The rise of steem

This may be my shortest post ever on steemit.

It's been like forever that I've not seen this, where steem is higher than steem backed dollar aka SBD

While many is sad especially those that want to cash out, I find it interesting that all this is happening. Is this sign that adjustment is taking place? Where sbd suppose to be 1 to 1 againts USD will take place.

I tried to find some insight online however the conversation on it is pretty little or I search at the wrong place.

However, I saw some interesting post I think worth the read of two weeks data. 1, 2

Would love to hear if you have any insights? Hope to learn from anyone that is willing to share. Cheers