Pretty impressive how the ETH supply has been affected by the Merge: POS vs. POW -95.54% reduction in issuance so far ‼️

Under POW around 253,000 (vs. 11,300 in POS) ETH would have been issued and rewarded to miners.

This mean a lot of things:

• Less selling pressure on the markets (miners need to partially sell their tokens to finance their operations)
• Better security against 51% attacks
• Easier way to even better decentralization and holders paying much less for security (BTC holders paid $37.25 / transaction, ETH holders earned $0.78 / transaction)

Once the gas demand increases, Ethereum will even turn deflationary!