Cardano Surges as Glacier Drop Airdrop Fuels User Adoption – Hoskinson Bullish

Cardano's ecosystem just got a turbocharge. The Glacier Drop airdrop—touted by founder Charles Hoskinson as a 'watershed moment'—has triggered a flood of new users scrambling to claim free ADA. Here's why it matters.

Airdrop Alchemy: Turning Dust into Demand

Forget empty marketing—this drop put tokens directly in wallets, bypassing centralized exchanges (and their pesky fees). Early data shows a 24-hour spike in active addresses—proof that 'free' still works, even in crypto's jaded 2025 landscape.

Hoskinson's Gambit Pays Off

The IOHK chief bet big on grassroots adoption. Now, with developers rushing to build on Cardano post-airdrop, his proof-of-stake pet project might finally shake its 'academic blockchain' rep. Traders, naturally, are already front-running the hype.

The Cynic's Corner

Let’s be real—airdrops are the crypto equivalent of a mall free-sample stand. But when your 'sample' hooks degens and institutional bagholders alike? That’s how you turn a token into a religion—and pump those TVL numbers before the next bear market bites.

The Midnight Network has launched its highly anticipated Glacier Drop airdrop, and it is making waves across the blockchain space. 

With a multi-chain approach and a strong focus on rewarding Cardano supporters, the event is pulling thousands of new users into the Cardano ecosystem.

Read on to know how! 

Cardano Takes the Lion’s Share

The airdrop went live on Wednesday and targets users from eight major blockchains to reshape how value flows across networks. Cardano holders secured the biggest share, receiving 50% of all NIGHT tokens. Bitcoin holders followed with 20%, while the remaining 30% was split between Ethereum, XRP, Solana, BNB, Avalanche, and Brave token holders.

So far, more than 35,600 users have claimed 739.5 million NIGHT tokens, which represents 3.08% of the total supply. cardano has taken a commanding lead with 63% of the total share, far ahead of the other chains.

Hoskinson Hails Breakthrough for Cardano

praised the Glacier drop on X, calling it the most complex crypto distribution ever built. The operation spans 8 ecosystems, 7 blockchains with different addresses and cryptocurrencies, and regulatory compliance, all running 24/7 without data loss. 

Glacier Drop is bringing a TON of new people into Cardano pic.twitter.com/AnRVNow5Qt

Millions of claims are being processed through Cardano’s Hydra scaling solution, which Hoskinson described as  “novel, special, and completely original”. He acknowledged that there may be bugs and some users might experience delays, but emphasized that the project pushes the limits of Cardano’s tech and global reputation.

NIGHT Token Set for Top Spot 

Hoskinson believes Midnight will be a breakthrough for Cardano, expecting its token, NIGHT, to become the largest and most traded native token once the project is fully integrated. 

"Midnight will be the largest, most prominent, most traded, and highest volume Cardano native token in circulation." pic.twitter.com/aGUtQ9RxeA

The Midnight team’s excitement grows as they see the project not only expanding Cardano’s reach but also thriving directly on its platform, attracting users and developers. Since launching in late 2022, Midnight has gained strong support from over 100 partners. However, the mainnet launch date is yet to be announced.

“Cardano Treasury Company Inevitable,” Says Hoskinson

In a recent Fireside chat with Altcoin Daily, Hoskinson used conviction to say that a Cardano Treasury Company is “inevitable.” He went on to suggest, light-heartedly, that Cardano could one day overtake ethereum and that Vitalik Buterin might even step down by 2026. 

“I’m here to win, no matter what it takes,” he said.

Charles Hoskinson predicts Cardano will flip Ethereum and Vitalik Buterin will retire in 2026.

"I WANT TO WIN, DAMMIT" pic.twitter.com/9KpNClNQcM

Cardano’s Market Momentum 

Cardano (ADA) is currently trading at $0.811, up 1.3% in the last 24 hours. It has gained over 13% in the past week. Market data points to strong investor interest:

• Cardano’s open interest has surged 199%
• ADA’s price has risen 143% over the past year
• Open Interest is up 2% in the last 24 hours, climbing to $1.48 billion.