Is Ethernet faster than Wi-Fi?

Could you please elaborate on the comparison between Ethernet and Wi-Fi in terms of speed? I'm curious to know if Ethernet offers faster data transmission rates compared to Wi-Fi. Could you also explain the factors that might influence this comparison, such as network congestion, distance from the router, or the quality of the hardware involved? I'm interested in understanding the technical differences that might contribute to any speed disparities. Thank you for your assistance in clarifying this matter.