The Ethereum merge from proof-of-work (pow) to proof-of-stake (pos) mechanism happened 2y, 215d ago on September 15, 2022.
Since the merge:
ETH grew 0.056%/y in supply.
BTC grew 1.387% in supply.
If Ethereum kept pow, total supply would have inflated 3.359%. The merged reduced issuance from ~15K ETH/day to ~1.5K ETH/day.
Since the merge, Ethereum gas fees have averaged 18.8 gwei (low: 0.2 gwei, high: 825.5 gwei) but ETH continues to be an inflationary asset due to ETH issuance outpacing the burn from network fees.
The most interesting part of all of this?
Since the merge:
Bitcoin is up 327%.
ETH is down 4%
Where does ETH go from here?