This is yet to be seen. White House claims that Israel agreed to a Palestinian state and that actually maps were drawn. This could be big. Also, the fact that an Arab country openly celebrates it relations with Israel - and what is happening in the UAE the past few days is a celebration - is, itself, a huge thing.
You think that Israel only suspended annexation, I can tell you that in Israel there might be a handful of people who believe that. If annexation won't happen with a right-wing government, and a president such as Trump it will not happen anytime soon.