While $BTC only processes ~7 transactions per second and
@ethereum ~75 transactions, newer high-speed chains are recording maximum speeds ranging from 12,933 transactions per second (TPS) on the
@Aptos chain, 6,284 TPS on
@solana and 3,252 TPS on
@BNBCHAIN. These transaction speeds are on par with the Visa network that processes 1,700 to 10,000 transactions per second in normal operations. Yet, even this comparison is misleading. Blockchains both record and settle their transactions in that TPS window whereas the Visa network only records a transaction. Settlement on the Visa network can take 1-3 business days.