Despite Threads hitting 175 million monthly active users, it’s still too early to say whether it could become another X one day.
Meta’s Threads, a social media platform built to capitalize on Elon Musk’s Twitter takeover in 2023, is celebrating its first anniversary with high ambitions to overtake X, as Twitter is now known.
Meta CEO Mark Zuckerberg took to Threads on July 4 to announce that the app has more than 175 million monthly active users. The new milestone comes a few months after Threads reached 150 million active users in April, marking stable growth in 2024.
Despite Threads adding a significant amount of new users over the past three months, it’s still too early to say whether the app could one day become another X, which has proved to reign supreme in the cryptocurrency community.