Perhaps, but not as encouraging as a migration to self-hosted Matrix servers on traditional paid dedicated/virtual server hosting that's much less interested in policing its customers' content than platforms are.
The thing with me is, WSB is a group of what? A few million at least? I saw that they were up to 1.2 million maybe yesterday. And they're having a hard time on most if not all platforms. If not technically, then in terms of some form of censorship (as is the case here). There was the Discord issue, this Facebook issue. I've heard Reddit devs has been helpful with scaling r/wallstreetbets, but even still, the number of users and the (crazy yet benign) content is proving too much for a single subreddit to handle. This is a real-life use case for a possibly open-source, scalable message board. I feel like people are suddenly seeing the downsides of these backdoor-dealing, self-interested walled gardens.
/r/wallstreetbets has 5.3mil members right now, up from ~2mil a week or so ago.
Reddit has not been helpful at all. The mods made a post after they shut down the sub saying that the Reddit API can't handle the amount of traffic they need to moderate, and they've asked for special permissions.
It's a great irony people will stick it to the man using a private closed walled garden. Pump and dump is market manipulation. We all know the system will mitigate, both for survival but also stability and preventing bubbles.