May 01, 2020 · As of now, there are eight total ranks. These include Iron, Bronze, Silver, Gold, Platinum, Diamond, Immortal, and VALORANT. All ranks, further divided into three tiers each, except for the top rank, VALORANT. Players can queue in parties of up to five but need to be within two ranks or six tiers of their teammates.
This account is currently in gold elo, and for whatever reason, my average queue time is around 20 minutes. The fastest ive had today out of 6 games was 12 or 15 minutes and that's either fluctuating with lobbies with bronze/ silver players, to mostly plat with some diamonds.