The last major holdouts in the protest against Reddit’s API pricing relented, abandoning the so-called “John Oliver rules” which only allowed posts featuring the TV host. It's the official end of the battle. The Reddit protest is over, and Reddit won.
I won’t really call that a win,
Reddit lost the trust of many users, a non insignificant part of contributors and moderators left, the enshittification of the platform is not going to stop but they lost a big part of what made Reddit great. They damaged their image and popularity.
It’s like saying Elon won by trashing Twitter. Sure he does what he wants with it but making your platform less desirable sure isn’t a win for the platform.