ZetaChain to Migrate ZETA Token to Solana Following Community Vote
Written with artificial intelligence.
ZetaChain's token holders voted overwhelmingly, with 99.4% approval, to shut down its layer 1 blockchain and transfer the ZETA token to Solana. The move aims to improve operational efficiency and security, with further details on the migration to be outlined in an upcoming proposal.
Migration Approval
ZetaChain's community has overwhelmingly supported a plan to transition from its layer 1 blockchain to Solana, with Proposal 68 passing on September 20 by 99.4% of votes from 58% of eligible stakers. Although the vote sets the direction for the migration, a follow-up proposal will be necessary to detail the implementation specifics.
Token Conversion Details
The ZETA token will be converted at a 1:1 ratio into a new SPL token on Solana, maintaining its ticker and total supply. Existing vesting schedules will continue without interruptions. However, there are some technical differences: the original ZETA operates on 18 decimal points, while the SPL version will be limited to 9 decimal points, affecting only very small balances that will be rounded down. Tokens issued on Ethereum and BNB Chain will remain unaffected by this vote.
Next Steps
A subsequent proposal will outline the operational aspects of the migration, including the snapshot block height, claim procedures, and coordination with exchanges before the layer 1 shutdown. No timeline has been established, as the team awaits confirmations from exchanges. Meanwhile, ZetaChain's layer 1 will continue its operations as usual. Stakeholders are encouraged to remain vigilant against potential phishing sites and fake tokens during this transition.
Reasons for Moving to Solana
ZetaChain's decision to migrate is driven by several factors: 1) the significant maintenance demands of operating a Cosmos SDK network; 2) security concerns regarding potential vulnerabilities as AI tools evolve; and 3) a strategic focus on Anuma, ZetaChain's AI application, which has attracted over 301,000 users since its February 2026 launch. Moving to Solana offers deeper liquidity and a more active user base, enhancing the utility of ZETA within Anuma's ecosystem.
The migration marks a significant shift for ZetaChain, which had positioned itself as an omnichain layer 1 network. This evolution reflects broader trends among smaller layer 1 networks struggling with validator support and security, as they consider leveraging established ecosystems like Solana to improve their offerings.