ZetaChain to sunset L1 blockchain and migrate ZETA to Solana
The ZetaChain community voted to shut down its native blockchain and migrate the ZETA token to the Solana network, with 99.4% of participants approving the proposal. ZETA will be reissued as an SPL token at a 1:1 ratio, maintaining its total supply. While the network and staking remain operational during the transition, the team will shift its focus to the AI application Anuma, which will also move to Solana. A specific date for the network shutdown will be determined following coordination with exchanges.
Summaries are written by AI from the original article. Not investment advice.