Midnight Unveils Massive airdrop of NIGHT Tokens in 2025

Overview of Midnight’s Glacier Drop Initiative

Midnight Network, a pioneering privacy-focused sidechain within the Cardano ecosystem, is set to distribute an impressive 24 billion NIGHT tokens through its innovative “Glacier Drop.” This airdrop distinguishes itself by encompassing multiple blockchain communities, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), Avalanche (AVAX), BNB Chain (BNB), Brave (BAT), and Cardano (ADA).

A snapshot for eligibility was captured on June 11, 2025, allowing anyone with a minimum of $100 in cryptocurrency across any of the supported networks to qualify for the NIGHT token distribution.

Details of the NIGHT airdrop: How It Functions

The 24 billion NIGHT tokens will be allocated in the following manner:

• 50% (12 billion) designated for Cardano (ADA) holders
• 20% reserved for Bitcoin (BTC) holders
• 30% distributed among Ethereum, XRP, Solana, Avalanche, BNB Chain, and BAT holders

Individuals holding assets across multiple blockchains may receive several allocations. The release of these tokens will not occur simultaneously; instead, they will adhere to a vesting schedule:

• 25% will be released every 90 days
• Full access will be granted after 360 days

Initially, the airdropped tokens will be secured by a smart contract, with trading capabilities phased in over time. Notably, there is a 60-day window for users to claim their tokens, starting from July to August 2025. Any tokens that remain unclaimed will be redirected to the Scavenger Mine, where users can earn them through computational mining.

Understanding the Midnight Network

Midnight is not just another sidechain on Cardano; it aims to transform the landscape of blockchain privacy. By utilizing Zero-Knowledge Proofs (ZKPs), Midnight facilitates confidential smart contracts, allowing users to engage on-chain while retaining control over their data visibility.

This capability opens doors to various practical applications, such as:

• Storing medical records with selective sharing options
• Conducting private financial transactions
• Developing DeFi solutions that prioritize user confidentiality

Unlike conventional privacy coins such as Monero or Zcash, Midnight offers selective transparency, empowering users to choose what information they disclose and to whom.

The Utility of NIGHT Tokens: Governance, DeFi, and More

The NIGHT token serves a vital function within the Midnight ecosystem:

• It enables governance, allowing token holders to participate in decision-making processes and network modifications.
• It facilitates the minting of a secondary native token called DUST, which acts as gas for executing smart contracts and transactions, similar to how ETH or ADA operate on their respective platforms.

With Midnight’s focus on interoperability, NIGHT is poised to become a significant asset in the realm of cross-chain privacy DeFi, particularly with forthcoming integrations for Ethereum, Solana, Avalanche, and XRP.

XRP Integration: A DeFi Bridge Without Transferring Assets

A notable feature of Midnight is its DeFi bridge to the XRP Ledger. Although XRP does not support native smart contracts, Midnight addresses this limitation by allowing staking, lending, and liquidity provision without requiring XRP to be transferred off its original chain.

This bridge employs confidential smart contracts to ensure complete data security, and ongoing dialogues between Charles Hoskinson and Ripple executives suggest potential for deeper collaboration, including support for RLUSD (Ripple’s stablecoin) and XRP compatibility with Cardano’s Lace Wallet.

Keywords: $NIGHT, $ADA, $BTC, $ETH, $XRP, $SOL, $AVAX, $BNB, $BAT

Disclaimer: This article is provided for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own research before making any investment decisions.