Cardano Founder Champions Midnight’s Stunning Rise: FDV and Volume Eclipse Entire CNT Market Combined
Cardano's privacy-focused sidechain isn't just competing—it's dominating. New data reveals Midnight's Fully Diluted Valuation and trading volume have surged past the combined totals of every other Confidential Native Token on the market.
The Privacy Play That's Paying Off
Forget niche adoption. Midnight's metrics tell a story of explosive growth that's rewriting the rulebook for confidential assets. While other projects whisper about potential, Midnight's numbers are shouting from the rooftops.
A Market Cap Reality Check
This isn't a slight lead—it's a market-wide eclipse. The figures suggest investors are voting with their capital, funneling unprecedented value into Cardano's privacy proposition and leaving an entire sector of competitors in the dust.
The surge highlights a brutal truth in crypto: sometimes, all it takes is one serious contender to make an entire category of also-rans look like a footnote. While traditional finance debates theoretical risks, the chain is busy settling the argument with cold, hard, on-chain data—proving once again that in this market, traction trumps talk every single time.
Cardano founder Charles Hoskinson has highlighted the Midnight native token's overwhelming success compared to other CNTs. NIGHT, the native token of Cardano's sidechain Midnight, finally made its debut on December 9.
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