To be fair, IRC user counts have fallen 50% in 5 years.The biggest driver being the relative collapse of IRCNet and Quakenet from 50-60k users to 10-15k users, which is likely driven by the migration of the gamer and casual userbase to Discord. Freenode held on because techies were more suspicous of going to a closed platform, but even they're not going to split between Libera, OFTC, some not getting the message about Freenode, Discord and Matrix.
It's been going on for a lot longer than 5 years. Most of the legacy IRC networks (IRCnet, DALnet, EFnet, QuakeNet, Undernet, Rizon) peaked around 2005 and have been shrinking steadily ever since.
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