Logo
Cardano Ecosystem

FxCryptoNews

today at 10:11 AM

·

0 views


XRP Holders Eligible for Midnight Airdrop: 1.2 Billion NIGHT Tokens Up for Grabs

Charles Hoskinson confirms XRP holders are part of the Midnight airdrop, with 1.2 billion NIGHT tokens allocated. Learn how to claim, deadline details, and the tokenomics breakdown.

XRP Holders Eligible for Midnight Airdrop: 1.2 Billion NIGHT Tokens Up for Grabs

Cardano founder Charles Hoskinson has reaffirmed that XRP holders will receive a share of what is being called the largest airdrop in crypto history by reach. During his talk at the Consensus 2025 event, he emphasized that XRP wallets, alongside other major blockchain users, are eligible for the Midnight airdrop.

This massive giveaway stems from the Midnight network, a Cardano-based privacy-focused sidechain. With 24 billion NIGHT tokens allocated for distribution, the airdrop spans multiple ecosystems and aims to unite the broader crypto landscape.

Airdrop Eligibility: XRP, ADA, BTC, ETH, and More

Hoskinson highlighted that over 37 million wallets qualified for the Glacier airdrop, with eligibility determined by wallet balances captured during the June 11 snapshot. Any wallet holding at least $100 worth of XRP at the time is entitled to participate.

Eligible ecosystems include Cardano (ADA), XRP, Bitcoin (BTC), Ethereum (ETH), Solana (SOL), BNB, Avalanche (AVAX), and Basic Attention Token (BAT). This broad-based inclusion reflects Hoskinson’s vision for a collaborative, cross-chain crypto future, as he continues to push for unity across the ecosystem.

How to Claim NIGHT Tokens

The claim portal for the Midnight airdrop went live on July 15. All eligible users now have a 60-day window to claim their allocated NIGHT tokens. This period will end in mid-September. After this window closes, any unclaimed tokens will not be lost but instead transitioned into two subsequent phases:

First comes the Scavenger Mine Phase, during which users must unlock unclaimed tokens through computational mining. The Lost-and-Found Phase will follow this, and after a four-year period, any remaining unredeemed NIGHT tokens will be transferred to the Midnight treasury.

To avoid missing out, XRP holders should claim their tokens as soon as possible before the current redemption window expires.

XRP Holders to Receive 5% of NIGHT Token Supply

According to the Midnight whitepaper, XRP holders will receive 5% of the total 24 billion NIGHT tokens, which translates to 1.2 billion NIGHT tokens. The team will distribute these tokens based on the amount of XRP held in each wallet at the time of the snapshot. Larger XRP holdings will earn proportionately higher allocations.

Cardano holders will receive the largest share, with 50% of the NIGHT supply reserved for them. Bitcoin wallets are set to receive 30% of the total. Meanwhile, holders of Ethereum, Solana, BNB, Avalanche, and BAT will collectively share 5%.

This distribution model demonstrates Midnight’s commitment to inclusivity across leading blockchain ecosystems.

NIGHT and DUST: Powering the Midnight Network

The Midnight network introduces a dual-token model that includes:

  • NIGHT: Grants governance rights to holders, enabling them to participate in network decisions.
  • DUST: Functions as the gas token for processing transactions on the Midnight sidechain.

By distributing NIGHT tokens across several blockchains, the Midnight project aims to create a truly multi-chain community capable of shaping the future of decentralized privacy and governance.

Final Thoughts

Charles Hoskinson’s latest announcement signals more than just a generous airdrop. It represents a call to cross-chain unity and a break from the zero-sum mentality that has often divided blockchain ecosystems.

If you’re holding XRP or any of the other supported tokens, now’s the time to check your eligibility and claim your share of this industry-defining event.

AD

Delegate Your Voting Power to FEED DRep in Cardano Governance.

DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!


Read Original Article on FxCryptoNews

ORIGINAL SOURCE

https://www.fxcryptonews.com/xrp-holders...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


Join Rare Evo - The Ultimate Blockchain and Crypto Conference in Las Vegas, Nevada on August 6-10!

More from FxCryptoNews

See more
Cardano Unlocks Access to 37 Million Users as ADA Price Rallies Toward $1
FxCryptoNews
Cardano Unlocks Access to 37 Million Users as ADA Price Rallies Toward $1

07/18/2025

·

28 views

Related News

See more

Join Rare Evo - The Ultimate Blockchain and Crypto Conference in Las Vegas, Nevada on August 6-10!

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)