Yeah we've had a lot of development and internally, it has generated value. Assuming we add marketcap of Leo, SPlinterlands, and come other internal projects to the Hive marketcap, it would make for nice reading but that's not how crypto works.
Anyways, someone said it is because we're a similar type of blockchain to steem, plus we're so close in market cap, it makes sense. Also, when you consider that it is just mostly trading bots doing the work, it might take a while to properly separate ourselves from them. We will have to create something that generates major Hive buzz and gets the world interested