ZetaChain votes to shut down Layer 1 network and move ZETA to Solana
ZetaChain governance approved Proposal 68, which sets out a plan to wind down the project’s Layer 1 and move ZETA to Solana as an SPL token at a 1:1 ratio. The vote reached 58% participation and 99.4% support, above the stated quorum, while a later governance step is still needed for shutdown and swap details. The team has also said it plans to focus on Anuma, its private AI app.
What this rests on
What it means
Each sentence links inside to the piece that supports it.
Holders and users tied to ZETA now face a governance-approved path toward a Solana-based token structure, while the current Layer 1 remains active for now. That means the change is visible to the project community today, but the shutdown and swap mechanics are not yet finalized.
In practice, the vote has established the direction of travel: ZETA would move to a Solana SPL token on a 1:1 basis, rather than remain native only to the Layer 1. What has not changed yet is the live status of the existing network, which is still operating until the later proposal is handled.
Still open is the exact process for winding down the Layer 1 and carrying out the migration, since those details require another governance proposal. It is also not settled how the focus on Anuma will interact with the token move, beyond the stated plan to prioritize the private AI app.
Market reaction
We track SOL, but we only have 0 price points in that window. The series is stored every half hour, so newer events will have it. Computing it from two points would not be a reaction, it would be a coincidence.
How the story was built
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
Has this happened before?
Nothing comparable yet.