Cardano’s Midnight Glacier Airdrop Shakes Up Crypto: Charles Hoskinson Bars VCs from the Party

Cardano founder Charles Hoskinson drops a bombshell—Midnight Glacier tokens will airdrop directly to the community, cutting out venture capitalists entirely. The move sparks immediate chatter about decentralization’s future—and which VCs just lost their golden ticket.

Hoskinson’s playbook? Reward the hodlers, snub the suits. ADA’s price reacts with a 12% surge as retail investors cheer the anti-VC stance. Meanwhile, Sand Hill Road scrambles to spin this as ’healthy for the ecosystem.’

One hedge fund manager (who definitely didn’t get allocations) mutters about ’populist stunts’ between sips of $28 cold brew. The blockchain doesn’t care—it just keeps verifying transactions.

Cardano price prediction shows room to run as volume rises and resistance breaks

Cardano’s price has started to show stronger momentum after bouncing from a recent dip. It trades at $0.77, up from lows around $0.65 earlier in the month. According to trader Captain Faibik, ADA recently broke out of a falling channel on the daily chart, and if buying continues, it will target $1.20.

Source: ADA on TradingView

Volume spikes from Japan are also adding fuel. Binance’s ADA/JPY trading pair clocked nearly $295 million, one of the highest globally. At the same time, Grayscale data shows ADA ranks fourth in weekly gains among its top crypto assets, beating both Bitcoin and chainlink with an 8.6% rise.

Also, Whale Alert reported a 68.7 million ADA transfer from Coinbase to a private wallet. That usually signals cold storage and long-term play. If ADA can push past resistance at $0.92 and $1.00, the path to $1.20 becomes clearer.

Midnight Glacier Drop changes the game by putting users first, not VCs

Charles Hoskinson made waves at Consensus 2025 when he revealed that Cardano’s new Midnight sidechain WOULD launch with a giant airdrop, without giving anything to venture capitalists. Instead, the Glacier Drop will send tokens to 37 million wallets across eight major blockchains.

Two tokens are part of the drop: NIGHT for governance and DUST for private transactions. NIGHT will help users vote on key decisions, while DUST will power private payments using zero-knowledge tech. This privacy-first model is a new move for Cardano and could bring more users who care about keeping their data safe.

Hoskinson called the airdrop a “principled approach,” meant to bring crypto back to its original goal of serving users. ADA holders will also get a share of NIGHT, giving loyal fans a reason to keep holding. If the testnet performs well and the main net goes live before the end of 2025, Midnight could become a big part of Cardano’s future.

Source: Bravenewcoin

Remittix builds fast in the PayFi space as user demand skyrockets

While ADA fights resistance and gears up for a breakout, Remittix pulls in users faster. Remittix is a PayFi protocol that lets people send crypto to regular bank accounts in over 30 currencies. With the crypto market back above $3.2 trillion, that’s a big deal. Many coins promise real-world use, but Remittix is already showing it.

Its RTX token is in presale at $0.0757 and has raised over $15 million. That’s more than 75% of its total target. It stands out because you don’t need to know crypto to use it. You just LINK your wallet and the person on the other side gets fiat. They don’t even know crypto was used. It charges a flat 1% fee, has no FX costs and sends the money the same day.

Remittix Wallet is fully non-custodial. That means you control your keys, and no one can touch your money but you. BlockSAFU has already conducted security audits and the company will line up major exchange listings once the presale ends.

Conclusion: ADA’s privacy push is bold, but Remittix’s use case is clear

Cardano’s Midnight airdrop is a bold MOVE that puts power in the hands of real users. It may help ADA climb past resistance and regain old highs. But while ADA builds slowly, Remittix is moving fast. Its PayFi model is simple, practical and already working.

Website: https://remittix.io/

Socials: https://linktr.ee/remittix