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Cryptocurrency News Articles

Midnight Airdrop Listing Details: Launch Date, Eligibility & More to Know

Apr 11, 2025 at 05:24 pm

The Midnight airdrop has been in discussion for quite some time, and now Cardano founder Charles Hoskinson has brought updates on the subject.

The Midnight airdrop has been a topic of discussion for some time, and now Cardano founder Charles Hoskinson has provided an update on the subject.

Speaking at Paris Blockchain Week 2025, Hoskinson revealed that the airdrop will be distributed among 37 million users across various blockchain networks.

Let’s discuss the key details around the airdrop, NIGHT token, and its potential price at launch.

Midnight Network is a privacy-focused blockchain developed by the same team that worked on Cardano. The project is working on providing a way to handle users’ information in a way that keeps it sensitive, personal, or commercial.

More importantly, to do this while maintaining regulatory compliance. Interestingly, they are launching their own crypto with one of the biggest crypto airdrops in 2025.

“Midnight is the single best economic event for the Cardano ecosystem in its history. It’s is going to airdrop to more than 100 million people and build bridges with all the blockchain networks,” said Cardano founder in an old X post.

The official announcement reveals that Midnight users are automatically eligible for the airdrop. More importantly, the Cardano founder has disclosed that the BTC, ETH, ADA, XRP, SOL, and other top crypto token holders are also eligible for 37M airdrop.

However, the listing date, airdrop allocation, and other crucial details are not publicly available.

Interestingly, the blockchain project will be launching two crypto tokens. The first one is NIGHT, which is the native or governance token of the Midnight ecosystem and has a limited supply. Investors anticipate a bullish price performance of NIGHT with Cardano’s connection.

The second is DUST, a non-transferrable token. DUST will be used within the privacy layer for shielded transactions

What Will be the NIGHT Token Price at Launch?

The key details around the Midnight token launch and airdrop remain missing, including the NIGHT token price. As it is the primary token, investors anticipate a bullish beginning.

However, without the circulating supply, tokenomics, and other details, it is hard to conclude the potential launch price. Investors must await further details on the launch to determine a price.

Frequently Asked Questions (FAQs)

1. What's Midnight Network's connection with Cardano?

Midnight Network is a privacy-focused blockchain being developed by the same team that built Cardano. It is a sidechain of the Cardano blockchain and will use some of the same technologies, such as the HYDRA parallel processing units.

Moreover, the two projects are interconnected, and there will be a way to transfer value and tokens between them.

2. How many users will received Midnight airdrop?

The Midnight airdrop will be distributed to 37 million users across various blockchain networks.

This includes users of the top crypto tokens like BTC, ETH, ADA, XRP, and SOL.

3. What will be NIGHT token price at launch?

The launch date, token allocation details, and price at listing are yet to be disclosed.

However, we know that Midnight is launching two tokens: NIGHT, which is the main governance token with a limited supply, and DUST, a non-transferrable token used for the privacy layer.

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Other articles published on Apr 19, 2025