Unfortunately, the whole crypto market is still skewed by the price of bitcoin. If bitcoin suffers a fall, the others including steem normally follow.

I suspect we'll see an upturn later this summer and steem should see a rise too. The intro of auto registering of accounts will help lots plus of course.... drumroll.... SMTs.

Once these are introduced I'd be surprised to see steem still outside the top 30. There's plenty of upside potential....