Close Menu
    Crypto News Flash
    • News
      • Bitcoin News
      • Ripple (XRP) News
      • Success Stories
      • Shiba Inu News
      • Dogecoin News
      • Cardano News
      • VeChain News
      • IOTA News
    • Marketcap
    • Buy Crypto
      • Buy Bitcoin
      • Buy Litecoin
      • See all guides
    • Wallets
      • Bitcoin Wallet
      • Ethereum Wallet
      • Dogecoin Wallet
      • Aptos wallet
      • See all guides
    • Advertise
    • Crypto News Flash is Hiring!
    • English
    Crypto News Flash
    You are at:Startseite » Cardano Founder Confirms Midnight Airdrop Will Reach 37 Million, Including XRP Holders
    News

    Cardano Founder Confirms Midnight Airdrop Will Reach 37 Million, Including XRP Holders

    Bhushan AkolkarBy Bhushan Akolkar10. April 20250
    John Kiguru By John Kiguru 10. April 2025
    3 Mins Read
    • The Cardano airdrop will distribute NIGHT and DUST tokens to users across multiple blockchains, including BTC, ETH, ADA, XRP, SOL, AVAX, POL, and Binance Smart Chain.
    • Midnight aims to advance the “fourth generation” of blockchain by prioritizing secure, private, and compliant data interactions.

    Cardano’s founder, Charles Hoskinson, announced the ecosystem’s privacy-centered sidechain airdrop, Midnight, could reach 37 million users, including XRP holders. This announcement, unveiled during his keynote speech for Paris Blockchain Week 2025 on the second day, has caught massive attention.

    Cardano Founder Explains Midnight Airdrop Dynamics

    He explained Midnight’s mission and its strategy to drive cross-chain engagement through the forthcoming “Glacier Drop.” It refers to a multi-token airdrop aimed at promoting adoption and privacy within decentralized networks, as highlighted in our previous report. 

    Moreover, Hoskinson pointed out that the airdrop will be spread among 37 million people across various blockchains. This includes users of Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Ripple’s XRP, Solana (SOL), Avalanche (AVAX), Polygon (POL) and Binance Smart Chain. In addition, XRP’s inclusion also highlights the “bromance” between the Ripple and Cardano ecosystems.

    It is developing Midnight, the sidechain focused on creating secure, private and compliant data interactions powered by cryptographic technology. The airdrop will give out two tokens, NIGHT, the core governance token of the ecosystem, and DUST, a privacy-enabling utility token used in shielded transactions.

    Furthermore, he hailed the airdrop as part of the project’s expansion. For further context, NIGHT is transferable and it is linked to the stake in governance. On the other hand, DUST is not transferable and works inside the privacy layer of the network.

    Hoskinson Sheds Light On Next Steps

    A larger effort to seize hold of the ‘fourth generation’ of blockchain innovation has led to the distribution effort that comprises part of it. For context, Bitcoin set the foundation for the first wave, which was all about decentralization. There were programmable contracts with Ethereum, then an emphasis on interoperability and scalability. Hence, Cardano’s next phase is entering when privacy is not a feature, it’s a necessity.

    Hoskinson says this next stage will be driven by networks’ capacity to keep user confidentiality on the but in compliance. This chain abstraction is one that Midnight aims to accomplish with the given concept. The design allows users to talk with the Midnight protocol using their own assets without having to convert them. No matter whether one has BTC, ADA, ETH or XRP, they will be able to interact with Midnight.

    It also mentioned the more widespread cooperation between the Cardano and XRP communities, as noted earlier. And this synergy, which just became more apparent, means XRP’s eligibility for the airdrop. Moreover, in a recent promotional clip for tokenization, Ripple even featured the Cardano logo. This signals a shift toward mutual cooperation between the two networks.

    On the other hand, the development of Midnight continues to accelerate. A recent upgrade to the team’s testnet was unveiled. They outlined the improvements included for better user experience. “More efficient nodes, simpler setup, a faster proving system, and more,” they shared via X.

    New resources, such as the release overview page and the compatibility matrix, are also introduced on the platform to help builders. On this sentiment, Midnight has also gotten a partnership with OpenZeppelin to develop a DeFi infrastructure centered around privacy and security.


    Recommended for you:
    • Buy Cardano Guide
    • Cardano Wallet Tutorial
    • Check 24-hour Cardano Price
    • More Cardano News
    • What is Cardano?
    Cardano Cardano blockchain XRP
    This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.
    Previous ArticleJason Calacanis Talks Crypto, Startups, and Wild Ideas
    Next Article Ethereum Developer Virgil Griffith Out of Prison After 63 Months—Crypto World Reacts
    Bhushan Akolkar
    • Website
    • X (Twitter)
    • LinkedIn

    Bhushan is a FinTech enthusiast and possesses a strong aptitude for understanding financial markets. His interest in economics and finance has drawn his attention to the emerging Blockchain Technology and Cryptocurrency markets. He holds a Bachelor of Technology in Electrical, Electronics, and Communications Engineering. He is continually engaged in a learning process, keeping himself motivated by sharing his acquired knowledge. In his free time, he enjoys reading thriller fiction novels and occasionally explores his culinary skills. Business Email: [email protected] Phone: +49 160 92211628

    Related Posts

    Bitcoin Hits $906B in Realized Cap as Investors Keep Buying

    Lighthouse Brings Filecoin Power to SingularityNET Devs

    Vitalik Proposes EIP-4444 and Stateless Nodes to Scale Ethereum Responsibly

    Bitcoin Hits $906B in Realized Cap as Investors Keep Buying
    19. May 2025
    Lighthouse Brings Filecoin Power to SingularityNET Devs
    19. May 2025
    Vitalik Proposes EIP-4444 and Stateless Nodes to Scale Ethereum Responsibly
    19. May 2025
    Adventure Layer Launches as First Gaming L2 on Berachain
    19. May 2025
    ABOUT US AND ADDITIONAL INFO
    Crypto News FlashCrypto News Flash is your number one source for the latest news and information from the world of cryptocurrencies.

    About us
    Contact us
    Editorial Guidelines
    Terms of Use
    Legals
    Data protection policy
    Cookie Policy

    *= Affiliate-Link

    Charts
    • Bitcoin Price
    • Ethereum Price
    • XRP Price
    • Litecoin Price
    • Bitcoin Cash Price
    • EOS Price
    • Cardano Price
    • Tron Price
    • IOTA Price
    • Monero Price
    Buy Cryptocurrencies
    • Buy Bitcoin
    • Buy Ethereum
    • Buy XRP
    • Buy Litecoin
    • Buy Bitcoin Cash
    • Buy EOS
    • Buy Cardano
    • Buy Tron
    • Buy IOTA
    • Buy Monero
    Wallets
    • Bitcoin Wallet
    • Ethereum Wallet
    • XRP Wallet
    • Litecoin Wallet
    • Bitcoin Cash Wallet
    • EOS Wallet
    • Cardano Wallet
    • Tron Wallet
    • IOTA Wallet
    • Monero Wallet
    Risk warning and disclaimer: The contents of this website are intended solely for the entertainment and information of readers and do not provide investment advice or a recommendation within the context of the Securities Trading Act. The content of this website solely reflects the subjective and personal opinion of the authors. Readers are requested to form their own opinions on the contents of this website and to seek professional and independent advice before making concrete investment decisions. The information found on this site does not contain any information or messages, but is intended solely for information and personal use. None of the information shown constitutes an offer to buy or sell futures contracts, securities, options, CFDs, other derivatives or cryptocurrencies. Any opinions provided, including e-mails, live chat, SMS or other forms of communication across social media networks do not constitute a suitable basis for an investment decision. You alone bear the risk for your investment decisions.

    Type above and press Enter to search. Press Esc to cancel.