What is the average transaction time for Ethereum?

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What is the average transaction time for Ethereum?

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By Transaction Rate, do you mean Transaction time or Transaction Fee?

I meant transaction time.

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Ideally Ethereum transactions should complete in under 20 seconds and sometimes this might extend upto ~4 minutes depending on various factors like Gas, Gwei, miners available in the network and the total number of transactions currently in progress. For average blocktime you can check this illustrative chart: Ethereum Average Blocktime

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