@petri999 explains it correctly. When more weak than strong players enter the pool, rating inflation occurs. Think about a player entering the pool who quickly drops from 1500 to 500. After his first couple of losses, his opponents get more points than they should. Exactly until his rating stabilized around 500. The reasons given for why more weak players entered the pool (covid and queens gambit) are also plausible.
I have been following my percentiles for a while and my very rough guess would be that in order to be in the same percentile my (rapid) rating would have to be ca. 50-100 points better than 6 month ago.
I have been following my percentiles for a while and my very rough guess would be that in order to be in the same percentile my (rapid) rating would have to be ca. 50-100 points better than 6 month ago.