Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Cardano Founder Teases Major Midnight Airdrop Update

Cardano Founder Teases Major Midnight Airdrop Update

coinfomania2025/08/28 07:30
By: coinfomania
ETH-6.87%ADA-8.30%

Charles Hoskinson has promised of significant announcement of Midnight airdrop. His mysterious tweet has prompted the speculation within the Cardano community. Midnight is an IOHK sidechain aimed at privacy. It will allow confidential and secure transactions on Cardano. A tease of an airdrop last year (2021) caused an increase of ADA by 15 percent. Due to the historical trends, when the same news is circulated frequently, price growth may occur. This news could be linked to the future $NIGHT token claim. The plummet will aim at non-staking Cardano wallets.

Airdrop Information and Market Effect

The airdrop sees it entail a lock-up in the tokens of $NIGHT. The phased release may diminish volatility by an amount of 30 per cent. A 2023 study proves this way of distribution. The strategy is according to the present-day trends of crypto airdrops in August 2025. There are other large projects inducing token distributions as well. This new wave of airdrops might increase the number of users and their application of blockchain. The privacy given by Midnight is a layer on the Cardano ecosystem. The upgrade may attract more users in search of confidential operations.

The Privacy Edge of Midnight Over Ethereum

Midnight employs the strategy of zero-knowledge certificate to guard data in transactions. This technology conceals transactional and user information and keeps the verification. There is a level of privacy in Ethereum through layer-two. Nevertheless, Midnight is a privacy-first application. This can possibly give Cardano an advantage in confidential DeFi markets. This would make it attractive, to the institutions on the lookout of security as well as legality.

Social and Ecological Development Opportunity

This may be accompanied by more wallet activity that will boost the use of Cardano network. Interest in developments can increase because privacy-centred applications are becoming popular. The impetus has the potential to grow the DeFi and enterprise of Cardano. The expansion of the ecosystem would also increase the demands of ADA and price.

The effect of the update relies on the adoption levels. Midnight might be using privacy as a feature that is prone to regulatory change. There are also chances that competing blockchains publish powerful privacy mechanisms. The problem of price volatility does not disappear with phased releases. The team of the Cardano will have to strike a balance between compliance and innovation.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitget x BAY Carnival: Grab a share of 4,000,000 BAY!
Bitget Announcement2025/11/03 10:00

Trending news

More
1
KITEUSDT now launched for futures trading and trading bots
2
Bitget x BAY Carnival: Grab a share of 4,000,000 BAY!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$107,257.39
-2.70%
Ethereum
Ethereum
ETH
$3,652.09
-5.38%
Tether USDt
Tether USDt
USDT
$1.0000
+0.01%
XRP
XRP
XRP
$2.36
-5.31%
BNB
BNB
BNB
$1,001
-7.17%
Solana
Solana
SOL
$168.9
-8.36%
USDC
USDC
USDC
$1
-0.00%
TRON
TRON
TRX
$0.2837
-4.12%
Dogecoin
Dogecoin
DOGE
$0.1701
-7.49%
Cardano
Cardano
ADA
$0.5632
-5.99%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter