What is Transactions Per Minute (TPM)?

Transactions per minute (TPM) is a metric that refers to the number of data transactions that a computer network can process in a minute. TPM, along with transactions per second (TPS), is sometimes used to determine a blockchain network's overall speed and scalability, by measuring how quickly a specific platform can process data such as cryptocurrency transactions and smart contract execution. Highly scalable networks with fast transaction speeds are pivotal to the widespread adoption of blockchain technology.