TL;DR
- ZetaChain is shutting down remaining cross-chain services on June 30 across Bitcoin, Ethereum, Solana, Arbitrum, Base, BSC, Polygon, Avalanche, Sui and TON under its latest published wind-down schedule.
- ZRC20 withdrawals will be paused indefinitely after the deadline, while ZETA trades near $0.036, close to its recent all-time low.
- The project is shifting toward Anuma, an AI memory application, after a GatewayEVM exploit drained about $334,000 from internal team wallets.
ZetaChain is shutting down its remaining cross-chain services on June 30, abandoning the interoperability mission that originally defined the project and redirecting attention toward AI memory infrastructure. The wind-down affects bridge support across Bitcoin, Ethereum, Solana, Arbitrum, Base, BSC, Polygon, Avalanche, Sui and TON. Deposits were disabled on June 1, and users received a 30-day withdrawal window. For users, the timing is immediate and operationally unforgiving now. The unsettling turn is that a cross-chain network is closing its bridges to build AI memory, leaving ZRC20 holders racing against an operational deadline.
After the deadline, withdrawals for all ZRC20 tokens will be paused indefinitely, with no reopening timeline announced. ZetaChain will no longer observe or relay transactions across the supported networks, effectively ending the cross-chain function that made the protocol recognizable. The chain still shows 11.9 million unique addresses and 241 million transactions, but market data cited in the report places ZETA near $0.036, close to an all-time low of $0.032 set four days earlier. In practical terms, usage history now collides with a shrinking token narrative for holders watching utility change abruptly.
Anuma Replaces Interoperability as the Core Bet
The new focus is Anuma, a consumer AI application launched publicly on April 27. ZetaChain is positioning it as infrastructure for portable, user-owned memory, letting encrypted conversation history and behavioral preferences move across AI models such as ChatGPT, Claude and Gemini. The project says more than 150,000 users are interacting with AI products in its ecosystem. That is a striking reset: ZETA is being recast as an AI infrastructure token, with staking expected to unlock access to multiple models and support memory, identity, permissions, payments and agents across platforms in the new design.
The pivot follows a difficult security chapter. In late April, an attacker exploited ZetaChain’s GatewayEVM contract and drained about $334,000 across Ethereum, Arbitrum, Base and BSC transactions. ZetaChain said only internal team wallets were affected and user funds were not lost. Still, the vulnerability had reportedly been flagged through the bug bounty program and dismissed as expected behavior, drawing backlash. The project later paused cross-chain mainnet transactions, disabled arbitrary gateway calls and replaced unlimited approvals with exact-amount approvals. For now, the AI pivot must overcome both execution risk and trust damage under sharper community scrutiny.
