diff --git a/packages/controller-utils/src/EventAnalyzer.test.ts b/packages/controller-utils/src/EventAnalyzer.test.ts
new file mode 100644
index 00000000000..f5bfb30a81c
--- /dev/null
+++ b/packages/controller-utils/src/EventAnalyzer.test.ts
@@ -0,0 +1,198 @@
+import type { EventName, Handlers } from './EventAnalyzer';
+import { EventAnalyzer, EventStats } from './EventAnalyzer';
+
+type EventHandler = (...payload: unknown[]) => void;
+
+class MockMessenger<Event extends EventName> {
+  readonly #handlers: Map<Event, EventHandler>;
+
+  constructor() {
+    this.#handlers = new Map();
+  }
+
+  subscribe(event: Event, handler: EventHandler) {
+    if (!this.#handlers.has(event)) {
+      this.#handlers.set(event, handler);
+    }
+  }
+
+  unsubscribe(event: Event, _handler: EventHandler) {
+    const registered = this.#handlers.get(event);
+
+    if (!registered) {
+      throw new Error('Not registered');
+    }
+    this.#handlers.delete(event);
+  }
+
+  publish(event: Event, ...payload: unknown[]) {
+    const handler = this.#handlers.get(event);
+
+    if (!handler) {
+      throw new Error(`No event handlers for: "${event}"`);
+    }
+    handler(...payload);
+  }
+}
+
+function setup<Event extends EventName>(opts: {
+  events: readonly Event[];
+  handlers?: Handlers;
+}) {
+  const messenger = new MockMessenger<Event>();
+  const handlers = opts.handlers ?? {
+    onSameEventValues: jest.fn(),
+  };
+  const analyzer = EventAnalyzer.from({
+    messenger,
+    handlers,
+    events: opts.events,
+  });
+
+  return { messenger, handlers, analyzer };
+}
+
+describe('EventChangeDetector', () => {
+  const events = ['0:event', '1:event'] as const;
+
+  beforeEach(() => {
+    jest.resetAllMocks();
+  });
+
+  it('does not call the handler if events values are different', () => {
+    const { messenger, handlers } = setup({ events });
+
+    messenger.publish(events[0], { foobar: true });
+    messenger.publish(events[0], { foobar: false });
+
+    expect(handlers.onSameEventValues).not.toHaveBeenCalled();
+  });
+
+  it('does not call the handler if events values are being re-used', () => {
+    const { messenger, handlers } = setup({ events });
+
+    messenger.publish(events[0], { foobar: true });
+    messenger.publish(events[0], { foobar: false });
+    messenger.publish(events[0], { foobar: true });
+
+    expect(handlers.onSameEventValues).not.toHaveBeenCalled();
+  });
+
+  it('detects event sent with the same values', () => {
+    const { messenger, analyzer, handlers } = setup({ events });
+
+    const payload = { foobar: true };
+    messenger.publish(events[0], payload);
+    messenger.publish(events[0], payload);
+
+    expect(handlers.onSameEventValues).toHaveBeenCalledWith(
+      analyzer,
+      events[0],
+      payload,
+    );
+  });
+
+  it('detects event sent with the same values (default handler)', () => {
+    const messenger = new MockMessenger<(typeof events)[number]>();
+    const analyzer = EventAnalyzer.from({
+      messenger,
+      events,
+    });
+    analyzer.subscribe(events[0]);
+
+    const consoleSpy = jest.spyOn(global.console, 'log');
+
+    const payload = { foobar: true };
+    messenger.publish(events[0], payload);
+    messenger.publish(events[0], payload);
+
+    expect(consoleSpy).toHaveBeenCalledWith(
+      expect.stringContaining(`! ${events[0]} (no-diff)`),
+    );
+  });
+
+  it('subscribe and unsubscribe events', () => {
+    const { messenger, analyzer } = setup<(typeof events)[0]>({
+      events: [],
+    });
+
+    analyzer.subscribe(events[0]);
+    analyzer.unsubscribe(events[0]);
+
+    expect(() => messenger.publish(events[0], { foobar: true })).toThrow(
+      `No event handlers for: "${events[0]}"`,
+    );
+  });
+
+  it('tracks stats', () => {
+    const { messenger, analyzer } = setup({
+      events,
+    });
+
+    const event = events[0];
+    messenger.publish(event, { foobar: 1 });
+    messenger.publish(event, { foobar: 2 });
+    messenger.publish(event, { foobar: 3 });
+    messenger.publish(event, { foobar: 3 }); // Same.
+
+    const stats = analyzer.getStats(events[0]);
+    expect(stats).toBeDefined();
+    expect(stats?.total).toBe(4);
+    expect(stats?.same).toBe(1);
+    expect(stats?.rate).toBe(0.25);
+  });
+
+  it('cannot get stats for an unknown event', () => {
+    const { analyzer } = setup({
+      events: [events[0]],
+    });
+
+    const badEvent = events[1];
+    // @ts-expect-error - Testing error case that's not type-safe.
+    expect(() => analyzer.getStats(badEvent)).toThrow(
+      `Unknown event: "${badEvent}"`,
+    );
+  });
+
+  it('gets registered events', () => {
+    const { analyzer } = setup({
+      events,
+    });
+
+    expect(analyzer.getEvents()).toStrictEqual(events);
+  });
+
+  it('gets registered events and use it to get event stats', () => {
+    const { analyzer } = setup({
+      events,
+    });
+
+    for (const event of analyzer.getEvents()) {
+      const stats = analyzer.getStats(event);
+
+      expect(stats).toBeDefined();
+    }
+  });
+});
+
+describe('EventStats', () => {
+  it('updates the total', () => {
+    const stats = new EventStats();
+
+    stats.update();
+    stats.update();
+
+    expect(stats.same).toBe(0);
+    expect(stats.total).toBe(2);
+  });
+
+  it('updates the total and same', () => {
+    const stats = new EventStats();
+
+    stats.update();
+    stats.update({ isSame: true });
+
+    expect(stats.same).toBe(1);
+    expect(stats.total).toBe(2);
+  });
+});
diff --git a/packages/controller-utils/src/EventAnalyzer.ts b/packages/controller-utils/src/EventAnalyzer.ts
new file mode 100644
index 00000000000..653ced21675
--- /dev/null
+++ b/packages/controller-utils/src/EventAnalyzer.ts
@@ -0,0 +1,188 @@
+import deepEqual from 'fast-deep-equal';
+
+export type EventName = `${string}:${string}`;
+
+export type EventHandler = (...payload: unknown[]) => void;
+
+export type EventMessenger<Event extends EventName> = {
+  subscribe: (event: Event, callback: EventHandler) => void;
+  unsubscribe: (event: Event, callback: EventHandler) => void;
+};
+
+export type Handlers = {
+  onSameEventValues: <Event extends EventName>(
+    data: EventAnalyzedData<Event>,
+    event: EventName,
+    ...values: unknown[]
+  ) => void;
+};
+
+/**
+ * Pretty-print values as JSON.
+ *
+ * @param values - Values to be pretty-printed.
+ * @returns A pretty-printed JSON string.
+ */
+function pprint(values: unknown) {
+  return JSON.stringify(values, null, 2);
+}
+
+export class EventStats {
+  #total: number = 0;
+
+  #same: number = 0;
+
+  get total(): number {
+    return this.#total;
+  }
+
+  get same(): number {
+    return this.#same;
+  }
+
+  get rate(): number {
+    return this.#same / this.#total;
+  }
+
+  update({ isSame }: { isSame: boolean } = { isSame: false }) {
+    if (isSame) {
+      this.#same += 1;
+    }
+    this.#total += 1;
+  }
+
+  pprint() {
+    return `[${this.#same}/${this.#total} (${(this.rate * 100).toFixed(2)}%)]`;
+  }
+}
+
+export type EventInfo = {
+  handler: EventHandler;
+  value?: unknown[];
+  stats: EventStats;
+};
+
+export type EventAnalyzedData<Event extends EventName> = {
+  getStats(event: Event): EventStats;
+  getEvents(): Event[];
+};
+
+/**
+ * Default handlers for `onSameEventValues`.
+ *
+ * @param data - Analyzed data.
+ * @param event - Event name.
+ * @param values - Event values (or payload).
+ */
+export const onSameEventValuesLogHandler: Handlers['onSameEventValues'] = <
+  Event extends EventName,
+>(
+  data: EventAnalyzedData<Event>,
+  event: Event,
+  ...values: unknown[]
+) => {
+  const stats = data.getStats(event);
+
+  console.log(`! ${event} (no-diff) ${stats.pprint()}:\n${pprint(values)}`);
+};
+
+// TODO: Change name.
+export const DEFAULT_HANDLERS: Handlers = {
+  onSameEventValues: onSameEventValuesLogHandler,
+};
+
+export class EventAnalyzer<Event extends EventName>
+  implements EventAnalyzedData<Event>
+{
+  readonly #events: Map<Event, EventInfo>;
+
+  readonly #handlers: Handlers;
+
+  readonly #messenger: EventMessenger<Event>;
+
+  constructor({
+    messenger,
+    handlers = DEFAULT_HANDLERS,
+  }: {
+    messenger: EventMessenger<Event>;
+    handlers?: Handlers;
+  }) {
+    this.#messenger = messenger;
+    this.#handlers = handlers;
+    this.#events = new Map();
+  }
+
+  static from<Event extends EventName>({
+    events,
+    messenger,
+    handlers = DEFAULT_HANDLERS,
+  }: {
+    events: readonly Event[];
+    messenger: EventMessenger<Event>;
+    handlers?: Handlers;
+  }) {
+    const analyzer = new EventAnalyzer<Event>({ messenger, handlers });
+
+    for (const event of events) {
+      analyzer.subscribe(event);
+    }
+    return analyzer;
+  }
+
+  subscribe(event: Event) {
+    if (!this.#events.has(event)) {
+      const handler: EventHandler = (...payload) => {
+        this.#handleEvent(event, ...payload);
+      };
+
+      this.#messenger.subscribe(event, handler);
+      this.#events.set(event, {
+        handler,
+        stats: new EventStats(),
+      });
+    }
+  }
+
+  unsubscribe(event: Event) {
+    const info = this.#events.get(event);
+
+    if (info) {
+      const { handler } = info;
+
+      this.#messenger.unsubscribe(event, handler);
+      this.#events.delete(event);
+    }
+  }
+
+  #get(event: Event): EventInfo {
+    const info = this.#events.get(event);
+
+    if (!info) {
+      throw new Error(`Unknown event: "${event}"`);
+    }
+    return info;
+  }
+
+  getEvents(): Event[] {
+    return Array.from(this.#events.keys());
+  }
+
+  getStats(event: Event): EventStats {
+    return this.#get(event).stats;
+  }
+
+  #handleEvent(event: Event, ...newValues: unknown[]) {
+    const info = this.#get(event);
+    const { stats, value } = info;
+
+    const isSame = value !== undefined && deepEqual(value, newValues);
+
+    stats.update({ isSame });
+    if (isSame) {
+      this.#handlers.onSameEventValues(this, event, ...newValues);
+    }
+
+    // Keep track of the new event values.
+    info.value = newValues;
+  }
+}
diff --git a/packages/controller-utils/src/index.test.ts b/packages/controller-utils/src/index.test.ts
index dbcad3f253a..01e828ce2d3 100644
--- a/packages/controller-utils/src/index.test.ts
+++ b/packages/controller-utils/src/index.test.ts
@@ -81,6 +81,10 @@ describe('@metamask/controller-utils', () => {
         "parseDomainParts",
         "isValidSIWEOrigin",
         "detectSIWE",
+        "EventStats",
+        "onSameEventValuesLogHandler",
+        "DEFAULT_HANDLERS",
+        "EventAnalyzer",
       ]
     `);
   });
diff --git a/packages/controller-utils/src/index.ts b/packages/controller-utils/src/index.ts
index a3f5c992283..daa600e7d00 100644
--- a/packages/controller-utils/src/index.ts
+++ b/packages/controller-utils/src/index.ts
@@ -49,3 +49,4 @@ export {
 } from './util';
 export * from './types';
 export * from './siwe';
+export * from './EventAnalyzer';