According to BlockBeats on June 14, as reported by Fortune, Franklin Templeton CEO Jenny Johnson stated that public blockchains are evolving into highly efficient coordination machines, with the potential to replace parts of traditional financial infrastructure while unlocking new value for investors. Solana, one of the first blockchains catering to institutional investors, has demonstrated the capability to process nearly 65,000 transactions per second — a figure comparable to the Visa network. Sui, a newer blockchain, boasts a transaction processing speed nearly double that. With upcoming upgrades, public blockchains may soon scale their throughput to hundreds of thousands or even millions of transactions per second.

Decentralized exchanges like Uniswap, which facilitate peer-to-peer market making without requiring custody, are rapidly catching up to their centralized counterparts in traditional exchanges, processing trillions of dollars in transactions annually. As these systems improve in speed, their validation and security features have also significantly advanced, enabling them to better fend off hacks and verify identities and asset ownership. The transformation brought by digital asset technology won't be slow or incremental. Over the next five years, the pace of development across our industry is expected to exceed what we've seen in the past fifty years.