The Democratic Party is currently rudderless. It has no idea what it believes, can't decide between its base and electability, can't win, and can't seem to figure out how to move forward. So, of course, rank and file Dems are looking for a new leader. Who that person turns out to be will tell us a lot about what kind of opposition party the constitution will face in the future.
If they pick someone like Keith Ellison, for example, you can count on continued efforts to mainstream their most radical ideas. If they were to shock the world and choose someone like Jim Webb, they'd be a much more centrist, and viable, threat.