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ZetaChain Sets Dec. 9 Shutdown and ZETA Migration to Solana

ZetaChain holders are moving toward a Dec. 9 blockchain shutdown and migration of ZETA to Solana after voting overwhelmingly in favor of the wind-down.

ZetaChain holders are moving toward a Dec. 9 blockchain shutdown and migration of ZETA to Solana after voting overwhelmingly in favor of the wind-down. Solana (SOL) is trading at ₹8,440 ($89.28), down 0.3% since this brief published. This is an original Token Times brief based on reporting by Unchained, with live market data added, as of Fri, 06 Nov 2026 06:00:01 UTC.

Why it matters

The shutdown would end activity on ZetaChain’s own blockchain and shift ZETA to Solana, making the claim process and removal of wrapped or liquid-staked balances important for holders.

Key takeaways
  • Dec. 9 is the targeted ZetaChain shutdown and ZETA migration date
  • Holders approved the wind-down in September
  • A follow-up vote has cleared quorum with nearly unanimous support
  • Wrapped or liquid-staked ZETA must be withdrawn before the snapshot
The story so far · 4 briefs
  1. ZetaChain seeks approval for Solana migration and L1 shutdown
  2. ZetaChain governance could approve Solana migration and sunset its L1
  3. ZetaChain Sets Dec. 9 Shutdown and ZETA Migration to Solana — this brief
  4. ZetaChain Governance Weighs Proposed Network Shutdown

Unchained reports that ZetaChain holders approved the project’s wind-down in September. A subsequent vote covering the shutdown date and claim rules has now cleared quorum, with nearly every vote recorded so far in favor. The target is to switch off ZetaChain’s blockchain on Dec. 9 and move ZETA to Solana.

The migration requires holders with wrapped or liquid-staked ZETA to withdraw those positions before the snapshot. Unchained did not provide the snapshot date in its summary, so the Dec. 9 deadline should not be treated as the withdrawal deadline itself. The follow-up vote still needs to finalize the wind-down parameters before the transition can proceed as planned.

Only Unchained supplied coverage of the development, and its summary does not include the amount of ZETA involved in the migration or the number of participants in the votes. It nevertheless indicates that the decision has advanced through two stages: the September approval of the wind-down and a nearly unanimous follow-up vote that has cleared quorum.

Market conditions are broadly weak during the transition. Total crypto market capitalization stands at $2.61 trillion, Bitcoin is down 5.79% over 24 hours, and the Fear & Greed index is at 28, indicating fear. Solana, the destination network, trades at $89.59, down 6.65% over 24 hours and 5.91% over seven days, while its market capitalization is $52.88 billion. The next items to monitor are finalization of the vote, completion of the shutdown preparations, and holder compliance with the pre-snapshot withdrawal requirement.

Market reaction since this brief Live

Since this brief published about 8 hours ago, Solana (SOL) has moved from ₹8,469.57$89.59 to ₹8,440.27$89.28 — -0.35%.

$89.24$89.34$89.44$89.53$89.63 published · $89.59 now · $89.28 (-0.35%) Nov 5 21:57 UTC Nov 6 06:00 UTC
BeforeSince publishPublished · ₹8,469.57$89.59

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.

What this means in rupee

At today's peer-to-peer rate, 1 SOL ≈ ₹9,069.51 (about $89.28), down 6.7% over 24 hours. The rupee itself trades about 7.5% 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.

#7
₹8,440.27$89.28 ▼ 6.74%
-0.35% since this brief published
7d -7.79%MCap ₹4.98TFull SOL data →
The market when this published · November 5, 2026
Total market cap₹247.03T
Bitcoin 24h-5.79%
Ethereum 24h-7.77%
BTC dominance58.3%
Fear & Greed28 · Fear

ZetaChain Sets Dec. 9 Shutdown and ZETA Migration to Solana — questions & answers

When is ZetaChain targeting its blockchain shutdown?

Unchained reports a Dec. 9 target for switching off the ZetaChain blockchain and moving ZETA to Solana.

What approvals are required for the ZetaChain wind-down?

Holders approved the wind-down in September, and a follow-up vote on the date and claim rules has cleared quorum with nearly all votes so far in favor.

What must holders do before the ZETA snapshot?

Holders must remove wrapped or liquid-staked ZETA before the snapshot. The supplied summary does not specify the snapshot date.

How much is 1 Solana worth in rupee today?

About ₹9,069.51 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $89.28. 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 down 0.35% since this brief first published — trading at ₹8,440 ($89.28) now versus ₹8,470 ($89.59) 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 Unchained. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 6, 2026 ⛓ Timestamped at Bitcoin block #974,758 sha256:1e1e57429616b29f
Based on reporting by Unchained — this is an original Token Times summary with live market data, not the original article.Unchained · Nov 5 21:57 ↗

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.