This is indeed a good news for Steem as a whole. But I guess it changes almost nothing for the steemit platform. It still has to evolve a lot and get rid of many issues. Also SMT is yet to be released, so only time will tell how well it will go.
Anyone have an idea why price has not recovered? Heck it was around $1.70 a little while ago. Most other altcoins recovered nicely for me but not Steem.....