Particle.news
Download on the App Store

Cardano’s Midnight Tops 1 Million NIGHT-Mining Addresses After 200,000 Glacier Drop Claims

The uptake highlights demand for a zero-knowledge privacy sidechain within Cardano’s scaling roadmap.

Overview

  • Tokens were distributed through prominent Cardano dApps and KYC exchanges, including Minswap, Kraken and Gate.
  • The Glacier Drop targeted roughly 30 million wallets across eight ecosystems with a 60-day window from August 5 to October 4.
  • NIGHT serves as Midnight’s native asset with a fixed supply of 24 million tokens.
  • Midnight uses zero-knowledge proofs to keep activity verifiable while preserving confidentiality.
  • ADA traded around $0.52–$0.55 with market value near $19 billion as attention turned to the rollout.