Layer-1 blockchain Solana surpassed rival Ethereum in weekly total fees for the first time in the week of July 22, clocking approximately $25 million in revenue versus Ethereum’s $21 million , according to Blockworks Research. The purported “Ethereum killer” has been on a tear in 2024, aided by an ongoing frenzy of celebrity coin trading hosted largely on Solana-based memecoin platforms such as pump.fun and Moonshot. Memecoins now exceed $50 billion in total market capitalization. Related:Pump.fun flips Ethereum in 24-hour revenue generation — DefiLlama Total value locked (TVL) on Solana has s…