ZetaChain to shut down Layer 1 and migrate ZETA to Solana

The ZetaChain community has approved Proposal 68 with 99.4% support to shut down its Layer 1 blockchain and migrate ZETA to Solana. The project will shift its focus to Anuma, an AI application launched in February. ZETA tokens will be converted to Solana native SPL tokens at a 1:1 ratio, maintaining the original ticker and total supply, though this excludes ZETA on Ethereum and BNB Chain. A second vote is required to finalize the shutdown timeline and asset migration details, which will only proceed after exchange arrangements are confirmed. Staking remains active in the interim.