ZetaChain’s governance vote on migrating its native ZETA token to Solana was heading toward approval on September 20, with 99.4% of participating votes supporting Proposal 68 ahead of the ballot’s 14:58 UTC close. The live governance tally on ZetaHub showed 58% participation, clearing the required 40% quorum, while 0.3% voted against and 0.3% abstained.
Proposal 68 would establish Solana as ZETA’s canonical network after migration. ZETA would become a native SPL token through a one-for-one conversion, retaining its existing ticker and total token supply. No new tokens would be created. Each holder would receive an equivalent balance on Solana, including locked and staked positions and Anuma credits. One technical adjustment involves decimals: native ZETA currently uses 18 decimal places, while the proposed Solana token would use nine, with amounts below supported precision rounded down. Existing vesting schedules would continue through their original dates.
ZETA already issued on Ethereum and BNB Chain is outside the scope of the current governance proposal. ZetaChain also ruled out wrapping the Solana asset against tokens locked permanently on its own chain, arguing that a bridge would depend on a network it plans to retire. The passing vote does not itself move ZETA or halt the Layer 1. Instead, it authorizes core contributors to prepare a second proposal containing the actual migration mechanism, snapshot height, claim process, exchange arrangements and L1 halt schedule.
The migration reaches beyond the token. ZetaChain’s private artificial intelligence application Anuma, which the project says has passed 300,000 users, and its Private Memory Layer would move to Solana alongside ZETA. Users can lock ZETA inside Anuma to receive credits spent on AI usage. ZetaChain framed the shift around cost, saying running its own Cosmos-based Layer 1 no longer helps it build private AI, and pointed to Solana’s sub-second, sub-cent settlement for agent-scale activity.
ZetaChain cited the maintenance burden inherited from Cosmos SDK and related components as part of its case for leaving the L1. The proposal refers to an August 25 Cosmos EVM security response, although ZetaChain was not identified as one of the six exploited networks. On the market side, ZETA traded around $0.0342 on September 17 when the proposal was announced, before closing near $0.0400 on September 19, roughly a 17% increase across the two dates.
Until the second governance vote passes, ZetaChain’s existing Layer 1, staking system, validator set and native ZETA balances remain in operation. After a completed migration and L1 shutdown, Solana validators would secure the network hosting native ZETA, and ZetaChain would no longer maintain its own independent consensus set for the token.
