XRP News Today: Cardano Founder to Announce NIGHT Airdrop at Rare Evo 2025

Cardano founder Charles Hoskinson is set to reveal the official launch date for the NIGHT token airdrop during the Rare Evo event in Las Vegas, scheduled for August 6–10, 2025. The Midnight project, a privacy-focused sidechain built on Cardano, has generated significant interest due to its large-scale token distribution and high-profile involvement from Hoskinson [1]. The airdrop is expected to be a pivotal moment for the Cardano ecosystem, enhancing its privacy capabilities while maintaining interoperability with other blockchain platforms [1].

The airdrop will distribute a total of 24 billion NIGHT tokens, with 50% allocated to ADA holders, 20% to Bitcoin wallets, and the remaining 30% to other cryptocurrency investors, including XRP holders. A single XRP wallet holding 2.2 million XRP is set to receive 1.2 billion NIGHT tokens, further fueling anticipation around the distribution [1]. In total, over 37 million wallets are eligible to participate in the airdrop, making it one of the largest token distributions in the industry’s history. Once the distribution begins, recipients will have 60 days to claim their tokens [1].

Midnight aims to address privacy and data protection challenges on Cardano while ensuring seamless compatibility with other major blockchain ecosystems. The project’s multi-chain inclusion and large-scale token allocation have positioned it as one of the most anticipated launches of the year [1]. The airdrop is part of the project’s broader Glacier Airdrop initiative, which has already begun distributing tokens to eligible wallets across blockchains such as XRP, Ethereum, and Solana [3].

As the Rare Evo event approaches, the crypto community is closely watching for updates on the exact launch timeline. The event provides an opportunity for investors to gain early access to NIGHT tokens and assess the project’s potential impact on the Cardano ecosystem. The success of the airdrop will depend on its execution, user adoption, and the long-term viability of the Midnight platform [1]. With a strong focus on privacy and cross-chain compatibility, the project has the potential to attract a broad user base and sustain interest from both retail and institutional investors [1].

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Source: [1] Coindoo - Midnight Airdrop Nears: Cardano Founder to Reveal NIGHT Token Launch Date Soon [https://coindoo.com/midnight-airdrop-nears-cardano-founder-to-reveal-night-token-launch-date-soon/](https://coindoo.com/midnight-airdrop-nears-cardano-founder-to-reveal-night-token-launch-date-soon/)

[2] CoinGape - XRP NIGHT Token Airdrop: Snapshot, Claim Date and ... [https://coingape.com/trending/xrp-night-token-airdrop-snapshot-claim-date-and-what-to-expect/](https://coingape.com/trending/xrp-night-token-airdrop-snapshot-claim-date-and-what-to-expect/)

[3] AInvest - Cardano Airdrops 12 Billion NIGHT Tokens to 2.2M XRP ... [https://www.ainvest.com/news/xrp-news-today-cardano-airdrops-12-billion-night-tokens-2-2m-xrp-wallets-2508/](https://www.ainvest.com/news/xrp-news-today-cardano-airdrops-12-billion-night-tokens-2-2m-xrp-wallets-2508/)