Cardano’s privacy-focused blockchain Midnight has introduced its anticipated NIGHT token airdrop charges for XRP holders. With over 33 million wallets eligible throughout eight main blockchain ecosystems, the “Glacier Drop” is about to change into one of many broadest token distributions.
Midnight Confirms NIGHT Allocation Rates for XRP and Others
In a newly released blog, Midnight revealed how NIGHT tokens shall be distributed. Notably, greater than 2.2 million eligible addresses contained a mixed 62.85 billion XRP at snapshot time. They will obtain NIGHT at a conversion price of 1 XRP for 0.04173 NIGHT.
By comparability, Cardano addresses have the very best allocation, masking over 1 million eligible wallets. Bitcoin holders get 696.97 NIGHT per BTC, whereas Ethereum addresses see 1 ETH equal to 50.73 NIGHT. Other supported networks embrace Solana, BNB Chain, Avalanche, and Basic Attention Token.
The Glacier Drop’s full distribution displays Midnight’s cross-chain ambition. Out of the whole provide:
- XRP addresses collectively obtain round 2.62 billion NIGHT (10.93%).
- Ethereum wallets share roughly 2.3 billion NIGHT (9.61%).
- Solana holders obtain about 1.42 billion NIGHT (5.95%).
- BNB Chain will get just below 800 million NIGHT (3.32%).
- The relaxation is then shared between Avalanche (0.18%) and BAT (0.013%) holders.
Midnight additional defined that members can estimate their NIGHT allocation by checking their steadiness on the snapshot date and making use of these charges. A devoted eligibility checker will launch on the official Midnight Claim Portal when claiming opens.
Wall Street Interest and Midnight’s Privacy Edge
In a latest interview, Hoskinson shared that “Wall Street loves Midnight”, thanks to its give attention to privacy-preserving transactions. Midnight makes use of zero-knowledge cryptography to allow confidential dApps and transactions, constructed utilizing its Compact language built-in with TypeScript.
The inclusion of XRP holders displays Midnight’s broader technique of cross-chain cooperation. At Consensus 2025, Cardano founder Charles Hoskinson confirmed XRP wallets can be key recipients, describing it as a part of the “largest airdrop ever” when it comes to person attain.
Excitement is already constructing inside the neighborhood. Cardano advocate Chris O highlighted that 12 billion NIGHT, half the Glacier Drop’s provide, is put aside for ADA holders, probably benefiting round a million wallets. He predicted that financial exercise on Cardano might quickly “go parabolic” as Midnight and different companion chains come on-line.
#Cardano fam, thrilling information in regards to the @MidnightNtwrk glacier airdrop.
For $ADA holders 50% provide, 12 billion $NIGHT has been allotted to approx 1 Million Cardano wallets that meet the eligibility.
The conversion price is 1 ADA = 0.34 Night.
This is one in every of many future Cardano… https://t.co/t8siZ9LjGt pic.twitter.com/nGrerOKCiH
— Chris O 🌎 Cardano DRep (@TheOCcryptobro) August 1, 2025
With over 33 million wallets eligible and detailed distribution charges now public, Midnight’s Glacier Drop might strengthen Cardano’s footprint throughout the broader blockchain panorama. The declare portal is but to go reside, as many buyers anticipate the token’s groundbreaking launch.
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