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Cardano Ignites: Hoskinson Teases Midnight Network Milestone as Bulls Target Mega Surge

2025-08-07 19:50:43

Cardano Ignites: Hoskinson Teases Midnight Network Milestone as Bulls Target Mega Surge

Main Idea

Cardano's Midnight airdrop sees massive participation with 250 million NIGHT tokens redeemed in 24 hours, while ADA's price shows potential for a rebound towards $0.90.

Key Points

1. Over 250 million Midnight (NIGHT) tokens were redeemed across 11,000 wallets within 24 hours.

2. The Midnight airdrop is part of a 24 billion NIGHT token rollout, with 12 billion reserved for Cardano holders.

3. Approximately 37 million wallets qualified for the airdrop, indicating high demand.

4. Market analyst Lingrid suggests ADA is rebounding and could target the $0.86–0.90 zone.

5. Cardano was trading at $0.7271 at the time of writing, with potential long-term growth due to anticipated ADA ETF demand.

Description

Cardano founder Charles Hoskinson has hailed a record-breaking surge in engagement with Midnight Network’s Glacier airdrop.

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