Best of 2024: Valkey is Rapidly Overtaking Redis

Redis made a licensing change to a 'source-available' model, causing the community to fork Redis into Valkey with backing from major companies like AWS, Google Cloud, and Alibaba Cloud. Valkey has quickly gained support and momentum, with significant contributors moving over from Redis. As a result, many businesses are transitioning from Redis to Valkey, potentially challenging Redis's market position.