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'A Ton of New People' to Enter Cardano Soon, Charles Hoskinson Expects

2025-08-09 10:11:33

'A Ton of New People' to Enter Cardano Soon, Charles Hoskinson Expects

Main Idea

Charles Hoskinson highlights a surge in new users joining Cardano through the Glacier drop of NIGHT tokens, coinciding with a 4% increase in ADA's price.

Key Points

1. Charles Hoskinson announced that the Glacier drop is attracting a significant number of new users to Cardano, with 35,602 claims for NIGHT tokens.

2. A total of 739,516,626.95 NIGHT tokens (3.08% of the supply) have been distributed through the Glacier drop.

3. ADA's price surged by 3.89% in 24 hours, rising from $0.7812 to $0.8190, amid broader market growth triggered by U.S. regulatory changes.

4. Hoskinson previously noted 11,000 redemptions for 250,000,000 NIGHT tokens, expressing enthusiasm about the progress.

5. The price increase in ADA is part of a broader 13.61% surge following Bitcoin's rise after U.S. corporate retirement accounts were allowed to invest in cryptocurrencies.

Description

Cardano founder believes that large flow of new users will be coming to Cardano soon

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