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The phrase "this has since fallen" is correct and usable in written English.
It can be used to indicate that something has declined or decreased over time from a previous state or condition. Example: "The company's stock price was high last year, but this has since fallen due to market fluctuations."
Exact(1)
A December 2014 poll showed the Greens to be the second choice party for 18- to 24-year-olds after Labour, passing the Conservatives for the first time, although this has since fallen.
Similar(58)
This number has since fallen to 144,120 in 2006, accounting for 61 per cent of all marriages.
This proportion has since fallen slightly to 20% or 198 of the total 1,000.
More than 60% of UK goods exports went to the EU in the late 1990s, but this share has since fallen to 45%.
This rose sharply until 2007 but has since fallen as a result of low interest rates and the global downturn.
Crime has since fallen considerably.
Its popularity has since fallen.
(That number, he says, has since fallen).
But his star has since fallen.
The share price has since fallen 90percentt.
That number has since fallen to three.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com