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Author: Admin | 2025-04-28
Those that are most well-known, but we'll include the fastest options, too. Better still, you can read it all from the handy table below! Cryptocurrency Transactions Per Second (TPS) Transaction Finality Bitcoin (BTC) 7 30 to 60 minutes Ethereum* (ETH) 30 30 minutes Bitcoin Cash (BCH) 200 30 to 60 minutes Litecoin (LTC) 56 30 minutes Monero** (XMR) See notes 20 minutes Dogecoin (DOGE) 33 6 minutes Cardano (ADA) 250 20 minutes Ravencoin (RVN) 116 100 minutes Polygon*** (MATIC) 7,000 15 minutes Ontology (ONT) 5,000 10 minutes ICON (ICX) 9,000 Near instant Zilliqa (ZIL) 1,000-2,500 30 seconds Stellar (XLM) 1,000-5000 5 seconds Avalanche (AVA) 4,500 2 seconds Cosmos (ATOM) 10,000 2-3 seconds Solana**** (SOL) Up to 50,000 Near instant Ethereum*: Note that while Ethereum currently processes around 30 transactions per second, future updates are expected to boost this figure enormously. The Ethereum 2.0 Merge, completed in September 2022, will eventually see the introduction of blockchain sharding, which could allow for hundreds of thousands of transactions per second. Monero**: Using a strict number of transactions for Monero is difficult and potentially inaccurate, as Monero uses a dynamically adjusting block size to accommodate more transactions, with decreasing fees as network usage increases. Polygon***: Polygon's 7,000 tps was achieved on a testnet sidechain. Solana****: While Solana claims to be able to handle up 50,000 tps, the highest number of transactions per second achieved is 8,453 (which is still impressive). Solana Is the Fastest Cryptocurrency—But It's Not Clear Sailing On the face of things, Solana is the fastest cryptocurrency. Some believe Solana could increase the number of transactions per second even higher, drastically increasing the scaling potential of the network. However, at the time of writing, the crypto world is reeling from the FTX and Alameda Research bankruptcy and its subsequent ripples. Unfortunately, Solana was a crypto both exchanges held a great deal of. Alameda Research held more than $1.2bn SOL alone. When FTX and Alameda went under, the price of SOL tanked, dropping to around $13 per SOL from more than $30. Furthermore, the massive price drop saw huge numbers of SOL stakers unstake coins, further compounding the issue. Solana is far from dead. The huge price decrease is hard for investors to take and could temporarily damage network stability by removing validators, but Solana still has a great deal going for it that will aid its recovery. At least, when the crypto
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