Honestly I believe it will be systems outside of steemit what will fuel the next growth for it. However Steemit has some serious power hungry people though that are just collecting steem and can sell it left and right.

I think steemit needs to correct some reward type issues to help stabilize the overselling of it including themselves and I believe SMT if ever released will fuel it through systems that use steem like we have seen with palnet.

Palnet honestly have give steem some serious value as well as steem-engine. I believe we would be back at $0.30 again if it was not for steem-engine.