Just days after the Midnight (NIGHT) airdrop, Cardano’s DEX volumes have surged to their highest levels since December 2024. This renewed on-chain activity is now sparking fresh interest in a bullish Midnight price prediction.

Charles Hoskinson, Cardano’s founder, called the NIGHT airdrop the most successful launch in the network’s history in a major endorsement that could drive more eyes toward this new token.

MARKET: $NIGHT, Cardano Native Token, is currently the #2 trending cryptocurrency in the world.

The price increased 33% in the past 24 hours, with market cap reaching $1.1B+ and trading volume over $1B. pic.twitter.com/8seR8WqEOW

— Cardanians (CRDN) (@Cardanians_io) December 14, 2025

Top centralized exchanges (CEXs) quickly incorporated the token into their platforms, which contributed to a rapid increase in liquidity, trading volumes, and interest by the community.

Bybit currently accounts for 67% of NIGHT’s spot volume, followed by Binance’s Alpha program with a 19.6% share.

Midnight Price Analysis: DEX Volumes Explode and Could Soon Reach $100M

Although the airdrop has occurred at a point when the market is struggling to recover, Hoskinson emphasized that DEX volumes have spiked to levels not seen in months.

Data from DeFi Llama confirms this, as decentralized platforms processed nearly $68 million last week, while $16 million worth of tokens have exchanged hands since the start of this week.

Looking at the hourly chart, a symmetrical triangle has formed as a result of NIGHT’s latest price action.

High volumes across Cardano DEXs indicate strong interest in the token and favor a bullish outlook for NIGHT.

A break above the triangle’s upper bound would confirm that the token is once again moving toward $0.086.

Meanwhile, if positive momentum is strong enough, NIGHT could surge to $0.11 again, meaning a total upside potential of 96% in the near term.

Projects like Midnight show the strong upside potential that early-stage cryptos have to offer. Pepenode ($PEPENODE) could be the next crypto to explode as the project has raised millions from early backers.

Pepenode ($PEPENODE) Takes the Hassle Out of Mining and Makes It Accessible to Anyone

Mining cryptocurrencies is commonly considered expensive, complex, and challenging for beginners.

Pepenode ($PEPENODE) changes this paradigm by introducing virtual servers and gamifying the whole process.

Players simply have to buy $PEPENODE to fire up their first mining rigs and start earning meme coins.

As they climb the game’s leaderboard, they become eligible to win airdrops of top tokens like Fartcoin (FARTCOIN) and Bonk (BONK).

You can upgrade your setup to boost your rig and mine more. Up to 70% of the $PEPENODE invested in upgrades is immediately burned to reduce the token’s circulating supply.

Despite the latest market downturn, the project has managed to raise over $2.3 million, reflecting investors’ growing appetite for the token.

To buy $PEPENODE and start mining, simply head to the official Pepenode website and link up a compatible wallet like Best Wallet.

You can either swap USDT or ETH for this token or use a bank card to complete your purchase.

Visit the Official Pepenode Website Here

The post Midnight Price Prediction: Hoskinson Says It’s Cardano’s Best Launch Ever – But What Comes Next for NIGHT? appeared first on Cryptonews.

Cardano founder Charles Hoskinson has declared Midnight officially launched, describing it as the “first fourth generation cryptocurrency” and claiming it has already become “a billion dollar ecosystem heading to a $10 billion ecosystem.”

In a December 9 livestream from Colorado, recorded after he was forced to cancel an appearance at Abu Dhabi Finance Week due to severe food poisoning and a jet malfunction, Hoskinson framed the launch as both a technical milestone and an ideological statement about how cryptocurrencies should be built and distributed.

Cardano Founder Touts Midnight’s Fair Launch

Despite saying he had “not eaten in two days” and was “a little faded,” the Cardano founder focused on the scale and duration of the effort behind Midnight. “We worked on it for six years,” he said, noting “many false starts” and several technology changes before the team converged on “a roadmap and a technology stack that we feel is going to be the tech stack of the future.” Midnight’s rollout, he stressed, is structured in four phases, with the project now “in the very first phase” of that plan.

The next stage, according to the Cardan founder, will significantly expand Midnight’s capabilities. Over the coming months, the team intends to bring up a federated mainnet and an incentivized testnet, then activate “hybrid DApps with each ecosystem.”

He said “the next nine months is going to be a lot of fun” but also “a lot of work for all of us,” pointing to features such as “true hybrid applications, true multi-resource consensus, [and] true post-quantum folding schemes” that aim to “advance the state-of-the-art of all of the zero knowledge stacks.” The overarching goal, he argued, is “creating a natural easy way for people [to] get their privacy back.”

Privacy and chain-agnostic interoperability are at the core of how Hoskinson positioned Midnight. He said users are “starting to realize and starting to wake up that their privacy is not a guarantee and it’s not a given,” and criticized existing systems as “designed from the ground up to take your privacy from you.”

Midnight, by contrast, is framed as infrastructure that can be used by “every single blockchain in the space.” “What makes Midnight so special is the fact that Midnight is for everyone,” he said. “It has equal application to Solana users and Avalanche users and Ethereum users and Binance users and Cardano users and Bitcoin users and everyone else in between.”

The Cardano repeatedly emphasized distribution and launch mechanics as a deliberate rejection of the venture-driven model that dominates much of the industry. He highlighted that Midnight was brought to market “in a completely decentralized way” with “no ICO, no insiders, no VC participation.”

The outcome, in his view, is that “every single user enjoys the fact that it had a fair launch and a fair distribution and every single person was on equal footing through the Glacier Drop, the Scavenger Hunt, and now the exchange distributions.”

On that basis, he argued that “it’s still possible in 2025 to launch a cryptocurrency the way Satoshi did it” and “still possible to build something with vision and values where we can do better and not hand the world over to centralized actors, the finance of old.”

Hoskinson Warns Of Regulatory Overreach

He also used the Midnight launch to issue a broader warning about regulation and the direction of the industry if privacy-preserving infrastructure is not defended. “Right now the laws are being written. They’re written the wrong way,” he said. “If the rulemaking is done the wrong way, every single thing that makes cryptocurrency special will be taken from us.”

Hoskinson rejected a future where “only custodial wallets” exist, “every single person has to be KYC and AML,” and “only five or 10 protocols are pre-selected” and “armchair controlled by a small cabal of international bankers.” Instead, he said, “I want to live in a world where the protocols preserve and protect your rights as a human, your agency as a human, your economic identity as a human.”

Hoskinson described Midnight as “probably the fastest growing and most vocal project we’ve ever built,” pointing to “hundreds of ambassadors” coming online and a rapidly filling Discord, which he framed as a gathering point for those who believe in “freedom of association, commerce, and expression.”

He ended with a direct call to action: “I want you to join the Discord. I want you to become an ambassador and tell each and every person that we can do better. And I want you to build on Midnight.” Whatever network developers come from, he said, “just build something and show the world that you can do interesting and cool things,” adding that for him and his team, “we’re in it for life.”

At press time, Cardano traded at $0.4621.

Norton finds a flaw in the new Midnight ransomware built from Babuk code and releases a free decryptor to help victims recover files without paying a ransom.