Cardano Midnight Airdrop: 24 Billion NIGHT Tokens to Be Distributed, Here's How to Claim
Midnight Launches One of the Largest Airdrops in 2025
Midnight Network — a new privacy-centric sidechain built on the Cardano ecosystem — is distributing 24 billion NIGHT tokens as part of its ambitious "Glacier Drop." Unlike most airdrops targeting a single community, this one spans multiple blockchains including Bitcoin ( BTC ), Ethereum ( ETH ), Ripple ( XRP ), Solana ( SOL ), Avalanche ( AVAX ), BNB Chain ( BNB ), Brave ( BAT ), and Cardano ( ADA ).
A snapshot was taken on June 11, 2025, and anyone holding at least $100 worth of crypto on any of the supported chains at that time is eligible to claim NIGHT tokens.
Night Airdrop Details: How It Works
The total allocation of 24 billion NIGHT tokens will be split as follows:
- 50% (12 billion) reserved for Cardano (ADA) holders
- 20% for Bitcoin (BTC) holders
- 30% shared between Ethereum, XRP, Solana, Avalanche, BNB Chain, and BAT
Users who hold funds on more than one blockchain may be eligible for multiple allocations. The tokens will not be unlocked all at once. Instead, they follow a vesting schedule:
- 25% unlocked every 90 days
- Full unlock reached after 360 days
The airdropped tokens are initially locked via a smart contract and will gradually become tradable in phases. Importantly, users have a limited window of 60 days to claim their tokens, starting from July through August 2025. Unclaimed NIGHT tokens will later be transferred to the Scavenger Mine, where users can earn them through computational mining.
What Is the Midnight Network?
Midnight is more than just a new Cardano sidechain — it aims to revolutionize blockchain privacy. Using Zero-Knowledge Proofs (ZKPs), Midnight enables confidential smart contracts, meaning users can interact on-chain while maintaining full control over what data is public.
This functionality opens up real-world use cases, such as:
- Medical records storage with selective disclosure
- Private financial transactions
- DeFi applications with confidentiality features
Midnight differs from traditional privacy coins like Monero or Zcash by allowing selective transparency, so users decide what information to share and with whom.
NIGHT Token Utility: Governance, DeFi & Beyond
The NIGHT token plays a crucial role within the Midnight ecosystem:
- It powers governance, allowing holders to vote on proposals and network changes
- It enables users to mint a second native token called DUST, used as gas for executing smart contracts and transactions (similar to how ETH or ADA function on their respective blockchains)
Thanks to Midnight’s interoperability ambitions, NIGHT is set to become a key asset in cross-chain privacy DeFi, especially with upcoming integrations for Ethereum, Solana, Avalanche, and XRP.
XRP Integration: A DeFi Bridge Without Moving Coins
A standout feature is Midnight’s DeFi bridge to the XRP Ledger. While XRP lacks native smart contract functionality, Midnight bridges this gap by enabling staking, lending, and liquidity provision without needing to move XRP off its chain.
The bridge uses confidential smart contracts to ensure full data protection, and ongoing discussions between Charles Hoskinson and Ripple executives point toward deeper collaboration, including support for RLUSD (Ripple’s stablecoin) and XRP compatibility with Cardano’s Lace Wallet.
$NIGHT, $ADA, $BTC, $ETH, $XRP, $SOL, $AVAX, $BNB, $BAT
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.
You may also like
Micron plunges 22% in a week, is it a buying opportunity for memory chips? Bank of America bets on supercycle extending to 2028
The bullish forecasts by top Wall Street investment institutions such as Bank of America are underpinned by an AI training paradigm dominated by RSI, the expansion of AI agent applications focused on efficient AI inference processes, and the rising demand for HBM, server memory, and enterprise SSDs. Meanwhile, advanced manufacturing processes, capacity conversion, and yield ramp-up are restricting supply release, and long-term supply agreements are further improving sales visibility.
Australian Dollar breaks 0.69 as hot US CPI raises 50-bp Fed hike risk
Philadelphia Fed President Paulson supports gradual rate hikes but warns inflation is still “stuck” above target
Core inflation is "stuck" in the 2.5%-3% range, with triple pressures from tariffs, energy, and AI data center demand. Paulson insists on gradual rate hikes while setting clear trigger conditions—if inflation expectations shift upwards or wage pressures build, he will move more quickly. Meanwhile, Governor Waller stated that if October's core CPI rises 0.3% month-on-month, a 50 basis point rate hike in December should be considered. Dallas Fed's Logan said at least two more rate hikes are needed.
During Anthropic IPO roadshow, OpenAI also discloses financial data: Q3 revenue falls short, losses far exceed expectations
OpenAI's revenue in Q3 reached $10 billion, marking a nearly 50% quarter-on-quarter increase. Its annualized run rate is approximately $50 billion, but operating losses have expanded from $10.1 billion to $10.9 billion. Competitor Anthropic has begun its IPO roadshow, with Q3 revenue of $17 billion and losses of only $567 million, leading in both scale and profitability.
Crypto prices
More
