$ETH

The recovery of the Ethereum (ETH) price can be attributed to several factors, including:

- *Technical improvements*: Updates to the Ethereum network, such as the transition to Proof of Stake (PoS), can lead to increased efficiency and security of the network.

- *Increased use of decentralized applications*: The growth of decentralized applications (dApps) and projects built on Ethereum can lead to increased demand for the currency.

- *Developments in decentralized finance*: The growth of decentralized finance (DeFi) can lead to increased use of Ethereum in various financial applications.

These factors can contribute to the recovery of the Ethereum price and increase confidence in the currency.