Today, Algorand produced two blocks with >32k and >50k transactions, respectively. It also has more smart contract throughput than all the other smart contract platforms combined.

https://algoexplorer.io/block/25808868 (>32k transactions/inners)

and

https://algoexplorer.io/block/25808869 (>50k)

The speed and finality of Algorand is tremendous and I truly believe it is the only current blockchain that can preserve decentralization while scaling to onboard the world.

Based on this article: https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581

The top chains had the following AMM-swap tps limits:

• Solana Mainnet Orca - 273 swaps
• BSC pancakeswap - 195 swaps
• Polygon quickswap - 95 swaps
• Axax Trader Joe - 176 swaps
• Celo Ubeswap - 50 swaps
• Ethereum uniswap v2 - 18 swaps

Now Algorand can handle ~1625 AMM swaps per second (assuming 3.8s per block and 25k tx)

For reference that is:

• 6.0x more than Solana
• 8.3x more than Binance
• 9.2x more than Avalanche
• 17x more than Polygon
• 32.5x more than Celo
• 90.3x more than Ethereum

​

L1 AMM swaps

If you're here for the tech, Algorand is leading the pack.