Cardano Ecosystem Gets a Privacy Boost as Midnight's NIGHT Goes Live

Source: CryptoNewsNet Original Title: Cardano Ecosystem Gets a Privacy Boost as Midnight’s NIGHT Goes Live Original Link: Cardano’s long-developing privacy architecture finally took a concrete step this week with the market debut of Midnight’s NIGHT token, which has doubled since launch.

NIGHT’s first sessions were volatile, as expected for a new listing, but the token recovered sharply after its initial sell-off and moved toward a near-$1 billion valuation as several major exchanges opened markets.

A separate wave of activity came from users redeeming allocations from the so-called ‘Glacier’ airdrop, the first of several release periods scheduled through 2026. As liquidity builds, NIGHT’s price action is likely to remain noisy — but the launch is ultimately less about the token and more about what Midnight is designed to become.

Described as a partner chain, Midnight is Input Output’s attempt to give Cardano a programmable privacy layer built around zero-knowledge proofs (or technology that allows the verification of information without fully revealing that information).