ZetaChain Votes to Migrate to Solana Amid AI Focus
- Proposal 68 passed with approximately 99.44% support, totaling 263.65 million ZETA votes in favor.
- The migration will convert ZETA from a standalone blockchain to a Solana-native SPL token on a 1:1 basis.
- ZetaChain’s shift comes as it pivots towards developing Anuma, a private AI application that has gained over 300,000 users.
- Solana is chosen for its transaction speed of about 400 milliseconds, low fees, and substantial liquidity.
- The next governance proposal will depend on confirmations from centralized exchanges regarding the swap process.
ZetaChain’s decision to retire its own blockchain reflects a strategic pivot towards enhancing its AI capabilities through Anuma and leveraging Solana’s infrastructure for improved performance and scalability.
With over 263 million ZETA voting in favor of the migration, this transition aims to position ZETA as an access token for AI products rather than just a network asset.(Source)
