Data: Five major cryptocurrencies perform well in trading

The data collected by reveals the time it takes for five top cryptocurrencies to execute transactions from 2019 to 2020. Data show that from January 2019 to January 2020, the average transaction execution time of Bitcoin is 10 minutes. In May this year, its fastest trading time reached 8.421 minutes. On the other hand, the average transaction time recorded by Ethereum is 0.22 seconds, the average transaction time of BSV is 10.37 minutes, and the average transaction time of BCH is 10.2 minutes. Meanwhile, Ripple's XRP is still the leader. XRP is the cryptocurrency with the most transactions. On average, XRP's transaction confirmation time is about 3.8 seconds, which is 157 times faster than the average transaction confirmation time of Bitcoin. It is worth noting that XRP processes 50,000 transactions per second, which has exceeded VISA (processing 24,000 transactions per second).