At least there is less liquid steem. So it seems that people on average has faith in the system as more are powering up their accounts :D
I think thats the most important metric, combined with the growth in users.
Steem has a lot of potential and people are beginning to see that :)
No doubt Steem is growing, the only problem at the moment is that the whole Crypto is in a downtrend and people are less motivated, we will see the cryptomarket even go way more down until the end of the month, and hopefully rising in August again :)