Solana News Today: Midnight Airdrops 3.08% of NIGHT Tokens Across 8 Blockchains in Glacier Drop

Generated by AI AgentCoin World
Saturday, Aug 9, 2025 6:48 am ET1min read
Aime RobotAime Summary

- Midnight's "Glacier Drop" airdropped 3.08% of NIGHT tokens across 8 blockchains, including Ethereum and Cardano, expanding its cross-chain reach.

- Over 35,000 wallets claimed 739 million tokens, with Cardano users accounting for 63.4% of claims, highlighting its strategic focus on privacy-centric solutions.

- The annual airdrop emphasizes transparency and low barriers to entry, fostering cross-chain engagement while analysts view it as a catalyst for decentralized finance growth.

The "Glacier Drop" airdrop by Midnight has triggered a significant token distribution event across eight major blockchains, including

, , , and Polygon, marking a strategic expansion of the NIGHT token's reach [1]. The initiative, launched in the early hours of August 2025 without any delays, aims to raise awareness of the Midnight network while emphasizing security and transparency [1]. The airdrop allows users to claim tokens programmatically, with over 35,000 wallets already having claimed more than 739 million $NIGHT tokens, representing 3.08 percent of the total supply [1]. These claims are spread across 11,000 wallets across eight blockchains, with more than 470 million tokens already distributed [4].

Midnight plans to continue airdropping tokens on an annual basis, with each blockchain implementing its own unique claiming procedures. The low entry requirements and user-friendly structure have contributed to the program's widespread adoption [1]. Cardano, in particular, has shown strong interest, with users making the largest share of claims. This focus on Cardano aligns with Midnight’s broader objective to promote privacy-centric blockchain solutions through zero-knowledge smart contracts, which are designed to secure user data and enable complex transactions [1]. By distributing tokens across multiple chains, the initiative not only expands Cardano’s reach but also introduces the platform to users in different blockchain ecosystems [1].

Initial data suggests that one blockchain accounted for 63.4 percent of all claims, followed by two others with 14 percent and 8 percent shares [1]. The multi-chain approach fosters a more inclusive and engaged user base, encouraging cross-chain participation. Midnight continues to publish claim statistics to ensure transparency, a key factor in maintaining trust within the decentralized community [1]. Analysts view the event as a strategic move to enhance on-chain activity and user participation, especially during a period of broader market volatility [1].

The success of the

Drop underscores the growing role of cross-chain initiatives in the Web3 ecosystem. By broadening token utility and user engagement across multiple blockchains, Midnight is positioning itself as a key player in the evolving landscape of decentralized finance [4]. If this momentum continues, the initiative could serve as a catalyst for broader adoption and development, particularly within the Cardano ecosystem [1].

Source:

[1] Midnight Glacier Drop Nigh Airdrop Launch (https://coinfomania.com/midnight-glacier-drop-nigh-airdrop-launch/)

[2] Cardano Price Boost as Midnight's NIGHT Token Airdrop Goes Live (https://coinjournal.net/news/cardano-price-boost-as-midnights-night-token-airdrop-goes-live/)

[3] DailyCoin - Today's Crypto News for

, Ethereum (https://dailycoin.com/)

[4] Solana (SOL) and Cardano (ADA) Bounce Back Slightly (https://southafricatoday.net/cryptocurrency/solana-sol-and-cardano-ada-bounce-back-slightly-but-remittix-rtx-continues-its-relentless-climb-toward-1/)

[5]

on the Edge: Whale Dump Sparks Free-Fall Fears as SEC Ruling Looms (https://coinjournal.net/news/xrp-on-the-edge-whale-dump-sparks-free-fall-fears-as-sec-ruling-looms/)