I think Hive is actually undervalued. It's one of the few blockchains out there that actually has a use. Personally, I'm on Hive every day, whether it's scrolling through the various communities on Hive or playing Splinterlands.
I think one problem is simply that Hive is not really beginner friendly. It took me a really long time to understand the basics of Hive. And even today I still don't really understand some things in depth.
The next problem is that Hive is hardly represented on the major crypto exchanges. I don't think I need to say any more.
And finally, I think another problem is that Hive is only spread by word of mouth. There is hardly any real “advertising” and this simply means that few new people come to Hive.
Nevertheless, I'm sticking with Hive and not giving up hope. It's simply too big a part of my life now and I enjoy it too much.