#ETH Ethereum-Specific Rebound Drivers**

1. **Network Upgrades**: #ETH

- Successful implementation of upgrades (e.g., **Dencun**, proto-danksharding) to improve scalability and reduce gas fees could boost investor confidence.

- Post-**Merge** (transition to proof-of-stake) energy efficiency and staking rewards ($ETH staked in validators) enhance long-term value.

2. **DeFi and NFT Activity**:

- Rebounding demand for DeFi protocols (e.g., Uniswap, Aave) and NFT markets (e.g., OpenSea) drives ETH utility and transaction volume. $ETH

- TVL (Total Value Locked) growth in Ethereum-based dApps signals ecosystem health. $ETH