Artículos Relacionados con Dual-Token

NIGHT, with a Daily Trading Volume of Nearly $10 Billion, Actually Comes from the 'Outdated' Cardano?

The NIGHT token, associated with Cardano's privacy-focused sidechain Midnight, recently achieved a 24-hour trading volume of nearly $10 billion shortly after its listing on major exchanges like Binance, OKX, and Bybit. Its price surged over 3x from around $0.025 to approximately $0.114 within two weeks, though it later corrected to about $0.08. Developed by Cardano’s parent company IOG, Midnight emphasizes "programmable data protection" using zero-knowledge proofs (ZKPs) accessible via TypeScript APIs, targeting enterprise adoption with optional privacy features. The project employs a dual-token model: NIGHT for governance and generating DUST, which serves as gas and privacy fees. A significant airdrop to 37 million addresses across multiple blockchains and partnerships with exchanges distributed nearly 30% of the total 24 billion NIGHT supply, fueling market excitement. Cardano plans to boost its ecosystem in 2026 with scalability upgrades, Midnight’s mainnet launch, native stablecoin integrations, and enhanced interoperability—all supported by increased funding for marketing, investments, and DeFi liquidity.

marsbit12/24 04:43