Ryan Adams explains a concept:
Connections are shared infrastructure in Microsoft Fabric. Pipelines, dataflows, semantic models, and other Fabric items use them to reach data sources without storing connection details and credentials in every item. Connection Recency adds the context administrators need to understand how each connection is being used. If you go to “Manage Connections and Gateways” in Fabric settings and open the settings of any connection, the following information card will populate:
Click through to learn more about connection recency and how it can be helpful to understand the mechanic.