This can't be answered with a simple yes/no without benchmarking this specific use case on specific hardware.
For other use cases I've personally never really found lz4 very useful (neither gzip). Usually zstd on either low/medium can be both faster (or at least, fast enough) and better compressed.
For other use cases I've personally never really found lz4 very useful (neither gzip). Usually zstd on either low/medium can be both faster (or at least, fast enough) and better compressed.