Hoskinson Says Midnight Will Debut as Largest Cardano Native Token

Input | Output CEO and founder Charles Hoskinson confirmed that Midnight will be instrumental in propelling Cardano to the next level

Following the launch of Midnight’s Glacier Drop portal, Hoskinson has expressed his enthusiasm about the privacy blockchain

In Hoskinson’s view, this anticipated adoption could drive NIGHT’s trading volume and visibility more than other Cardano Native Tokens. By extension, that level of activity could showcase Cardano’s security, scalability, and performance under enormous demands

Team is Excited About Midnight

Furthermore, Hoskinson noted that the team’s excitement hinges on the fact that Midnight will not only build the Cardano ecosystem but live on the platform

When a project like Midnight succeeds, it captures the attention of users and developers who might also be interested in the project’s base network, Cardano

For context, Hoskinson has been heavily involved with the Midnight project since its introduction in November 2022. The project has been under development ever since. Nonetheless, Midnight has attracted strong institutional attention, with Hoskinson disclosing its partnership with over 100 ventures

In the meantime, the Midnight Foundation has yet to announce the official date for its mainnet launch. Despite this, the project has made significant progress towards its launch, including opening the Glacier Drop claim portal, allowing eligible users across eight blockchains to claim their NIGHT tokens

Over 23K Users Claim 470M NIGHT

The number of claims recorded so far is significantly lower than the nearly 34 million wallets eligible for the airdrop. This low participation likely stems from the issues Trezor and Ledger users are encountering when trying to claim their tokens

The Midnight Foundation team is currently working on a fix to address the issue before the Glacier Drop portal closes on October 4, 2025