I can see it in the app when I open it. I first noticed it yesterday evening. I'm not a fan of the new writing style but seeing the two versions next to each other I am noticing that the new style is easier to read at a glance, especially when your eyes are darting all over the place. I think its more because the letters are larger and less compact than the fact that its cursive. If i had to guess the reason I'd say that its probably less about Gen Z and more about it being an English word on a global brand. Large block letters are easier to read and recognize when English is not your main language. Thats my guess anyway. I feel like the scape goat nowadays is always gen z or boomers though lol
So my meaningless analysis is that its easier to read but more boring looking. Lol
RE: Instagram has a new logo but it is not visible any more in the app