Cardano Founder Hints at Midnight Airdrop Launch, Sparks Fresh Excitement

Cardano Founder Charles Hoskinson has once again stirred the crypto world with a cryptic message. His recent post on X hinted at a new phase in the long-awaited Midnight airdrop project

Many believe the claim portal for Midnight’s native token NIGHT could open on August 5, ahead of its official announcement. This has triggered fresh excitement among Cardano, XRP, and Bitcoin holders, who stand to gain the most from the upcoming distribution.

Hoskinson’s Hint Fuels Midnight Airdrop Speculation

Although there has been no direct confirmation, Hoskinson’s brief post quickly caught attention across the crypto space. The post has led many to believe that a new stage of the airdrop process is about to begin

Many believe it points to the opening of the Midnight airdrop claim portal. Some also suspect that other updates related to the Glacier Drop snapshot may be announced soon.

Charles Hoskinson had earlier said that more details would be announced during the Rare Evo conference, taking place from August 6 to 10. He also assured the community that the airdrop would still take place in the second half of 2025, as planned.

Cardano Midnight Glacier Drop Sets Stage for Massive Multi-Chain Airdrop

Hoskinson previously confirmed the completion of the Midnight Glacier Drop snapshot. This marks a major step toward the airdrop of both NIGHT and DUST tokens. The Midnight Foundation shared details showing that over 37 million users across eight different blockchains will be eligible to receive tokens.

Holders of Bitcoin, XRP, and Ethereum will receive tokens based on the amount they held at the time of the snapshot. The value will be based on a fixed exchange rate. XRP holders are reportedly among those set to receive the largest share of rewards

Over 2.2 million wallets holding more than 62 billion XRP will receive 1.2 billion worth of NIGHT tokens. Meanwhile, Cardano (ADA) users have the highest number of wallets eligible for the airdrop

This cross-chain approach has drawn a lot of attention from many in the crypto community. It highlights the growing focus on multi-chain integration and privacy in Web3.

Hoskinson Responds to Critics

Early reports suggest that the NIGHT token may be worth about $0.41. If more people use and adopt the token, it could become one of the top 20 crypto assets. Many believe this project could support the growth of privacy tools in Web3 and help build stronger links between different blockchain systems.

Meanwhile, some critics have accused Hoskinson of delaying Cardano’s progress. In response, he pointed to the strong interest Midnight has already received, including attention from financial institutions

Hoskinson made it clear that Midnight is a core part of Cardano’s future. He emphasized that both projects share a long-term vision and will grow together. This initiative is part of Hoskinson’s broader plan to make Cardano more competitive in the blockchain industry.

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