Though I don't really know much about blockchain in toto but I have to the realization that there several factors that influence this cryptocurrency :one of which is awareness and usage. I stand to be corrected, I believe bitcoin is where it is today because of its awareness by many individuals. I have observe a continuous decrease in the price sbd and steem this few days.
I read through an article written by one of the whale in this community and what he was clamouring on was that he is tired of steemit and feel like investing his time to other platform. The question I threw at him was tha

if we all decide to leave, who then will develop our steemit, I made him understand that he has gone a long way to give up so easily on steemit.

The point I am drawing out here is that the success of steemit depends on our collective participation. I believe when more people are active and participate in the use of this sbd and steem, it will really rise.
I know there was a time it rose to about 15, this is still achievable.
One of my worries also is the heavy data usage by steemit platform, I think they have to do something about it, so that more people will have reasonable time online.
These are my few observations and proferred solution.