ZETA Rises 67.2% in 24 Hours After Solana Migration Proposal Passes
BIBIBI
AT A GLANCE
ZETA gained 67.2% over 24 hours and briefly reached 0.07 USD, while the community has approved a proposal to migrate to Solana.
Article
ZETA surged nearly 68% over the past 24 hours, briefly reaching 0.07 USD
BlockBeats news, September 21: According to HTX market data, ZETA briefly reached 0.07 USD and is currently quoted at 0.064 USD, with a 24-hour gain of 67.2%.
BlockBeats previously reported that the ZetaChain community yesterday passed the “Migrate ZETA to Solana” proposal with 99.4% approval. The proposal includes voting to approve the migration of ZETA to Solana, retaining the same token and code at a 1:1 ratio, and gradually shutting down its L1 after holders and assets on the relevant chains have completed migration.
Original link: https://m.theblockbeats.info/flash/368179
Key points
01
According to HTX market data, ZETA briefly reached 0.07 USD and is currently quoted at 0.064 USD.
02
ZETA gained 67.2% over 24 hours.
03
According to previous reports, the ZetaChain community passed the “Migrate ZETA to Solana” proposal with 99.4% approval.
04
The proposal includes retaining the same token and code at a 1:1 ratio.
05
The proposal states that its L1 will be gradually shut down after holders and assets on the relevant chains complete migration.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This news involves both a price increase and a migration proposal: ZETA rose sharply for a short period; the community-approved proposal plans to migrate ZETA to Solana and gradually shut down the original L1 after the relevant migration is completed.
Why it matters to readers
The price changed substantially, while the proposal concerns the network on which ZETA operates, token migration, and subsequent arrangements for the original L1.
Beginners should distinguish between market data and the migration proposal: the former describes short-term price changes, while the latter describes a community-approved plan and does not mean the article confirms that the migration has already been completed.
Risks and unknowns
The article does not state whether there is a causal relationship between the price increase and the migration proposal.
The article does not specify the migration timeline, operational process, or current completion progress.
The market data and voting result come only from the sources described in the article, with no independent verification information provided.
The article does not confirm how the short-term price will subsequently change.
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24-hour gain
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