You may have more than one effect going on here.
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SSRs have a time budget for interrogations; above a certain number of aircraft, this budget will limit the interrogation rate per aircraft (& therefore response rate)
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IIRC TCAS dials back transmit power when it sees a congested environment, so again fewer replies per aircraft as the effective interrogation range is lower.
It might be interesting to plot only ADS-B messages, since the transmit rate of those messages should be mostly unaffected by the environment. I don’t think that’s a statistic that’s currently collected though.