What Is the Ethereum Merge? The Ethereum Merge is the joining of Ethereum’s proof-of-stake (PoS) Beacon Chain with the Ethereum Mainnet to transition the Ethereum blockchain off the legacy proof-of-work (PoW) system. As of mid-September 2022, Ethereum has officially switched over to a PoS model. It has given birth to Ethereum 2.0, a new version of Ethereum. This will result in a 99.95% reduction in Ethereum’s energy consumption and the ability to further scale the Ethereum ecosystem.

The switch has moved the entire blockchain over to new PoS validator nodes that require staking or locking up 32 Ether (ETH) to join. Ether tokens will remain exactly the same for investors, and there should be no change to the operations of Ethereum-based applications. During the merge, users may not be able to transfer Ethereum-based assets.

Summary

About 43M transaction recorded 10 days before Merge while only about 10.2M transactions recorded 10 days after Merge.

About 7.65M Users transacted in Ethereum 10 days before Merge while only About 2.57M Users transacted in Ethereum 10 days after Merge.

About 67.5K ETH users spent as Fee 10 days before Merge while about 12.8K ETH users spent as Fee 10 days after Merge.

The highest number of transactions in 2 weeks ago was on 16,17 September with about 1.27M transactions. these days were located in after Merge.

The highest number of users in 2 weeks ago was on 17 September with about 562K Users. this day was located in after Merge.

The highest amount of Fee in 2 weeks ago was on 8 September with about 2.3K ETH. this day was located in before Merge.

Success rate in after and before Merge is equal 50% but failed rate is 51% in Merge and 49% in before Merge. it seems after Merge number of failed transactions growth rather than before Merge.

Before Merge:

(0xdAC17F958D2ee523a2206206994597C13D831ec7) has the highest number of receive transactions with about 692K while (0xEA674fdDe714fd979de3EdF0F56AA9716B898ec8) has the highest number of send transactions with about 240K.

After Merge:

(0xdAC17F958D2ee523a2206206994597C13D831ec7) has the highest number of receive transactions with about 621K while (0xEA674fdDe714fd979de3EdF0F56AA9716B898ec8) has the highest number of send transactions with about 142K.