-   So is SigNozOpenTelemetry observability platform with logs, traces and metrics ★ 24K Monitoring Observability License: MIT ExpatAll your logs, metrics, and traces in one place. Monitor your application, spot issues before they occur and troubleshoot downtime quickly with rich context. SigNoz is a cost-effective open-source alternative to Datadog and New Relic. 
-   So is OpenObserveLogs, Metrics, Traces and more in one platform ★ 16.9K Monitoring Observability License: AGPL-3.0OpenObserve (O2 for short) is a cloud-native observability platform built specifically for logs, metrics, traces, analytics, RUM (Real User Monitoring - Performance, Errors, Session Replay) designed to work at petabyte scale.  
Sure, New Relic is awesome.
But have you considered these open source alternatives?
They are free, self-hostable and community-driven.
Check by yourself: SigNoz , OpenObserve .