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Cardano Launches NIGHT Airdrop for XRP Holders: Here’s Who Qualifies

  • Cardano has launched the NIGHT Airdrop for XRP holders, distributing 1.2 billion NIGHT tokens for the Midnight ecosystem.
  • The initiative was revealed by Cardano founder Charles Hoskinson during an AMA, with two campaigns: the Midnight Drop and the Glacier Drop.
  • XRP holders are eligible based on a June 11 snapshot, needing to have held at least $100 worth of XRP in a supported wallet by that date.
  • The NIGHT token will support privacy-preserving smart contracts and DeFi applications on Midnight, offering features like staking and governance.
  • Cardano targets XRP users to bridge ecosystem utility and provide access to DeFi tools through Midnight.
  • Midnight enables users to interact with decentralized apps while ensuring financial privacy using zero-knowledge cryptography.
  • The airdrop aims to integrate Cardano's smart contracts with XRP's liquidity, opening opportunities for cross-chain DeFi.
  • Token claims for the NIGHT airdrop will begin in the coming weeks as per the eligibility criteria set on June 11, 2025.

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