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📊 Comparing the Finality Times of Layer 1 Blockchains
🟢 This report compared the top 30 Layer 1 blockchains on CoinMarketCap, excluding Layer 2 and chains specifically for trading like Hyperliquid.
⚡️ Chains with the fastest finality:
$TON : ~0.6 seconds
#Avalanche: ~1 second
$BNB: ~1.1 seconds
⚡️ Fast group:
$SUI : 1.5 seconds
#Hedera: 2–3 seconds
$XRP: 3–5 seconds
#Stellar: ~5 seconds
⚡️ Medium group:
$SOL : requires approximately 32 slots to finalize
$TRON: approximately 1 minute to fully confirm
⚡️ Slow group:
#Ethereum: approximately 12–15 minutes to reach complete finality
#Litecoin: approximately a few tens of minutes
#Bitcoin: ~1 hour (6 confirmations)
#Monero: approximately 20 minutes
#Cardano: approximately 1 day according to Ouroboros design
🟢 $TON is currently the blockchain with the fastest finality time in the comparison list, while #Bitcoin and #Cardano is among the slowest due to its security and consensus mechanisms prioritizing safety over speed.
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