Overview
- Cardano developers and Charles Hoskinson say the Midnight privacy sidechain mainnet goes live Monday.
- NIGHT, issued last week as Midnight’s first Cardano native asset, is set to begin trading with listings confirmed by OKX, Gate, and Bybit.
- Glacier and scavenger mine participants can claim NIGHT in the airdrop, a flow that could introduce near‑term selling pressure.
- ADA trades around $0.4185, below the $0.5113 level and under the 50‑ and 100‑week EMAs with PPO negative, and a trendline break could expose support near $0.2760.
- Traders are watching an inverse head‑and‑shoulders setup with a ~$0.45 neckline and a $0.475–$0.485 resistance zone that could open $0.49–$0.52 if cleared, while some analysts question whether Midnight’s activity will benefit the core chain.