Magento has been about 30% of all online stores worldwide. But on June 30, 2020, Adobe has announced the end of support for 12 years old Magento 1 which means Magento will no longer support the Magento 1 Software and the website built on Magento 1 after this date. After the announcement was made in September 2018, many of the Magento store owners started moving on to an improved and secured version of Magento 2 but with the recent analysis of Built with usage Statistics of 1st June 2021, there were still 53,401 live websites using the version of Magento 1.
The Differences Between Magento Migration, Update, And Upgrade