EntityCulling VS krypton

second, there are various mods to help with this lag, sodium's entity culling will help a little, and you can also use https://github.com/tr7zw/EntityCulling, which is more aggressive. If you have access to the server itself (or this is singleplayer) there are probably also mods that optimize chests server-side.

Try Entity Culling and Hydrogen

Starlight performs substantially better than phosphor and greatly speeds up terrain generation. Krypton for networking performance. C2ME or tic-tacs (both aim to do the same thing and are not mutually compatible) greatly improve world loading and terrain generation but are experimental and, in my experience, not compatible with a lot of other mods. Dimensional Threading puts each dimension on a separate thread, but also tends to not be very compatible with other mods. FerriteCore aims to reduce ram usage. This page has a whole list of mods.

Krypton ( astei/krypton )

I would recommend a fabric server running krypton, lithium, starlight, tic-tacs, hydrogen, and ferritecore. Those mods are geared towards optimizing chunk generation and loading while having 0 impact on vanilla game behavior (the last two are geared for reducing ram usage). Of all the performance mods I've messed around with, those are the ones that I would recommend most. You could also add carpet and set it up to add tps to the tab list if you want to easily see that number.