ZetaChain token holders are voting on a proposal to shut down the network's layer-1 blockchain and migrate ZETA tokens to Solana at a 1:1 ratio on December 9. This move will end token inflation as minting authority will be permanently revoked. The migration requires no action from holders, and about 55 million unallocated validator reward tokens will continue to be burned monthly under the current schedule. Additionally, ZetaLabs, an AI app using ZETA as its core token, is set to launch on the same day. Investor tokens will be fully unlocked by January 1, 2027, with a pledge not to sell newly unlocked tokens that year. Voting closes November 7 on ZetaHub.
ZetaChain token holders are voting on a proposal to migrate ZETA tokens to Solana and end token inflation. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 06, 2026 09:31 WIB: out of 50 major cryptocurrencies, 4 rose and 45 fell today. Notable movers include EOS at Rp12.649 with an 8.13% increase and a typical hold time of 87 days, ENJ at Rp418 down 7.10% with 100% sell order activity, and XRP at Rp22.027 down 7.09% with 66% sell order activity and a typical hold time of 73 days.
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