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

TheNewsCryptoPubblicato 2025-12-29Pubblicato ultima volta 2025-12-29

Introduzione

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.

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Domande pertinenti

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.

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Benvenuto in HTX.com! Abbiamo reso l'acquisto di Midnight (NIGHT) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente MidnightNIGHT.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva Midnight (NIGHT)Dopo aver acquistato Midnight (NIGHT), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia Midnight (NIGHT)Scambia facilmente Midnight (NIGHT) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

324 Totale visualizzazioniPubblicato il 2025.12.08Aggiornato il 2026.06.02

Discussioni

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