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While Facebook encountered major problems, Snapchat has surpassed Instagram

According to a study done by Piper Jaffray, Snapchat has surpassed Instagram to become the most popular the social media of choice among teenagers

Last fall, Piper Jaffray's semi-annual survey of 6,500 US teenagers showed that 33% of them considered Instagram their most important social network. By this spring, that number had fallen to 27%.

However the story for Snapchat is the complete opposite. In fall 2015, just 19% of teens said Snapchat was their most important social network. But in this spring this number increased   to 28%, edging out Instagram
Twitter continued its slow decline, while Facebook also saw a slight deciline. 
Here is what the full table looked like:
Here is what the full table looked like:
 
 

There have been signs that Facebook, which owns Instagram, might not be happy with the recent performance of the photo-sharing app. Facebook is intending to change the way  Instagram shows your photos by switching to an algorithmic ranking (like Facebook's own news feed
And Facebook has certainly noticed Snapchat's success. Since failing in trying to buy Snapchat for $3 billion, Facebook has introduced a series of Snapchat-like features to its own apps.
While Instagram has 400 million monthly users overall, Snapchat  has 100 million daily users.
The chart from Piper Jaffray shows that Snapchat is more and more popular among teens  
The most important social network among US teens is Snapchat.

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