This may not seem like good news, but we were above 65% only a month ago. This means that Peercoins are being used and held by more people over time. The coin distribution progression is following the same path that Litecoin took, which is not surprising considering the LTC and PPC coin supply are very similar in number. What is somewhat surprising is that our price is staying relatively stable even though a few large holders are liquidating; it means that there is more interest in the market for Peercoin.
For reference, Litecoin is at 46.06%, although it is a year older.