ZETA Holders Vote to Migrate to Solana — the Native L1 Winds Down
The ZetaChain community has approved migrating ZETA as a native SPL token to Solana; its own layer-1 is to be wound down. Snapshot and swap details await a second vote — and exactly that window is where the scams lurk.
What Happened
Per the September 21 vote result, the ZetaChain community has approved migrating the ZETA token to Solana: ZETA is to arrive 1:1 as a native SPL token, with the project’s own layer-1 wound down. The future focus, per the project, is AnumaAI, with roughly 300,000 users by its own count. It is the latest example of a recurring pattern: a standalone layer-1 project gives up its chain and moves into the Solana ecosystem as a token.
Important for the timeline: the direction is decided, the details are not. Snapshot timing, swap mechanics, and deadlines hang on a second, still-pending vote — there are no fixed dates.
The Scam Window
Exactly this transition phase is, as experience shows, the most dangerous: two chains run in parallel, an official new mint does not yet exist — ideal conditions for fake “ZETA on Solana” tokens, fraudulent migration websites, and supposed airdrop claims. Until the project names official swap paths and the official mint: treat every prompt to “migrate,” “claim,” or connect a wallet with suspicion. The ground rules are in Solana Wallet Security.
What an orderly retreat from a chain can look like was recently shown by Phantom’s Sui exit — with clear cutoff dates and official paths. The ZETA migration will be measured against that too.
What to Watch
- The outcome of the second vote: snapshot, swap mechanics, deadlines
- The naming of the official SPL mint — before that, every “ZETA” token on Solana is fake
- How long the old L1 keeps running after the swap
Sources
- CoinMarketCal via TradingView — Report on the vote
- SOLANA·HUB knowledge: Solana Wallet Security