Cardano's Midnight (NIGHT) Token recorded over 1 billion Tokens received in the first week, attracting many wallets to participate and creating strong motivation for the cryptocurrency community.

The airdrop distribution is still actively ongoing, with nearly 70,000 wallets having received NIGHT Tokens, accounting for about 5.5% of the total supply, opening up significant opportunities for the market and investors within the Cardano ecosystem.

MAIN CONTENT

  • Over 1 billion NIGHT Tokens have been received in the first week of the Glacier Drop.

  • Cardano has reached over 4.8 million ADA wallets, an 18% increase over the past year along with impressive DeFi growth.

  • The Midnight Foundation collaborates with Fireblocks to enhance safety and credibility for NIGHT Tokens.

How is the Cardano Midnight Airdrop conducted and what is its level of success?

The Midnight airdrop (NIGHT Token) is progressing well with over 69,000 wallets receiving more than 1.3 billion NIGHT, equivalent to 5.5% of the total Token supply, as of August 19, 2025.

Charles Hoskinson, the founder of Cardano, dismisses doubts about the airdrop lacking participation, emphasizing that the activity is going very well and opposing misinformation. The numbers demonstrate strong community attraction, as in the first week, over 1 billion Tokens were received (accounting for 4% of the total supply), along with nearly 34 million eligible wallets participating.

The Glacier Drop will end on October 4, with about 60 days to receive Tokens to create fair conditions for everyone. Although the rate of receiving Tokens has somewhat decreased after the first day, many people expect to receive at the last minute.

If this airdrop reaches 250,000 participating wallets, it will become one of the most successful Token distribution events in cryptocurrency history.
Charles Hoskinson, CEO of Cardano, August 19, 2025

Why is Cardano Midnight attracting and building trust with major investors?

The Midnight Foundation is focusing on enhancing its reputation through strategic partnerships. Recently, the organization partnered with Fireblocks – a renowned digital asset security company – to support the custody of NIGHT Tokens for institutional investors.

This action helps to reinforce trust and expand the reach to large investment funds, while also contributing to enhancing safety standards within the ecosystem, promoting the sustainable development of the project.

What notable changes are currently happening in the Cardano ecosystem?

Cardano is on a growth trajectory with over 4.8 million unique ADA wallets, up 18% from last year, indicating increasing attraction from the community and major institutions.

The futures trading volume on Cardano also reached $7 billion, the highest in the past five months, alongside the total value locked in DeFi of Cardano increasing by 56% to over $400 million according to DefiLlama data. This is a sign that the platform is expanding practical applications and developing the DeFi ecosystem.

The significant increase in the number of wallets and transaction activity reflects the sustainable development potential of Cardano in the global cryptocurrency market.
Market analysis, August 2025

Frequently Asked Questions

What is the Midnight (NIGHT) Token?

As a Token issued in the Cardano ecosystem, it serves the applications and expansion development of the Midnight project.

How long does the Midnight airdrop last?

The Glacier Drop lasts 60 days, ending on October 4, 2025, to ensure everyone has the opportunity to receive Tokens.

How many wallets does Cardano have holding ADA?

Currently, Cardano has over 4.8 million unique wallets holding ADA, an increase of 18% compared to the same period last year.

What is the current value locked in DeFi of Cardano?

The total value locked in DeFi on the Cardano platform has increased by 56%, reaching over $400 million as of August 2025.

Who has the Midnight Foundation partnered with to enhance security?

The Midnight Foundation collaborates with Fireblocks, a well-known digital asset security company, to support the custody of NIGHT Tokens for organizations.

Source: https://tintucbitcoin.com/cardano-night-airdrop-vuot-13-ty-luot/

Thank you for reading this article!

Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!