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ZetaChain votes to migrate native ZETA token to Solana and begin Layer 1 network shutdown

Protocol Fundamentals
21 Sep 2026
Crypto Daily
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Neutral
ZetaChain votes to migrate native ZETA token to Solana and begin Layer 1 network shutdown

ZetaChain Proposal 68 passed with 99.4% approval, authorizing the migration of native ZETA tokens from ZetaChain's Layer 1 to Solana as SPL tokens. The vote also initiates the wind-down of ZetaChain’s Layer 1 network but does not finalize the migration process or shutdown timeline. A second vote will determine the technical details and schedule for these changes. This move follows ZetaChain’s strategic shift away from cross-chain interoperability towards focusing on its private AI project, Anuma.

The ZetaChain vote on migration and wind-down offers context for cryptocurrency market activity. For readers following crypto broadly, here is Pluang's market snapshot as of Sep 21, 2026 16:11 WIB: Among 50 major cryptocurrencies, 44 rose and 5 fell. EGLD gained 14.98% to Rp74.366 with a typical hold time of 84 days and 77% buy orders, contrasting with GRT which rose 13.51% to Rp412 but had 83% sell orders and a longer hold time of 98 days. BAL also increased 11.14% to Rp16.297 with a hold time of 85 days.

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