stETH rebounded sharply over the past 24 hours, trading at $1,701.54 as of the latest market snapshot—up 8.71% in 24 hours and 1.01% in the past hour—despite remaining down 15.06% over the past 7 days. The rebound comes as the broader Ethereum market stabilized after weakness in early June, underscoring stETH's tight correlation with ETH price action and continued demand for liquid staking exposure.