All games will have ups and downs in activity based on actions taken in updates, events, or just general lack of motivation coming from the playerbase. FeralHeart, in my opinion, has probably suffered a lot of decrease in activity from players since the last Update. A lot of people were left appalled to know that their beloved (now old) FH maps had been removed and could no longer be visited and relive memories from the good old days, unless they truly wanted to download a mod that provided players with the old FH maps. Sadly, despite this mod, no one really visits these old maps anyway, a lot of players believe this update was a big step in "FeralHeart's downfall".
However, I have no doubt that what will be brought to the table in the coming future will gradually bring back old members and encourage the arrivals of new ones for specific reasons I will not state here. A lot of plans are being made and put to use in the Staff team and a lot of work has already been done but is not yet going to be released, although expect something to appear very soon, sooner than you may think in fact.
This game has been running for many, many years and has had many, many bumps, yet we're still here and this shows that a lot of us still have the dedication to overcome these bumps. I most definitely have faith in this game to continue running and eventually recover from recent situations that have now been resolved, as well as hope that what Staff have in mind for FH's future will open a lot more opportunities in terms of members feeling a lot more attached to this game.
Conclusively, yes, this game is still in fact alive and well.
It doesn't have all of the features and unique roleplays that it had before the patch. Yet, in the future and in terms of what is being done for the game, we hope that these unique roleplays will return and much newer ones will be created with lots of different twists and turns in themes. In the meantime however, I'd say - hang tight and don't lose hope, because progress is being made every day and what is going to be in store, will hopefully make the game even more alive, perhaps than ever before.