Cardano Introduces $NIGHT Token Rewards for Stakers Starting June 16 2025

Cardano, a leading blockchain platform, has declared the introduction of a new rewards program for its stakers. Starting June 16, 2025, users who stake their ADA tokens will earn additional rewards in the form of a new token called $NIGHT. This initiative is designed to enhance user engagement and bring fresh incentives to the Cardano community.

Staking is a mechanism that allows cryptocurrency holders to earn rewards by locking up their tokens to support the blockchain’s network operations. On Cardano, users already receive ADA rewards for staking their tokens, which helps secure the network while providing passive income. The introduction of $NIGHT will offer stakers an opportunity to boost their earnings beyond the usual ADA rewards. $NIGHT is specifically designed to reward long-term supporters of Cardano, although details about its use cases and distribution are still emerging. This move underscores Cardano’s commitment to creating value for its community and could encourage more users to stake ADA, thereby strengthening the network’s decentralization and security.

The concept of offering multiple tokens as staking rewards is not new. For instance, the Avalanche network rewards users with both AVAX and sometimes additional incentives through partnerships or ecosystem tokens. This trend of “dual rewards” is becoming more prevalent as blockchain projects explore innovative ways to attract and retain users.

For investors, the addition of $NIGHT rewards presents a new avenue to earn from holding ADA. However, it is crucial to understand how $NIGHT will integrate into the Cardano ecosystem and what its value might be over time. Early adopters often benefit the most from new tokens, but risks remain until the market fully comprehends and adopts $NIGHT. As of 2025, approximately 70% of all ADA tokens are staked, indicating strong community support. By introducing $NIGHT rewards, Cardano aims to further increase this percentage, fostering a more engaged and loyal user base.