ZetaChain token holders voted to shut down its own Cosmos L1 and move the entire ZETA ecosystem to Solana. This isn’t the first time, and it won’t be the last—independent chains’ accounting keeps getting harder to manage: validators have to be paid for, cross-chain bridges must be maintained, and liquidity still has to be created by yourself. In the end, people realize it’s better to just move to Solana and become an application there. What’s interesting is that on the same day, the CoinGecko Hotness Ranking showed SUI up 22.3% over 24 hours and NEAR up 22.7%. Both are L1s in the top 30 by market cap, which suggests the market’s interest in “chains” itself is concentrating on the leading ones. I’ve been watching this trend for a while. This time, ZetaChain’s vote is essentially a stamp of approval on the “exit wave.” As for those smaller L1s still trying to hang on, they can probably only watch Solana’s trading volume while figuring out how many more months they can keep burning.$ZETA $SOL