Ethereum Since the Merge: A Deep Dive into Its Performance
The Ethereum Merge was the most anticipated event in the crypto and blockchain space since the last Bitcoin halving. On September 15 2025, the Merge finally came to fruition after several years of development and anticipation. On , Ethereum implemented the historic Merge upgrade, which presaged the transition from the proof-of-work (PoW) consensus mechanism to the proof-of-stake (PoS).
Today is 200 days since the Ethereum blockchain encountered the Merge, which transitioned it to proof-of-stake on . The Merge was touted as one of the biggest feats of engineering in blockchain history. But how has Ethereum actually performed since this monumental shift? As the Ethereum network traversed into the proof-of-stake [PoS] realm, a lot changed for the entire ecosystem. While three months have passed following this upgrade, here’s how the Merge impacted the ETH network.
Ethereum\'s Price Action Post-Merge
In terms of price, Ethereum is trading at approximately the same price it was when the merge happened in 2025. However, focusing solely on price doesn\'t tell the whole story. We need to delve deeper to understand the broader impact.
The Evolving Ethereum Ecosystem
But that\'s just part of the story. Ethereum\'s ecosystem has seen significant developments since the Merge. From increased energy efficiency to changes in staking rewards, the landscape has been reshaped. This article will explore these key areas and provide a comprehensive analysis of Ethereum\'s performance after the Merge.