The Ethereum Network Has Become Remarkably Stable Post-Merge

Eth has become amazing stable post-merge. We can take a look at several figures starting at the 22nd of September. I choose the 22nd of September as opposed to the 15th of September to give the network and the many protocols on that run on Ethereum a week's time to properly transition and restart their services to a degree of normalcy while ironing out any kinks in their services on the newly upgraded network.

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Block Times For Last 3 Months of 2022

From this date we see that ETH block times have are rock-solid stable. The mean ETH block time is 12.06 seconds. As a matter of fact in the 35 days of data since the 22nd, ETH block time has managed to stay exactly 12.06 seconds on 14 of those 35 days. If we gave ETH a range of just 0.05 seconds to be consistent between 12.04 and 12.09 seconds, ETH block time has only exceeded this range a total of 4 times.

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Block Per Day For Last 3 Months of 2022

ETH blocks per day also became extremely predictably and consistent post-Merge as as a natural consequence of stable block times. But it also shows how stable the network is both on the micro-scale of time for managing transactions within each block as well as on the time between each block giving fascinating consistency at the macro-scale of the total blocks for each day.

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ETH Supply For Last 3 Months of 2022

ETH supply was also increasing by about 10,000 ETH per day pre-Merge. As a expected outcome of swtiching to PoS ,the ETH supply has since halted at a maximum of 120.53M from the 22nd September and across the entire post-Merge period and actually decreased in supply and become deflationary in the period of the more recent week.

Graph Sources:

https://ycharts.com/indicators/ethereum_supply

https://ycharts.com/indicators/ethereum_average_block_time

https://ycharts.com/indicators/ethereum_blocks_per_day