I think redis' switch to SSPL1 and then back to OSI approved AGPL did not really make them a favor, we'll see if it pays out for them.
What is certain, is that users are left with the question whether they can still trust to have a legally viable product for their needs not only now, but in the future.
"I'm altering the deal. Pray I don't alter it any further.".
AGPL is quite problematic for many people/organizations, in my professional life we had to more or less ditch some services, due to some similar licensing change.
There are many alternatives - I think the most prominent now is Valkey (IIRC, a fork of the originally BSD licensed redis code).