ETH vs SOL: The DCA Backtest

The identical plan — $100 on the first trading day of each month — run on both assets over their shared history (Apr 2020 → Aug 2026, $7,700 invested each). Every number below is computed from real daily closes; nothing is annualized away or cherry-picked.

invested in each
$7,700
77×
ETH today
$15,610
+103%
SOL today
$92,629
+1103%

Verdict on this window: $7,700 invested into SOL grew to $92,629, versus $15,610 in ETH. Different start dates shuffle this result — the rolling analysis below shows how often.

The same $100/month, side by side

Both positions month by month across the shared window: the dashed line is cash paid in ($7,700 total), the two curves are what ETH and SOL were worth along the way. Where the curves separate is where the decade's story lives.

$100k$200k2020202120222023202420252026ETH $16kSOL $93kETHSOLinvested

Does the winner depend on when you started?

One full-window result can mislead — maybe the winner just had a better final year. So we ran the head-to-head across EVERY possible 5-year start month in the shared history:

0%ETH beat SOL in 0% of all rolling 5-year windows (0 of 17) · median gap: -395.7 percentage points on the same $6,000 invested

Side-by-side numbers

ETHSOL
Shared history fromApr 2020Apr 2020
Monthly buys7777
Total invested$7,700$7,700
Final value$15,610$92,629
Total return+103%+1103%
Best 5y window+158%+2072%
Worst 5y window-29%+36%

Data through Aug 2026, refreshed daily.

The incumbent smart-contract chain versus the challenger

This is crypto's classic incumbent-vs-challenger trade, and the shared window since 2020 contains Solana's entire violent arc — the 220x run, the FTX-adjacent −96% collapse, the recovery. That path is why SOL dominates the best-window column while also owning the ugliest drawdowns; ETH's curve is the calmer, older platform compounding through the same cycles.

The honest framing: SOL's backtest starts near its all-time lows and rides a survival story that was genuinely in doubt in 2022 — survivorship in a single chart. A schedule averaged through that chaos better than any entry-timing could, but the width between these two curves is a live measure of how much extra risk the challenger side of this trade still carries.

FAQ

Is ETH or SOL better for dollar-cost averaging?

On the shared window measured here, SOL finished ahead (ETH: +103% vs SOL: +1103% on identical monthly buys). "Better" is window-dependent — the rolling head-to-head above tells you how stable that verdict was. Past performance doesn't predict the future; this page tells you what happened, not what will.

Can I just DCA into both ETH and SOL?

Yes, and if the pair is highly correlated the blend will behave like either one alone — check how similar the two curves above are before assuming a split adds diversification. Our portfolio calculator lets you backtest any weighting of the two on the same real data.

What data does this comparison use?

Real dividend- and split-adjusted daily closes for ETH and SOL, compared strictly over their shared history (Apr 2020 → Aug 2026), refreshed daily and validated for gaps and staleness. Fees, spreads and taxes are not modelled — see the methodology page.

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