Cardano ADA’s Midnight Token Airdrop Sparks Community Debate and Enthusiasm

The recent Midnight (NIGHT) token airdrop on the Cardano network has become a focal point of discussion within the cryptocurrency community. With over 1.3 billion claims processed, the event has drawn both excitement and skepticism. Cardano founder Charles Hoskinson has actively defended the airdrop, labeling rumors of low participation as "misinformation." He highlighted that 69,000 wallets have participated, accounting for 5.5% of the total token supply. Dubbed "Glacier," this airdrop could set a historic precedent if it reaches 250,000 claimants. However, community debates have intensified, particularly after a meme on X (formerly Twitter) suggested that unclaimed tokens might be funneled back to Hoskinson. Despite the controversy, the airdrop underscores Cardano's ongoing innovation and engagement within the crypto space. As of September 2025, the Midnight token's performance and community reception will be critical to watch for potential impacts on Cardano's ADA valuation and market perception.

Hoskinson Defends Cardano’s Midnight Airdrop Amid Community Debate

Cardano's Midnight (NIGHT) token airdrop has surged past 1.3 billion claims, drawing both enthusiasm and skepticism. Founder Charles Hoskinson dismissed rumors of low participation as "misinformation," citing 69,000 wallets engaged—5.5% of total supply. The drop, dubbed "Glacier," could become historic if it reaches 250,000 claimants.

Community chatter intensified after an X meme insinuated tokens would funnel back to Hoskinson. The founder countered by highlighting the campaign's velocity, while ADA meme page MEME'd noted only 0.1% wallet penetration so far. Midnight’s distribution mechanics now face scrutiny as Cardano seeks to cement its position in competitive L1 markets.

Avalon X Gains Traction as Cardano Shows Signs of Recovery

Real-world asset token Avalon X is emerging as a standout project, bridging the gap between digital assets and real estate investment. The platform's presale offers tokenized property access, targeting investors seeking alternatives to volatile meme coins. Its current promotion—a 10% purchase bonus, $1 million giveaway, and luxury property prize—has drawn significant market attention.

Meanwhile, cardano demonstrates resilience after a turbulent period, with ADA prices rebounding 17% weekly to $0.9271. The network's fundamental strength continues to support bullish sentiment among analysts, suggesting broader altcoin market implications from its recovery.

Charles Hoskinson Denies Insider Favoritism in Midnight Token Airdrop

Cardano founder Charles Hoskinson has publicly refuted claims of insider manipulation in the Midnight token distribution. Over 69,000 wallets have already claimed 1.3 billion NIGHT tokens since the airdrop's launch, demonstrating significant participation.

A viral meme suggesting Hoskinson WOULD receive the majority of tokens prompted his direct response on social media. "Drop is going incredible well. Why are you spreading misinformation?" he countered, sharing verifiable claim data. The 60-day claim window appears designed to encourage broad distribution, with analysts predicting a late surge in participation.

Remittix Outpaces Cardano in Market Momentum as Analysts Eye $3 Target

Cardano's struggle to reclaim its 2021 all-time high of $3.10 contrasts sharply with Remittix's accelerating trajectory. While ADA trades 70% below its peak at $0.85-$0.90, analysts note its path to $2.05 requires overcoming significant overhead supply. The network's strong fundamentals haven't translated into price momentum.

Remittix, meanwhile, has raised $20.5 million through the sale of 611 million tokens at $0.0969. Its upcoming BitMart listing and Q3 wallet beta launch are fueling speculation of a $3 valuation before Cardano recovers. "Projects centered on utility and execution MOVE differently," observes one market strategist, referencing Remittix's $250,000 community engagement initiative.

Cardano Holds Key Support at $0.85 Amid Institutional Inflows Surge

Cardano (ADA) is trading at $0.88, defending a critical support zone between $0.84 and $0.85. Bulls are eyeing a breakout toward $1 as institutional inflows reach $73 million in 2025, pushing total custody holdings above $900 million.

Whale activity has intensified, with 100 million ADA tokens accumulated in just 24 hours. The network's efficiency remains robust, processing 112 million transactions this year while keeping fees under $0.25. Technical indicators suggest growing momentum, with the RSI showing room for upward movement and oscillators turning bullish.

Nexchain AI Gains Traction Among Long-Term ADA Holders as Presale Nears Target

Cardano's ADA, long favored for its proof-of-stake foundation, is seeing holder diversification as Nexchain AI's presale advances. The project has raised $9.15 million of its $10.13 million target at a current token price of $0.104, now in Stage 26 of funding.

Nexchain's hybrid architecture—combining AI-driven LAYER 1 infrastructure with Directed Acyclic Graphs and sharding—contrasts with Cardano's traditional model. Its validator selection algorithm reportedly reduces congestion while improving throughput, attracting comparisons to ADA's capabilities.

The shift suggests growing appetite for protocols integrating machine learning at the base layer. Nexchain's emphasis on interoperability and scalability appears to resonate with investors seeking alternatives to established smart contract platforms.