Skip to content

Charles Hoskinson hints at a significant late-night update for the upcoming airdrop

Cardano's founder, Charles Hoskinson, announces an update for the Midnight sidechain airdrop. A surge of 15% in ADA occurred following a similar tease in 2021. Find out more specifics.

Hoskinson Hints at Significant Midnight Airdrop Announcement
Hoskinson Hints at Significant Midnight Airdrop Announcement

Charles Hoskinson hints at a significant late-night update for the upcoming airdrop

Cardano's Midnight Upgrade: A New Dawn for Privacy-Focused Blockchain

In a significant move, the Cardano blockchain is set to welcome a new independent Layer 1 partner chain called Midnight. This privacy-focused upgrade aims to revolutionise Cardano's ecosystem by enabling privacy-preserving applications such as DeFi, identity verification, and healthcare data management [1][3].

The heart of Midnight lies in its zero-knowledge smart contracts with selective disclosure capabilities, a feature designed to balance privacy and regulatory compliance [1][3]. As part of this upgrade, the Midnight team is launching the NIGHT tokens, which will be distributed via a multi-phase airdrop to eligible holders across eight major blockchains, with 50% of the total NIGHT supply allocated to ADA holders [2][3][4][5].

The airdrop, known as the "Glacier Drop," began in August 2025. This distribution method aims to balance the distribution and stability of prices, preventing speculative selling and encouraging community engagement [2][3][4][5]. The positive market response to Midnight has generated significant bullish sentiment around ADA, with market perspectives signaling a midterm recovery and potential for growth toward all-time highs [1][2].

Midnight represents a pivotal step in Cardano’s privacy roadmap, offering privacy-focused smart contract functionality that was previously limited or unavailable on Cardano. This broadens Cardano’s capabilities beyond transparency-focused blockchain use cases to include selective disclosure and private computation, appealing to regulated sectors requiring privacy while integrating with Cardano’s broader multi-chain vision [1][3].

In summary, Midnight is a privacy-focused Layer 1 partner chain launching on Cardano, deploying NIGHT tokens through a multi-phase airdrop to multiple blockchain holders, led by ADA holders. It aims to drive DeFi growth, privacy-preserving applications, and cross-chain integration. The market response has been positive, with bullish price signals for ADA linked to Midnight’s potential. Midnight is a core element in Cardano’s privacy strategy, enabling zero-knowledge proofs and selective disclosure for real-world asset tokenization and regulated use cases [1][2][3][4][5].

The Midnight sidechain is a key part of Cardano's privacy roadmap, setting it apart from solutions like Tornado Cash bridges and zk-rollups on Ethereum. Cardano stands out among conventional smart contract platforms with added privacy layers, potentially positioning it for a resurgence in the competitive Web3 market. The Midnight launch is expected to help Cardano recover its relevance in the blockchain world due to competition, and the Midnight airdrop may contribute to Cardano's rebirth in the blockchain world.

References:

[1] Cardano Foundation. (2025). Midnight Upgrade: A New Era for Cardano. [Online] Available at: https://cardano.org/midnight

[2] Input Output Global. (2025). Midnight Airdrop Details. [Online] Available at: https://iohk.io/en/blog/posts/2025/08/01/midnight-airdrop-details

[3] CoinDesk. (2025). Cardano's Midnight Upgrade: What You Need to Know. [Online] Available at: https://www.coindesk.com/info/cardanos-midnight-upgrade-what-you-need-to-know/

[4] Binance Academy. (2025). Midnight: Cardano's Privacy-Focused Layer 1 Partner Chain. [Online] Available at: https://academy.binance.com/en/articles/midnight-cardanos-privacy-focused-layer-1-partner-chain

[5] Cointelegraph. (2025). Cardano's Midnight Airdrop: Here's What You Need to Know. [Online] Available at: https://cointelegraph.com/news/cardanos-midnight-airdrop-heres-what-you-need-to-know

  1. The Midnight sidechain, a privacy-focused Layer 1 partner on Cardano, is set to welcome NIGHT tokens, distributed via a multi-phase airdrop, with 50% of the total NIGHT supply allocated to ADA holders.
  2. With zero-knowledge smart contracts and selective disclosure capabilities, Midnight aims to revolutionize Cardano's ecosystem, enabling privacy-preserving applications such as DeFi, identity verification, and healthcare data management.
  3. Midnight's launch on Cardano represents a pivotal step in Cardano’s privacy roadmap, broadening its capabilities beyond transparency-focused blockchain use cases to include selective disclosure and private computation.
  4. The positive market response to Midnight has generated significant bullish sentiment around ADA, with market perspectives signaling a midterm recovery and potential for growth toward all-time highs.
  5. As part of Cardano’s privacy strategy, Midnight enables zero-knowledge proofs and selective disclosure for real-world asset tokenization and regulated use cases, setting it apart from solutions like Tornado Cash bridges and zk-rollups on Ethereum.
  6. The Midnight airdrop may contribute to Cardano's rebirth in the blockchain world, helping Cardano recover its relevance in the competitive Web3 market and positioning it as a potentially resurging smart contract platform with added privacy layers.

Read also:

    Latest