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ZetaChain Holders Approve Move From Cosmos-Based L1 to Solana

ZetaChain holders approved a plan to wind down the project’s Cosmos-based layer 1 and migrate ZETA to Solana, according to Cointelegraph, placing the project among crypto networks moving away from standalone chains.

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ZetaChain Holders Approve Move From Cosmos-Based L1 to Solana

ZetaChain holders have approved a plan to wind down the project’s Cosmos-based layer 1 and migrate the ZETA token to Solana, according to Cointelegraph. The decision places ZetaChain among a group of crypto projects moving away from operating standalone blockchain networks. Under the approved plan, ZETA’s network presence will shift from ZetaChain’s own layer 1 to Solana. The change is expected to be relevant to holders of ZETA as the project transitions its token infrastructure. It also links ZetaChain to the broader movement toward using established blockchain ecosystems rather than maintaining an independent chain. The source did not provide further details on the timing or implementation steps for the wind-down and migration. Market participants tracking ZETA, SOL, Cosmos and related ecosystem assets may monitor subsequent announcements for information about the transition.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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