Cardano Founder Teases Major Midnight Airdrop Update

 Cardano Founder Charles Hoskinson made a cryptic tweet suggesting the launch of the Midnight venture airdrop initiative. This adopted the latest launch of its airdrop price for XRP, BTC, and different eligible token holders.

Cardano Founder’s Tweet Fuels Airdrop Speculation

 In a cryptic submit on X, Charles Hoskinson hinted at a possible new stage within the Midnight airdrop marketing campaign. The submit immediately led to a flurry of pleasure. Holders of Cardano and XRP have been particularly optimistic as they stand to achieve essentially the most from the NIGHT token distribution.

🙂 tomorrow youngsters https://t.co/8qluVaAwg6 pic.twitter.com/wQw7uyQvHD

— Charles Hoskinson (@IOHK_Charles) August 5, 2025

Although it hasn’t been confirmed, there’s rising conjecture that the Cardano Founder’s message alludes to the August fifth launch of the Midnight token declare portal. This may additionally imply different main updates tied to the Glacier Drop snapshot.

However,  the Cardano Founder had initially shared that its official launch timeline will be revealed in the course of the Rare Evo convention, set to run from August 6–10. Despite the delay, Hoskinson insists that the airdrop will nonetheless happen within the latter half of 2025.

Hoskinson had verified that the Midnight Glacier Drop snapshot was completed. Both NIGHT and DUST tokens have been supposed to be distributed through the airdrop. About 37 million eligible customers worldwide will obtain the distribution, which is able to happen throughout eight main blockchains.

Notably, details about the distribution of the airdrop had been made public by the Midnight Foundation. More than 2.2 million XRP-holding wallets, containing over 62 billion XRP on the time of the snapshot, are eligible to obtain NIGHT tokens at a conversion price of 1 XRP to 0.04173 NIGHT.

With greater than one million wallets eligible for the airdrop, Cardano is on the high of the allocation rankings. With 696.97 NIGHT per BTC and 50.73 NIGHT per ETH, holders of Bitcoin and Ethereum can even obtain sizeable payouts.

Airdrop Could Trigger Major Cross-Chain Milestone

The cross-chain implications of the upcoming airdrop have drawn curiosity from the cryptocurrency neighborhood. Half of the 24 billion NIGHT tokens will go to ADA holders, whereas the remaining portion will go to XRP, BTC, ETH, and different cryptocurrencies.

With preliminary estimates inserting its worth at $0.41, NIGHT has the potential to rank among the many high 20 tokens if demand and adoption proceed. According to specialists, this could possibly be a turning level for Web3’s multi-chain integration and privateness adoption.

The Cardano founder had earlier responded to criticism, suggesting he’s stalling Cardano’s progress. Hoskinson pointed to Midnight’s rising momentum. He highlighted potential adoptions together with Wall Street’s interest in the privacy project and reiterated that he stays totally dedicated to each Cardano and Midnight’s long-term imaginative and prescient.

The Cardano Founder emphasised that Midnight’s robust pre-launch traction is proof of its significance inside the broader Cardano ecosystem, pushing again in opposition to doubters with confidence. For now, traders are speculating whether or not the token launch may arrive sooner than the anticipated debut at Rare Evo.

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Michael Adeleke

Michael Adeleke is a passionate crypto journalist identified for breaking down advanced blockchain ideas and market developments into clear, participating narratives. He focuses on delivering well timed information and sharp market evaluation that retains crypto fans knowledgeable and forward of the curve. With an engineering background and a level from the University of Ibadan, Michael brings analytical depth and precision to each piece he writes.