ZetaChain governance could approve Solana migration and sunset its L1
A ZetaChain governance proposal would move native ZETA to Solana and permanently stop the Layer 1 chain on December 9, 2026.
A ZetaChain governance proposal would move native ZETA to Solana and permanently stop the Layer 1 chain on December 9, 2026. Solana (SOL) is trading at ₹8,533 ($90.18), up 0.3% since this brief published. This is an original Token Times brief based on reporting by The Cryptonomist, with live market data added, as of Thu, 05 Nov 2026 17:00:01 UTC.
The proposal could fundamentally change ZetaChain’s infrastructure and token placement, shifting native ZETA onto Solana while ending the chain that currently issues it.
- ZetaChain is proposing a permanent Layer 1 halt on December 9, 2026.
- Native ZETA would move to Solana if governance approves the proposal.
- The vote closes November 7, 2026, at 16:12.
- SOL stands at $89.95, down 7.05% over 24 hours.
- ZetaChain seeks approval for Solana migration and L1 shutdown
- ZetaChain governance could approve Solana migration and sunset its L1 — this brief
ZetaChain has put forward a governance proposal to migrate native ZETA to 
Solana and permanently halt its Layer 1 blockchain on December 9, 2026. Approval is required through a governance vote that closes November 7, 2026, at 16:12, so the migration and shutdown are proposed outcomes rather than completed actions.
The Cryptonomist reports that ZetaLabs, described as a private AI platform, is scheduled to launch alongside the migration. Its inclusion connects the infrastructure proposal with a broader platform initiative, although the supplied coverage provides no further detail about the launch or its relationship to the token move.
Only The Cryptonomist covered the proposal, so there is no independent outlet corroboration of the dates, migration plan or shutdown. The available report also gives no separate live price or market capitalization for ZETA, meaning the proposal’s broader token-market effect cannot yet be quantified from the supplied data.
Market conditions are subdued as the vote approaches: Solana trades at $89.95, down 7.05% over 24 hours and 11.49% over seven days, while its market capitalization is $53.11 billion. Total crypto market capitalization stands at $2.62T, 
Bitcoin is down 5.45% over 24 hours, and the Fear & Greed index is 50, indicating a neutral reading. The next concrete checkpoint is the governance result before the proposed December 9 implementation date.
Since this brief published about 2 hours ago, Solana (SOL) has moved from ₹8,511.08$89.95 to ₹8,532.85$90.18 — +0.26%.
The chart plots SOL's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 SOL ≈ ₹9,407.58 (about $90.18), down 6.5% over 24 hours. The rupee itself trades about 10.3% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
ZetaChain governance could approve Solana migration and suns — questions & answers
What is ZetaChain’s proposed migration?
The proposal would move native ZETA to Solana and permanently halt ZetaChain’s Layer 1 blockchain on December 9, 2026.
When does the governance vote close?
The vote closes November 7, 2026, at 16:12. The migration remains contingent on approval.
What is Solana’s current market position?
SOL is priced at $89.95, down 7.05% over 24 hours and 11.49% over seven days, with a $53.11 billion market capitalization.
How much is 1 Solana worth in rupee today?
About ₹9,407.58 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $90.18. The rupee price moves with both SOL's US-dollar price and the USDT/INR rate; use our Solana in rupee page for any amount.
Has Solana's price moved since this brief was published?
SOL is up 0.26% since this brief first published — trading at ₹8,533 ($90.18) now versus ₹8,511 ($89.95) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Cryptonomist. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.