Cardano’s Midnight Gains Recognition From Ripple CTO as NIGHT Surges

TheNewsCryptoPublicado a 2025-12-29Actualizado a 2025-12-29

Resumen

Ripple CTO David Schwartz acknowledged Cardano's new privacy-focused blockchain, Midnight (NIGHT), shortly after its unveiling by founder Charles Hoskinson. Built with a focus on regulatory compliance and interoperability, Midnight aims to provide a secure platform for private smart contracts. The NIGHT token has seen significant market activity, surging 7.62% to approximately $0.09075 with a $1.5 billion market cap, ranking among top gainers. Hoskinson emphasized that Midnight's zero-knowledge proof architecture could complement the XRP Ledger by adding privacy-preserving DeFi capabilities, rather than competing with it. While not confirming a partnership, Schwartz's recognition highlights the project's growing relevance and cross-ecosystem potential.

Ripple CTO David Schwartz acknowledged Cardano’s Midnight, which gained notice from the crypto market. The acknowledgment came roughly two weeks after Cardano founder Charles Hoskinson officially unveiled Midnight, a privacy-focused blockchain built on ideas similar to XRP’s core ideology of efficiency, regulatory compliance, and interoperability.

In brief, the Cardano Midnight (NIGHT) project is all about providing a safe and private space to create smart contracts while staying within the rules. Which potentially seeks to unlock new possibilities to use sensitive information on the blockchain.

Since its launch, Midnight has drawn notable interest. NIGHT is currently trading around $0.09075, reflecting a 7.62% increase, as per CMC data, with a market capitalization of approximately $1.5 billion. Additionally, NIGHT ranked among CoinMarketCap’s top five gainers at the time of writing, highlighting growing relevance just weeks after its debut.

Hoskinson Highlights XRP Integration Potential

Charles Hoskinson, the founder of Cardano, stressed in a post on X on December 27 that Midnight’s zero-knowledge proof architecture could greatly enhance the XRP Ledger rather than rival it.

While XRP provides transparent public ledgers for rapid and efficient transactions, Midnight offers an alternative that aims to strike a balance between privacy and regulatory compliance.

He further said that by combining Midnight with XRP, the network will have compliant, privacy-preserving DeFi capabilities, establishing XRP as a legitimate rival to established banking infrastructure. However, he also mentioned possible advantages for Cardano and Bitcoin.

Then, the recent comments from Galaxy Digital CEO Mike Novogratz, who has warned that XRP and ADA’s long-term relevance depends on proving real-world utility. By that time, the rise of Midnight challenges the context, as it addresses a specific need for privacy while being business-oriented.

With this, David Schwartz’s brief acknowledgment of Midnight got more attention. As it involves only a small recognition, it didn’t confirm any partnership with Midnight. But that shows the Midnight project’s importance and its focus on cross-ecosystem talks.

Highlighted Crypto News Today:

‌SUI Sees Mild Uptick as Price Holds Key Support Around $1.40

TagsCardanoRipple CTO

Preguntas relacionadas

QWhat is the main focus of Cardano's Midnight (NIGHT) project?

AThe Cardano Midnight project is focused on providing a safe and private space to create smart contracts while maintaining regulatory compliance, aiming to unlock new possibilities for using sensitive information on the blockchain.

QHow did Ripple CTO David Schwartz interact with the Cardano Midnight project?

ADavid Schwartz acknowledged Cardano's Midnight, which brought attention to the project, though it did not confirm any formal partnership.

QWhat potential integration did Charles Hoskinson highlight between Midnight and XRP?

ACharles Hoskinson highlighted that Midnight's zero-knowledge proof architecture could greatly enhance the XRP Ledger by providing compliant, privacy-preserving DeFi capabilities, rather than competing with it.

QWhat was the market performance of NIGHT token at the time of writing?

AAt the time of writing, NIGHT was trading around $0.09075, reflecting a 7.62% increase, with a market capitalization of approximately $1.5 billion, and it ranked among CoinMarketCap's top five gainers.

QWhat concern did Galaxy Digital CEO Mike Novogratz raise about XRP and ADA?

AMike Novogratz warned that the long-term relevance of XRP and ADA depends on proving real-world utility.

Lecturas Relacionadas

Anthropic's IPO Launch: Commercial Miracle or Valuation Bubble?

Anthropic has confidentially filed for an IPO, led by Morgan Stanley and Goldman Sachs, potentially going public by October. Following its latest $650 billion funding round, its pre-IPO valuation stands at $965 billion, with projections reaching up to $2 trillion at listing, which would make it the highest-valued private company ever. The article, written by Fu Sheng, addresses skepticism that this represents an AI bubble akin to the 2000 dot-com crash. It argues the current situation differs fundamentally. Unlike the internet bubble era, which relied on speculative narratives with little revenue, Anthropic's valuation is backed by unprecedented, measurable financial performance. Key data points include: * **Revenue Growth:** ARR skyrocketed from $10 billion in early 2025 to $470 billion by May 2026, targeting $100 billion by year-end—a growth curve unmatched in business history. * **Profitability:** It achieved operating profitability in Q2 2026 with an estimated $5.6 billion profit. * **Efficiency:** With ~3,000 employees and ~$470 billion ARR, its revenue per employee exceeds $10 million. Products like Claude Code, launched less than a year ago, already generate $25 billion in annualized revenue. * **Enterprise Adoption:** It boasts a strong enterprise client base, with 8 of the Fortune 10 and over 1,000 large firms spending over $1 million annually on Claude. The valuation is framed using a traditional SaaS model (e.g., a 10x Price-to-Sales multiple on $100 billion revenue). The author contends the core question for analysts has shifted from "How big could this be?" to "How much is it earning and will earn next quarter?" The discussion extends beyond Anthropic to a broader paradigm shift: the transition from a "carbon-based" to a "silicon-based" economy. Companies are increasingly prioritizing investment in compute and AI capabilities over human resources, as these directly scale productivity and competitive advantage. Anthropic's IPO is thus positioned not just as a corporate milestone, but as a price anchor for this new economic era.

链捕手Hace 1 hora(s)

Anthropic's IPO Launch: Commercial Miracle or Valuation Bubble?

链捕手Hace 1 hora(s)

Near Returns to the AI Stage: Transformation into a Public Chain Due to 'Payroll Difficulties,' Agent and Privacy Emerge as New Growth Narratives

NEAR Returns to AI Origins: From Payroll Struggles to Blockchain, Now Focusing on AI Agents and Privacy NEAR Protocol's journey began not with grand blockchain ambitions, but from a practical hurdle: its AI startup founders, including Transformer paper co-author Illia Polosukhin, couldn't efficiently pay international developers in 2017. This led them to pivot and build a high-performance, scalable blockchain. After years navigating various crypto narratives like sharding and cross-chain interoperability, NEAR is now leveraging its AI roots to re-enter the AI arena. A key driver is its "NEAR Intents" layer, which abstracts complex cross-chain transactions. Users simply state their goal (e.g., swap BTC for ETH), and a solver network finds the optimal route. This system has processed over $20B in cross-chain volume, generating significant fee revenue. A major growth area is private transactions via "Confidential Intents/Swaps," which hide trade details until settlement to protect against MEV and front-running. Remarkably, private swaps recently accounted for over 40% of NEAR's transaction volume, highlighting strong demand but also potential regulatory scrutiny. With its AI-founder pedigree, NEAR is positioning itself at the intersection of blockchain, AI agents, and privacy, aiming to become infrastructure for the emerging agent economy while navigating the challenges of its rapid adoption.

marsbitHace 3 hora(s)

Near Returns to the AI Stage: Transformation into a Public Chain Due to 'Payroll Difficulties,' Agent and Privacy Emerge as New Growth Narratives

marsbitHace 3 hora(s)

From Ethereum to AI's 'CROPS': What Exactly is This Set of 'Slow Variables' That Vitalik Repeatedly Emphasizes?

In recent discussions, Vitalik Buterin has frequently emphasized the concept of "CROPS," a framework defining core values for Ethereum's development. CROPS stands for Censorship Resistance, Capture Resistance, Open Source, Privacy, and Security. Initially outlined in the Ethereum Foundation's "EF Mandate," it represents a commitment to user sovereignty, ensuring that the network resists external control, remains open, protects privacy, and prioritizes security. The relevance of CROPS extends beyond Ethereum's foundational principles, becoming crucial in the context of AI integration. As AI agents begin handling wallet operations and automated transactions, the risk increases that users may cede control over their digital assets, privacy, and intentions to centralized AI service providers. A "CROPS AI" would therefore emphasize local execution where possible, privacy-preserving remote model calls (e.g., using zero-knowledge proofs), and transparent, verifiable processes to maintain user agency. Vitalik highlights a significant convergence between "CROPS Ethereum access layer" and "CROPS AI." Both address the same fundamental challenge: how users can access powerful services—be it blockchain data via RPCs or AI models—without exposing sensitive information or relinquishing ultimate control. This intersection points toward a future digital entry point that is more private, secure, and user-controlled. Ultimately, CROPS is not merely an abstract ideal but a practical guidepost. It steers development—from protocol resilience and wallet design to AI agent safety—towards a future where users retain self-sovereignty even as digital systems grow more complex and powerful. In an era of accelerating AI adoption, these "slow variables" of censorship resistance, openness, privacy, and security may define Ethereum's enduring value.

marsbitHace 3 hora(s)

From Ethereum to AI's 'CROPS': What Exactly is This Set of 'Slow Variables' That Vitalik Repeatedly Emphasizes?

marsbitHace 3 hora(s)

Trading

Spot
Futuros

Artículos destacados

Cómo comprar NIGHT

¡Bienvenido a HTX.com! Hemos hecho que comprar Midnight (NIGHT) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar Midnight (NIGHT) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu Midnight (NIGHT)Después de comprar tu Midnight (NIGHT), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear Midnight (NIGHT)Tradear fácilmente con Midnight (NIGHT) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

392 Vistas totalesPublicado en 2025.12.08Actualizado en 2026.06.02

Cómo comprar NIGHT

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de NIGHT (NIGHT).

活动图片