Yes, still. I’m a mod on a few other decent sized subs (30k-ish) actually and most of them are still growing, unless the topic at hand is clearly outdated.
Sounds like Reddit itself has recovered in terms of raw numbers, but I (and others) have noticed yet another downtick in quality. Lot more bots (AI craze doesn't help. And despite the API narrative being used to counter them, they probably suferent the least), comments seem to be as hostile as early pandemic. But these are hard to measure objectively.
It could just be that the longer you're on there, the worse the quality appears to get to you as newcomers come. People always start to feel that way after being there some time. But then again people have been complaining about the quality of reddit going down literally almost as long as reddit has existed.