ZetaChain Community Votes to Exit L1 and Migrate ZETA to Solana

ZetaChain’s token community has voted to wind down its own layer-1 blockchain and migrate its native ZETA token to Solana. The change was approved via governance proposal 68, with 99.4% of votes supporting the plan and participation at 58%, surpassing the network’s 40% quorum requirement. While the vote clears the way for the transition, ZetaChain said it will not immediately trigger a full shutdown or migration. A second proposal is expected to lay out the practical details—timing, asset withdrawal windows for cross-chain holdings, token snapshot mechanics, and the conversion process duration. Key takeaways Governance proposal 68 passed with 99.4% approval and 58% participation, clearing the first step toward ZetaChain’s layer-1 shutdown. ZETA will move to Solana as an SPL token via a 1:1 conversion, keeping the same ticker and total supply. The initial vote does not start the shutdown immediately; a follow-up proposal will specify withdrawal and conversion windows. Validators are expected to remain operational during the transition, with staking rewards continuing. ZetaChain cites a strategic shift toward its Anuma AI application and encrypted “Private Memory Layer,” reducing the need for a standalone Cosmos SDK chain. Governance approval clears the path to a Solana token migration According to the terms outlined in proposal 68, ZETA will become an SPL token on Solana through a 1:1 conversion. The migration is designed to preserve continuity for tokenholders: the ticker remains ZETA and the total supply stays unchanged. The proposal also clarifies what comes next. It does not itself dictate an immediate cessation of ZetaChain’s layer-1 operations or the start of token migration. Instead, core contributors will bring a second proposal that covers operational specifics, including how and when tokenholders can withdraw assets related to other blockchains, the snapshot block height used to determine entitlements, the shutdown timetable, and the claim and exchange conversion period. ZetaChain also indicated that validators will continue running, and staking rewards will continue through the transition. That matters for holders who rely on staking income, because it suggests there is intended continuity rather than an abrupt end to network participation. Why ZetaChain is winding down: focus shifts to Anuma and private AI memory ZetaChain framed the shutdown as a strategic realignment. The project said that maintaining its own layer-1—built on the Cosmos SDK—no longer fits its current priority around Anuma, its private-focused artificial intelligence application. In the project’s view, moving the ZETA token to Solana will let it redirect resources away from blockchain maintenance and toward Anuma and the “Private Memory Layer.” The Private Memory Layer is positioned as a way for users to carry encrypted context across AI models, which would be difficult to support without dedicated product and infrastructure investment.