Cardano founder Charles Hoskinson has once again attracted attention to the cryptocurrency space with a cryptic post about the Midnight project. This post hints at new stages in the anticipated airdrop.
Midnight Airdrop Speculation
Hoskinson's recent post has sparked much discussion, as some believe the claim portal for Midnight's native token (NIGHT) may open on August 5. This has reignited interest among Cardano, XRP, and Bitcoin holders who stand to gain from the upcoming distribution.
Massive Midnight Glacier Airdrop
Hoskinson previously confirmed the completion of the Midnight Glacier Drop snapshot, an important step ahead of distributing both NIGHT and DUST tokens. Over 37 million users across eight different blockchains will be eligible for tokens, with Bitcoin, XRP, and Ethereum holders receiving tokens based on the amount held at the time of the snapshot. Hoskinson also noted that more details would be revealed during the Rare Evo conference from August 6 to 10.
Hoskinson Responds to Critics
Reports suggest the NIGHT token could be valued at around $0.41. In response to criticisms about delays in Cardano's progress, Hoskinson emphasized the high interest in Midnight, including attention from financial institutions, affirming that this project is a core part of Cardano's future.
With a new phase in the Midnight project and the airdrop planned for 2025, Hoskinson continues to generate interest in Cardano and its ecosystem, asserting these initiatives will strengthen Cardano's position in the blockchain industry.
