$🚨 ZETA JUST PASSED A MAJOR GOVERNANCE MILESTONE
ZetaChain holders have approved Proposal 68 with 99.4% support and 58% participation, clearing the required 40% quorum. The plan is to wind down ZetaChain’s own Layer 1 and migrate native ZETA to Solana as a 1:1 SPL token.
The market reacted fast. ZETA jumped roughly 58% today, with daily volume rising sharply from about $1M to over $6M on the reported market data. Price reached around $0.0700, showing how strongly traders are reacting to the news.
My take: the important part is not just the migration. ZetaChain is shifting resources toward Anuma and private AI on Solana, bringing its 300K+ user base into that ecosystem.
But this is not the final migration yet. A second governance proposal still needs to define the snapshot, claims, exchange coordination and shutdown timeline.
For me, the next key signal is whether ZETA can hold the breakout area after this huge volume spike.
Do you think Solana can give ZETA stronger long term utility?
$ZETA $SOL $BNB
#ZETA #Solana #ZetaChain
#ZetaChainVotesToMigrateZETAToSolana
ZetaChain holders have approved Proposal 68 with 99.4% support and 58% participation, clearing the required 40% quorum. The plan is to wind down ZetaChain’s own Layer 1 and migrate native ZETA to Solana as a 1:1 SPL token.
The market reacted fast. ZETA jumped roughly 58% today, with daily volume rising sharply from about $1M to over $6M on the reported market data. Price reached around $0.0700, showing how strongly traders are reacting to the news.
My take: the important part is not just the migration. ZetaChain is shifting resources toward Anuma and private AI on Solana, bringing its 300K+ user base into that ecosystem.
But this is not the final migration yet. A second governance proposal still needs to define the snapshot, claims, exchange coordination and shutdown timeline.
For me, the next key signal is whether ZETA can hold the breakout area after this huge volume spike.
Do you think Solana can give ZETA stronger long term utility?
$ZETA $SOL $BNB
#ZETA #Solana #ZetaChain
#ZetaChainVotesToMigrateZETAToSolana
