Sui And Internet Computer Rank As Fastest Blockchains In August TPS Report
The post Sui And Internet Computer Rank As Fastest Blockchains In August TPS Report appeared on BitcoinEthereumNews.com. Sui and ICP top blockchain speed charts with over 3,700 TPS in August rankings. Legacy chains like Bitcoin and Ethereum trail far behind in TPS and block times. High speed doesn’t equal adoption as Sui and ICP show low active address counts. A new blockchain performance report published August 6 by Phoenix Group shows large speed disparities across major blockchain networks, with Sui and Internet Computer Protocol (ICP) recording the highest average transactions per second (TPS) over the past month. The two networks outpaced other contenders, marking a lead in throughput metrics among both established and emerging chains. According to the data, Sui led the rankings with an average of 3,900 TPS, followed closely by ICP with 3,700 TPS. The performance gap between these two and other networks was large. The third-highest performer, Base, registered an average of just 105.3 TPS, while Solana and BNB Chain followed with 92.1 and a lower but unspecified figure, respectively. Sui and ICP also posted favorable block finality times, with Sui averaging 398 milliseconds and ICP at 480 milliseconds. These numbers suggest rapid transaction settlement compared to longer finality times seen on traditional networks. By comparison, Bitcoin recorded an average block time of 10 minutes, and Ethereum followed at 12 seconds. Legacy Networks Lag Behind in Speed Despite their prominence, older blockchain platforms placed lower in the speed rankings. Ethereum recorded 11.3 TPS on average, while Avalanche, Cardano, and Bitcoin ranged between 11.2 and 4.4 TPS. Bitcoin’s 4.4 TPS marked the lowest among the listed networks, underscoring the trade-off between decentralization and scalability that often characterizes early blockchain designs. The rankings included a wide range of blockchain ecosystems, from newer networks like Base and Injective to longer-established chains such as Tron and Polygon. Each showed varying performance levels, highlighting the diversity of technical architectures…
The post Sui And Internet Computer Rank As Fastest Blockchains In August TPS Report appeared on BitcoinEthereumNews.com.
Sui and ICP top blockchain speed charts with over 3,700 TPS in August rankings. Legacy chains like Bitcoin and Ethereum trail far behind in TPS and block times. High speed doesn’t equal adoption as Sui and ICP show low active address counts. A new blockchain performance report published August 6 by Phoenix Group shows large speed disparities across major blockchain networks, with Sui and Internet Computer Protocol (ICP) recording the highest average transactions per second (TPS) over the past month. The two networks outpaced other contenders, marking a lead in throughput metrics among both established and emerging chains. According to the data, Sui led the rankings with an average of 3,900 TPS, followed closely by ICP with 3,700 TPS. The performance gap between these two and other networks was large. The third-highest performer, Base, registered an average of just 105.3 TPS, while Solana and BNB Chain followed with 92.1 and a lower but unspecified figure, respectively. Sui and ICP also posted favorable block finality times, with Sui averaging 398 milliseconds and ICP at 480 milliseconds. These numbers suggest rapid transaction settlement compared to longer finality times seen on traditional networks. By comparison, Bitcoin recorded an average block time of 10 minutes, and Ethereum followed at 12 seconds. Legacy Networks Lag Behind in Speed Despite their prominence, older blockchain platforms placed lower in the speed rankings. Ethereum recorded 11.3 TPS on average, while Avalanche, Cardano, and Bitcoin ranged between 11.2 and 4.4 TPS. Bitcoin’s 4.4 TPS marked the lowest among the listed networks, underscoring the trade-off between decentralization and scalability that often characterizes early blockchain designs. The rankings included a wide range of blockchain ecosystems, from newer networks like Base and Injective to longer-established chains such as Tron and Polygon. Each showed varying performance levels, highlighting the diversity of technical architectures…
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