
ZetaChain announced it will launch its privacy-focused AI app, ZetaLabs, on December 9. Alongside this, it proposes moving its ZETA token to the Solana blockchain, where the token would become native and serve as the app's core currency. This migration requires governance approval, with voting open until November 7 on ZetaHub. If approved, ZetaChain's Layer 1 will cease operations around December 9, and ZETA tokens will convert to Solana tokens at a 1:1 ratio without requiring action from holders. The proposal also includes burning about 55 million unallocated validator rewards and ending further token inflation by 2027. Investor and contributor tokens will be fully unlocked by January 1, 2027, with a pledge that the foundation will not sell its unlocked tokens.
As of Nov 06, 2026 10:21 WIB, ZETA (ZetaChain) is trading at Rp629 on Pluang, down 9.49% over the past day. The token's market cap stands at Rp1,07 trillion with a 24-hour trading volume of Rp98,57 million. Notably, all Pluang order activity for ZETA is currently sell orders, reflecting a cautious stance among traders as the governance vote on the token's proposed move to Solana nears its November 7 deadline.