The trans fad seems to have peaked. Less mental illness is a key correlate.
Source: Why are fewer young people identifying as trans? - UnHerd
Quotes from the UnHerd piece:
Mental illness among American teens, for example, has fallen since 2021-22 — a pattern confirmed in the FIRE data from 2023-25. My analysis indicates that changes in mental health over time, especially depression, made a significant difference to the trajectory of trans and queer identities over this period.