ZetaChain holders voted 99.4% to shut down the project’s own blockchain and reissue ZETA as a Solana token at a 1:1 rate. According to official foundation guidance, the transition is designed so that most on-chain and centralized exchange users will not need to take immediate manual action. However, an official shutdown date has not yet been established; a secondary governance proposal will determine the final schedule once custodial exchanges confirm their technical swap integrations.
Most ZETA Holders Should Not Need to Act
ZetaChain’s transition framework outlines that standard users holding native tokens on participating centralized exchanges will experience automated account conversions, contingent upon each platform supporting the swap infrastructure. Core contributors are currently coordinating with custodial exchanges to establish deposit, withdrawal, and conversion timelines before locking in the snapshot schedule.
ZETA held on Ethereum or BNB Chain is not included in the ZETA token migration. Decimal precision also falls from 18 places to 9, so fractions smaller than 0.000000001 ZETA cannot be represented and will be rounded down. Vesting schedules keep their original dates.
How the Community Voted: Proposal 68 Results and Turnout
Governance Proposal 68 concluded voting at 14:58 UTC (10:58 a.m. ET) on Sunday, 20 September 2026. The proposal garnered 99.4% approval, while opposing and abstaining votes registered at 0.3% each. Staked validator participation reached 58%, comfortably exceeding the network’s 40% quorum threshold required to formalize governance mandates.
Under the approved ZetaChain Solana migration, ZETA will be reissued as a native SPL token on Solana while retaining its original ticker and fixed aggregate cap of 2.1 billion tokens, ensuring that no supply dilution or newly minted units are introduced.
Read more: Solana (SOL) Weekly Price Analysis
No ZetaChain Shutdown Date Until a Second Vote
The finalized ZetaChain shutdown remains unscheduled until a subsequent governance ballot is introduced. A secondary proposal, authored by core development contributors, will specify the precise snapshot block height, the official Layer 1 network halt block, the self-custodial claims portal, external cross-chain gateway withdrawal windows, and participating exchange swap periods.
During this interim period, the ZetaChain Layer 1 network continues normal block production, and staking validators continue to earn standard network rewards. Foundations leads confirmed on 17 September that technical frameworks for staking mechanics and yield distribution on Solana are still being finalized prior to the Stage 2 vote.
ZetaChain Deprecates Independent L1 to Center on Anuma AI
ZetaChain is redirecting resources to Anuma, a private AI app launched in February, which it says has more than 300,000 users and over 1 million requests across 35 AI models. ZETA holders can lock tokens for credits spent on AI usage in the app.
The proposal describes the Cosmos SDK-based chain as overhead, since every patch must be coordinated across dozens of validators. ZetaChain’s cross-chain gateway lost about $334,000 in an April exploit, and the project later acknowledged it had dismissed an earlier bug report on the same flaw. Harmony and BounceBit have also moved to retire their standalone chains this year.
ZETA Rallies 51% on High Turnover
ZETA rose 50.79% to $0.05954 after the vote, climbing from $0.03931 to a peak near $0.069 before settling. Volume jumped 3,467% to $184.4 million, equal to 191% of its $95.69 million market capitalization, so the token turned over almost twice in a day.
Circulating supply stands at 1.6 billion of 2.1 billion, and the remaining 500 million tokens stay on their original vesting schedule through the migration. The second governance vote and exchange confirmations are the next dates ZETA holders should watch.
Read more: ZetaChain (ZETA) Price Prediction
FAQs
1. Do ZETA holders need to do anything for the Solana migration?
Most holders using supported centralized exchanges or holding standard native balances will not need to take immediate steps. Custodial platforms are expected to automate the swap once terms are finalized. However, holders of ZETA on Ethereum or BNB Chain are excluded from this migration and retain their existing assets.
2. When will ZetaChain shut down?
No official shutdown date has been set. Proposal 68 served as an authorization vote; an upcoming second proposal will establish the snapshot block, network halt block, claim portal, and bridge withdrawal schedules once centralized exchanges confirm their technical swap procedures.
3. What changes about the ZETA token?
ZETA will convert 1:1 into a native Solana SPL token under the same ticker and total supply of 2.1 billion. Decimal precision will decrease from 18 places to 9, meaning quantities below 0.000000001 ZETA will be rounded down. Existing linear vesting schedules remain unchanged.
4. Why is ZetaChain moving to Solana?
ZetaChain is moving to Solana to focus on Anuma, its private AI app, instead of maintaining its own blockchain. Anuma has more than 300,000 users and over 1 million requests across 35 AI models, according to ZetaChain.
