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ZetaChain sets Dec. 9 shutdown and ZETA migration to Solana

ZetaChain holders are moving toward a Dec. 9 network shutdown and transfer of ZETA to Solana after September approval of the wind-down.

ZetaChain holders are moving toward a Dec. 9 network shutdown and transfer of ZETA to Solana after September approval of the wind-down. Solana (SOL) is trading at $90.15. This is an original TLT brief based on reporting by Unchained, with live market data added, as of Fri, 06 Nov 2026 02:45:02 UTC.

Why it matters

The shutdown will end activity on ZetaChain and redirect ZETA to Solana, requiring token holders to review the claim process and remove wrapped or liquid-staked balances before the snapshot.

Key takeaways
  • ZetaChain plans to shut down its blockchain on Dec. 9.
  • Holders approved the wind-down in September.
  • A follow-up vote on the shutdown date and claim rules reached quorum.
  • Wrapped and liquid-staked ZETA must be withdrawn before the snapshot.
The story so far · 2 briefs
  1. Backpack Securities Sets New Monthly Volume Record on Solana
  2. ZetaChain sets Dec. 9 shutdown and ZETA migration to Solana — this brief

ZetaChain is targeting Dec. 9 to shut down its blockchain and move ZETA onto Solana, according to Unchained. The proposed timeline follows a September vote in which holders approved winding down the network, while a subsequent vote established the shutdown date and rules for claims.

The follow-up vote has met the quorum threshold, with nearly all votes cast so far in favor. Unchained reports that token holders must also remove wrapped or liquid-staked ZETA before the snapshot used for the distribution process. No additional claim details were provided in the coverage.

The development represents a transition away from ZetaChain’s own blockchain rather than a change to the broader cross-chain network’s protocol. ZETA holders who remain eligible for the distribution will need to follow the finalized claim rules, while holders using wrapped or liquid-staked versions must act before the snapshot to avoid having those balances excluded from the process.

Market conditions are broadly negative during the announcement. Solana’s SOL price stands at $90.19, down 5.96% over 24 hours and 4.80% over seven days, with a $53.25 billion market capitalization. The total crypto market is $2.62 trillion, Bitcoin is down 5.64% over 24 hours, and the Fear & Greed index is 28, indicating fear. The next operational points to watch are the final claim vote, the snapshot, and completion of the Dec. 9 shutdown.

Market reaction since this brief Live

Since this brief published about 5 hours ago, Solana (SOL) has moved from $90.19 to $90.15 — -0.04%.

$90.14$90.16$90.17$90.18$90.20 published · $90.19 now · $90.15 (-0.04%) Nov 5 21:57 UTC Nov 6 02:45 UTC
BeforeSince publishPublished · $90.19

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 TLT'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 naira

At today's peer-to-peer rate, 1 SOL ≈ ₦124,626.06 (about $90.15), down 6.5% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian 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
$90.15 ▼ 6.47%
7d -4.80%MCap $53.21BFull SOL data →
The market when this published · November 5, 2026
Total market cap$2.62T
Bitcoin 24h-5.64%
Ethereum 24h-7.75%
BTC dominance58.3%
Fear & Greed28 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 6, 2026.

SectorCross-chain bridges$12.01Bacross 28 protocolsDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

ZetaChain sets Dec. 9 shutdown and ZETA migration to Solana — questions & answers

When is ZetaChain planning to shut down?

ZetaChain is targeting Dec. 9 for its blockchain shutdown and the transfer of ZETA to Solana.

What do ZETA holders need to do before the snapshot?

Holders must remove wrapped or liquid-staked ZETA before the snapshot so those balances are not left outside the distribution process.

Has the shutdown date and claim process been approved?

The follow-up vote reached quorum with nearly every vote in favor so far, following September approval of the wind-down.

How much is 1 Solana worth in naira today?

About ₦124,626.06 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $90.15. The naira price moves with both SOL's US-dollar price and the USDT/NGN rate; use our Solana in naira page for any amount.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from Unchained. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT'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 #974,747 sha256:b7ea750c763413fe
Based on reporting by Unchained — this is an original TLT summary with live market data, not the original article.Unchained · Nov 5 21:57 ↗

Original summary — not financial advice. This is an original TLT 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.