Will the merger boost Ethereum's transaction speed?

The transaction volume and transaction costs in the encrypted network will affect its supply and demand changes.

Ethereum’s block time (how often blocks are added to the Ethereum network) did get slightly faster after the merger, going from an average block time of 13.6 seconds to 12 seconds.

This means a 12% increase in transaction capacity and a 12% reduction in gas cost.

But this is an insignificant amount and should not be considered a "gas fee reduction".