The peg has not been at $1 reliably for years ... it has been wandering above and below for years. HBD Stabilizer catches it up as close to $1 as it can, but there is more lag when Hive is dropping quickly in price.

There is a recent article that explains the rest ... Hive has hardened to its most dedicated users, and it may well be that the whales are making out well enough that they don't want a bunch of other people. That is a probable way to explain the complete lack of marketing of the many excellent features of Hive when we have a Decentralized Hive Fund giving away millions of dollars over Hive's lifetime to accomplish so little.

@fullcoverbetting/hive-stats-2025-the-floor-is-in-but-the-walls-are-higher-fpm