Simply put, Spigot is it. Spigot is the most widely-used modded Minecraft server software in the world. It powers many of the top Minecraft server networks around to ensure they can cope with their huge player base and ensure the satisfaction of their players. Spigot works by reducing and eliminating many causes of lag, as well as adding in handy features and settings that help make your job of server administration easier. The end result is that your server becomes a cut above the competition and you no longer have to spend time tearing your hair out over players complaining of lag.
It must also be added that Spigot is perfect for smaller servers too, especially due to features like cutting idle CPU usage, saving power, and other resources when only a few or no players are online.
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