ZetaChain Votes to Shut Down L1 and Migrate ZETA to Solana for AI Pivot

ZetaChain token holders have voted 99.4% in favor of Proposal 68 to shut down the project's self-built Layer 1 blockchain and migrate ZETA tokens to Solana. The project, which raised $27 million three years ago, is shifting its focus toward its AI application, Anuma. ZETA tokens will be converted to Solana SPL tokens at a 1:1 ratio, though details regarding the migration timeline and staking rewards are pending future governance votes.