Catenaa, Thursday, September 24, 2026- ZetaChain token holders have overwhelmingly approved a plan to wind down the project’s Layer 1 blockchain and migrate its native ZETA token to Solana.
Proposal 68 passed Sunday with about 99.4% of votes in favor.
Participation reached about 58% of eligible stake, exceeding the 40% quorum required for the proposal to pass.
The decision begins a staged migration rather than an immediate shutdown.
ZetaChain will continue operating while contributors prepare a second governance proposal setting the balance snapshot, migration process and final block at which the Layer 1 will stop.
ZETA staking also continues in the meantime.
Under the approved plan, native ZETA will be converted one-for-one into a Solana-native SPL token carrying the same ticker.
The project said total supply will remain unchanged and existing vesting schedules will continue.
ZETA already issued on Ethereum and BNB Chain is outside the scope of the current proposal.
The migration marks a major change for a project originally built around operating its own interoperability-focused blockchain.
ZetaChain raised $27 million in 2023 from investors including Blockchain.com and Jane Street Capital.
Its mainnet launched in January 2024 with the aim of allowing applications to work across networks such as Bitcoin and Ethereum without users having to manage separate blockchain environments.
The project has since shifted increasingly toward artificial intelligence.
Its developers launched Anuma in February as a private, multi-model AI application built around encrypted user-controlled memory that can persist across different models.
ZetaChain says Anuma has attracted more than 300,000 users and processed more than 1 million requests across 35 AI models. Those figures are self-reported.
ZETA is used within Anuma through a credit system in which users can lock tokens and receive credits to pay for AI services.
Developers said maintaining a separate Cosmos SDK-based blockchain was becoming difficult to justify as the project concentrated on the AI application layer.
Operating the network requires validators to coordinate software upgrades and security patches, while vulnerabilities affecting upstream Cosmos components can create additional maintenance demands.
The project cited an August security issue affecting six Cosmos EVM chains as an example of that burden, although ZetaChain itself was not among the affected networks.
The team said Solana already offers much of the infrastructure needed for its next phase, including fast settlement, wallets and emerging systems for AI agents and payments.
The migration will not begin until exchanges confirm how they will handle the token swap.
A second vote will then determine the timetable and instructions for holders, including how connected-chain assets can be withdrawn before the Layer 1 closes.
