To maintain optimum performance and ensure that the Lightning Platform API is available to all customers, Salesforce balances transaction loads by imposing two types of limits:
Concurrent API Request Limits Total API Request Allocations
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To maintain optimum performance and ensure that the Lightning Platform API is available to all customers, Salesforce balances transaction loads by imposing two types of limits:
Concurrent API Request Limits
Total API Request Allocations
To understand the limits, see API Request Limits and Allocations
You can request an Increase. Please refer Increase your organization's API limit to learn more
Let me know if this helps, if it does, please mark this answer as best so that others facing the same issue will find this information useful. Thank you