• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Rumors about FREE NIGHT Tokens for XRP Holders: Fact or Fiction?

user avatar

by Giorgi Kostiuk

10 hours ago


Recently, rumors have been circulating in the crypto sphere regarding free NIGHT tokens for XRP holders. This article aims to clarify the facts and conditions for receiving these tokens.

What’s the Claim?

Many posts on social media assert that 'If you held XRP during the snapshot, you will receive NIGHT tokens for free.' This sounds intriguing — who wouldn’t want free tokens just for holding crypto?

What’s the Truth?

Indeed, XRP holders will receive NIGHT tokens, but only if they meet specific criteria. According to the official 45-page whitepaper, the airdrop will be shared across eight blockchains, including Cardano, Bitcoin, Ethereum, Solana, BNB Chain, Avalanche, BAT, and XRP. To qualify, one had to hold at least $100 worth of XRP at the time of the snapshot taken on June 11, 2025. Claiming does not require KYC or any fees — it is as simple as signing with your wallet and submitting a valid Cardano address. However, the tokens will initially be locked, with 25% unlocking gradually over a year.

How Did We Find That Out?

The Midnight team detailed this information in their whitepaper, outlining the token supply and distribution plan. Of the total NIGHT token supply, 50% (12 billion tokens) is allocated for Cardano (ADA) holders. Bitcoin (BTC) holders will receive the next largest share at 20%, which amounts to about 4.8 billion NIGHT tokens. The final 30% (7.2 billion NIGHT tokens) will be evenly distributed among six other blockchains: XRP, BAT, ETH, BNB, SOL, and AVAX. This means that XRP holders are eligible to claim around 1.2 billion NIGHT tokens from this pool.

Thus, if you held XRP during the eligible snapshot, you could qualify for a share of the 1.2 billion NIGHT tokens. Your allocation will depend on how much XRP you held at that time.

0

Share

Other news

Polymarket Approaches $1 Billion Valuation with New $200 Million Funding

Polymarket, the leading crypto-based prediction market, is set to raise over $200 million in its latest funding round.

user avatarGiorgi Kostiuk

a few seconds ago

Kaspa: Why Price Changes Could Occur Soon

Analysts predict a significant KAS price increase depending on interest rate changes and network growth.

user avatarGiorgi Kostiuk

a few seconds ago

Record Trading Volume for Solana Futures on CME

Solana futures at CME reached a record 1.75 million contracts, reflecting rising institutional interest in the asset.

user avatarGiorgi Kostiuk

a minute ago

Bitcoin Staking Launch on Merlin Chain: Up to 21% Annual Yield

Merlin Chain introduces Bitcoin staking with yields of up to 21% to enhance liquidity and cross-chain interaction.

user avatarGiorgi Kostiuk

2 minutes ago

Surge in Demand for Auradine ASICs as Miners Shift to Local Hardware

U.S. Bitcoin miners are transitioning to local hardware to reduce tariff costs and diversify their supply chains.

user avatarGiorgi Kostiuk

11 minutes ago

Nano Labs Secures $500 Million for BNB Investments

China's Nano Labs announces $500 million raised through convertible notes aimed at investing in BNB.

user avatarGiorgi Kostiuk

12 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.