Optimum image size for blog?

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Hi, some of my images are like 700 kb jpegs. When converted to .webp, it comes down to around 350 kb .webp

Is it okay to upload 350 kb .webp images in blog posts or featured images? or what is the optimum size? I don’t want images making the blog load slow.

Already using a lazy load plugin, cloudflare, and the site is hosted on a decent VPS.

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