Midnight token NIGHT, which is the native cryptocurrency of a partner chain in the Cardano ecosystem, received its official listing today on Binance, the world’s largest crypto exchange. For those unfamiliar, the Midnight project is positioned as a new-gen blockchain, according to creator of Cardano Charles Hoskinson, and is primarily focused on data confidentiality and privacy.
One of the key features to consider is that Midnight, as a network, uses zero-knowledge-proof technology. Unlike fully anonymous coins such as Monero (XMR), it allows users to selectively disclose data for regulators or audits while generally maintaining overall privacy.
240,000,000 NIGHT airdrop and 13% price rise for "new Cardano"
NIGHT reacted to the news in the classic fashion of Binance listings. The token’s price surged by more than 10% at the moment the news broke, with the spike even reaching 13.5% in a single candle within just five minutes. However, this impulse was quickly sold off, and at the time of writing, the Midnight token is trading slightly above $0.052 per token.
HOT Stories Ripple Cofounder Jed McCaleb Named on Forbes Rich List, Shiba Inu (SHIB) Has Chance to Break $3.5 Billion Price Threshold, Bitcoin Miner MARA Starts Selling BTC: Morning Crypto Report Ripple to Bag Crucial Australian License
NIGHT/USDT Price Chart on March 11, Source: TradingView
Among the key listing details, trading is scheduled to begin instantly on March 11. Initially, NIGHT will trade in pairs with USDT, USDC, BNB and the Turkish lira (TRY). The token will receive a "seed tag" by Binance as the exchange indicates the high volatility and risks associated with a newly listed asset.
You Might Also Like
Mon, 03/09/2026 - 15:07 Cardano (ADA) Hits Major Tokenization Milestone With Programmable Tokens for RWAByGamza Khanzadaev
Interestingly, beyond the listing itself, Binance decided to incentivize Midnight through its Binance Hodler Airdrops platform. Users who subscribed to certain products on the exchange during February 2006 will have the opportunity to receive 240 million NIGHT tokens. In other words, 1% of the total token supply will be distributed among active Binance users.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
