Ethereum After the Merge: Energy, Staking & the Road to 100,000 TPS
In September 2022, Ethereum switched from Proof of Work to Proof of Stake in "The Merge", reducing its annual energy consumption by approximately 99.95% — from ~78 TWh/year to under 0.01 TWh/year.
Current data
ETH Price$2,441
Market Cap$294.6B
Circulating Supply120.23M ETH
All-Time High$4,946
Layer 2 Value Secured$37.6B
Energy vs PoW−99.95%
Verified: 26 Aug 2026, 14:59 UTC
The −99.95% energy reduction is a property of the Merge itself. Current market figures: ChainSources market API (CoinGecko/CoinPaprika); Layer 2 value secured: L2BEAT. ⚠️ Not financial advice.