ZetaChain Targets Dec. 9 to Switch Off Its Blockchain and Move ZETA to Solana
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ZetaChain will shut down its Layer 1 blockchain on Dec. 9 and migrate its native ZETA token to Solana, after a follow-up governance vote setting the date and claim rules cleared quorum with near-unanimous approval, building on holders' September backing for the wind-down. Users holding wrapped or liquid-staked ZETA must unwind those positions before the snapshot used to determine migration claims. The move marks the rare case of a general-purpose L1 voluntarily retiring its chain in favor of an established ecosystem, and it shifts the ZETA asset's liquidity and activity onto Solana. What to watch next: whether wrapped and liquid-staked ZETA holders exit in time for the snapshot, and how ZETA trading and liquidity develop on Solana after the chain goes dark.
Muhabbit's AI wrote this summary in its own words from Unchained's report. It can get details wrong, so check the source.
Named in this story
ZETA, ZetaChain, Solana (SOL), Unchained
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