In August 2025, the Midnight Foundation launched the airdrop of NIGHT tokens known as the Glacier Drop, targeting holders of major cryptocurrencies like ADA, BTC, and ETH.
Launch of NIGHT Token Airdrop
The NIGHT token airdrop, known as Glacier Drop, began in August 2025. The Midnight Foundation distributes tokens among holders of cryptocurrencies such as ADA, BTC, and ETH, marking a significant step in cross-chain participation.
Market Impact
The launch of the airdrop influences key markets, allowing holders of ADA, BTC, ETH, XRP, and other assets to receive NIGHT tokens. This encourages cross-chain collaboration and development of privacy-focused applications. The potential increase in interest in privacy chains may lead to heightened activity in related blockchain segments.
Community Involvement
The airdrop's mechanics ensure wide community involvement, utilizing a staggered token unlock process. The ongoing integration of privacy technology and cross-chain capabilities onto Cardano could lead to increased interest and adoption. As Charles Hoskinson noted: "The Midnight initiative demonstrates our commitment to privacy-focused solutions and cross-chain innovations across the blockchain ecosystem." This creates a historical precedent for more equitable distribution and increased privacy principles in blockchain advancements.
The NIGHT token airdrop by the Midnight Foundation represents a significant step towards transparency and innovation in blockchain, providing participants with new opportunities for cross-chain interaction.
