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ZetaChain Votes to Shut L1, Move ZETA to Solana
ZetaChain token holders approved plans to shut down the project's Layer 1 blockchain, a base network that runs its own transactions, and move ZETA to Solana as the team shifts focus toward its Anuma AI application.
Published:
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What happened
ZetaChain token holders approved plans to shut down the project's Layer 1 blockchain, a base network that runs its own transactions, and move ZETA to Solana as the team shifts focus toward its Anuma AI application.
Confirmed
Global impact / market context
Moving ZETA to Solana means the token would rely on another network, so its value and use depend on Solana. Ending the Layer 1 cuts the cost of running a blockchain, freeing resources for the Anuma AI application.
Analyst inference
This vote shows a project abandoning its own blockchain for an existing network, which may reduce the supply of networks competing for users and direct attention toward applications rather than base chains.
Analyst inference
What to watch
- The approved plan winds down ZetaChain's Layer 1 blockchain and moves ZETA to Solana, so holders should track when that shutdown and token move actually begin. Confirmed
- ZetaChain's team proposes to shift its focus toward the Anuma AI application, so watch whether that product launches and draws users after the network change. Proposed
- Because ZETA would live on Solana, watch how its price and trading activity respond once the move happens, since the token's home network changes. Analyst inference
Affected assets
- SOL — Solana
- ZETA — ZetaChain
- L1 — GenesisL1