We got a new announcement of STEEM Development few hours ago as AppBase. If you need to get a clear idea about AppBase annoucement I am highly recommending you to read one of my witness - @dragosroua's article about it. This is one of the major step of STEEM and it proves STEEM development team is near to release the next big update - Smart Media Token in next couple of months time.

When we look into crypto market place today, I have noticed BitCoin is trying to break $10,000.00 resistant level again. In mean time STEEM also trading around $4.00 - $4.500 is a good sign. I don't think it might drop more and I wish in next couple of weeks, we can see an uptrend on STEEM which leads this wonderful crypto currency to $6.00 - $8.00 margin again. Because, STEEM has proven it has no way to be back to $1.00 again.

One other important thing is Steem Dollar (SBD) market price also increased and passed STEEM again. It's a good sign and a good news for all active bloggers of this platform and I think we should not worry about a PEG at the moment. The market supply of Steem Dollar (SBD) is too low to PEG for $1.00. If it need to PEG to $1.00 it needs atleast 5-6 times of the current market supply worth SBDs.

STEEM is my best crypto choice of 2017-2018. According to my viewpoint STEEM will change the entire phase of crypto and social medias in next few years of time. Therefore, you must be hurry to collect STEEM, because this might be the last time that we can buy STEEM in this lower price level. I am going to tell you WHY? (Thanks for @mexbit to highlight those fields).

• STEEM is not only a Social Media based blockchain, it's a business blockchain.
• DTube built as a replacement of YouTube.
• Ustream replacement called as DLive.
• DSound is the replacement of SoundCloud.
• StackOverFlow will be replaced by PeerQuery.
• SMT will be the replacement of ERC20/Ether.
• STEEMIT is the replacement of Reddit / FaceBook.
• Twitter replacement is Zappl.

Until STEEM reach Two figure value of its' market price I would like to keep this article topic as March to 10 in next couple of weeks time.

Original Image Source

---

Graphene Blockchain Technology early adopted STEEM blockchain is one of the fastest blockchain in the current world. Let's check the daily statistics of the STEEM blockchain now.

Current Reward Pool Statistics of STEEM

Head Block Number: 19,890,962
Current Inflation Rate: 8.98436152
Current Virtual Supply: 266,394,227.611 STEEM
Every Block Produce: 1.707607055 STEEM
DAILY STEEM ADD TO THE REWARD POOL: 49,179.08317188

^{I wish no one will drain the reward pool too much. This daily reward pool is for all of us. Not only for few big players of the platform.}

---

Current STEEM and SBD Market Analysis

STEEM Market Price: $4.39
Market Capital: 1,094,389,471 USD
Circulating Supply: 249,419,854
Market Capital Wise Rank: 24

STEEM DOLLAR Market Price: $5.43
Market Capital: 48,226,320 USD
Circulating Supply: 8,879,398
Market Capital Wise Rank: 224

^{Sources: Steem, Steem Dollar}

---

Top Power Up Statistics in Last 7 Days

Source

---

Top Power Down Statistics in Last 7 Days

Liquid STEEM: 78,838,630
Current Supply: 264,108,931 STEEM
Pending Power Downs (Total powering down in the next week): 6,619,081 STEEM
Completed Power Downs (Total powered down in the last week): 6,424,112 STEEM
Difference (% Change): 3.03%

Source

---

What Alexa Traffic Statistics Says

STEEMIT made it's entry to top 1,100 in Alexa Traffic Rankings. I wish it will reach top 1,000 Alexa Traffic Rankings soon.

Source
Audience Geography

Country	Percent of Visitors	Rank in Country
United States	29.8%	724
South Korea	10.6%	207
United Kingdom	5.5%	547
Germany	4.6%	876
Japan	4.0%	2,049

---

What Blocktivity Says Today

Here what I have found today from BLOCKTIVITY. As I told you before, Graphene Technology powered STEEM has proven that it has the capacity to do more scalability than Ethereum and BitCoin networks.

STEEM: 1,633,621 Transaction & Consumed 0.14% Network Capacity
ETHEREUM: 782,346 Transaction & Consumed 60.37% Network Capacity
BITSHARES: 614,819 Transaction & Consumed 0.05% Network Capacity
BITCOIN: 200,121 Transaction & Consumed 100% Network Capacity
GOLOS: 95,747 Transaction & Consumed 0.01% Network Capacity

Source

---

What Are The Most Active Blockchains?

Source

---

Marketcap of Most Active Blockchains

Source

---

Crypto Currency Market Capital Changes of Last Couple of Months Time

Source

---

The Speed of STEEM Blockchain by Animations

---

Source

---

Main Events of STEEM Blockchain in 2018

STEEM got two big news in 2018.

• STEEM Media Token (SMT) - A new way for publishers to monetize their online content and community, based on battle-tested blockchain technology. You can read more here
• HardFork 0.20.0 (HF20) - You can read about Hardfork 0.20.0 "Velocity" here

---

Time to few questions

• Do you have any opinion to improve the efficient of this article? If yes, please write in point form.
• What do you think about STEEM Reward Pool? Do we need to utilize it effectively?
• Where STEEM will go next? Or it will remain at current market price?
• What do you think about Smart Media Token? Do you think it will bring STEEM to the Moon?

---

References

Smart Media Token - Source
Graphene Blockchain Technology - Source
Alexa Ranking - Source
Blocktivity - Source

---

Special thanks for @rebeccaryan, for her nice suggestions to improve the quality of the report.

---

Enjoy!

Resteem | Upvote | Comment