<ul data-eligibleForWebStory="true">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.