ZetaChain Community Approves Proposal to Migrate ZETA Token to Solana

ZetaChain's community vote on migrating its ZETA token to Solana is nearing approval, with 99.4% of participating votes supporting Proposal 68 as of September 20.

The proposal, published on September 17, would make ZETA a native SPL token on Solana and eventually wind down ZetaChain's own Layer 1 network.

Under the proposed migration, ZETA would convert to Solana at a 1:1 ratio while keeping its ticker and total supply unchanged. Existing vesting schedules would continue on their original dates, and each holder would receive an equivalent balance on Solana, including locked and staked positions and Anuma credits.

The vote is part of a 72-hour window that began on September 17 and closes at 14:58 UTC on September 20. A passing result does not itself move ZETA or halt the network; it only authorizes core contributors to prepare a second proposal containing the migration mechanism, snapshot height, exchange arrangements, and L1 halt schedule.