People are still piling into at least one social media network

• Reddit saw a 50% increase in daily active users in the second quarter, outpacing competitors.
• The platform's growth contrasts with X's 1.6% and Meta's 7% increases in the same period.
• Reddit's success is driven by its use as a search engine and partnerships with OpenAI and Google.

Reddit may be one of the only social media companies seeing tons of new people sign up.

The forum-based platform saw a 51% increase in daily active users globally and a 59% increase in the US in the second quarter of the year, a stark difference from some of its competitors.