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ZETA moves to Solana after ZetaChain holders back ending its Layer 1 by 99.4%

Published Source: CryptoPolitanRead original

Crypto Insight Summary: ZetaChain holders backed Proposal 68 with 99.4%, turning ZETA into a Solana SPL token, but a second vote must still set the shutdown block. Crypto Insight Analysis: Direction: Bullish SOL / Bearish ZETA Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: ZETA migration to Solana boosts SOL ecosystem, but ZETA's Layer 1 shutdown may cause short-term uncertainty.

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ZETA moves to Solana after ZetaChain holders back ending its Layer 1 by 99.4% — Crypto Insight