Ethereum's competition just dropped massively thanks to most recent Solana outage The recent outage on the Solana network, which caused a temporary service interruption, has coincided with a strong price movement for Ethereum. Historically, such events have often preceded growth for Ethereum and this time appears to be no exception. Following the Solana network's return to normal operation, Ethereum has capitalized on the moment, breaking through a significant resistance level and setting its sights on the $3,000 mark.