FeesSafety
Pluang+

Hoskinson's new project may boost Midnight's NIGHT token before benefiting Cardano's ADA holders.

Protocol Fundamentals
04 Nov 2026, 15:22 WIB
Dailycoin
View Source
Neutral
Hoskinson's new project may boost Midnight's NIGHT token before benefiting Cardano's ADA holders.

Charles Hoskinson, Cardano's founder, teased an undisclosed major project that could initially increase demand for Midnight's NIGHT token before impacting ADA holders. The project might involve a private computing framework for AI agents or privacy infrastructure across blockchains. Midnight's transaction activity has surged recently, suggesting growing network use, while ADA's current usage and locked value remain low. ADA holders may benefit later through planned staking rewards tied to Midnight, expected in early 2027, but ADA's value depends on broader application growth and reward implementation.

Cardano's ADA trades at Rp3.447 with a slight 0.52% decline as of Nov 04, 2026 20:33 WIB on Pluang. Midnight's NIGHT token is priced at Rp786, up 1.75%, showing stronger recent activity despite higher sell orders. ADA's market cap stands at Rp126,86T, much larger than NIGHT's Rp13,1T, reflecting ADA's broader investor base and longer typical hold time of 128 days compared to NIGHT's 9 days.

More News (ADA)

Cardano launches public mainnet beta of ATLAS_DEFI_, expanding its decentralized finance services.

Cardano launches public mainnet beta of ATLAS_DEFI_, expanding its decentralized finance services.

Cardano has announced the public mainnet beta launch of ATLAS_DEFI_, a decentralized finance (DeFi) platform built on its blockchain. This platform aims to provide users with various financial services, enhancing Cardano's presence in the DeFi space....

Protocol Fundamentals
Bullish
5 hours ago
Cardano (ADA) falls below $0.20, testing key support levels amid bearish signals.

Cardano (ADA) falls below $0.20, testing key support levels amid bearish signals.

Cardano (ADA) traded at $0.1925 after dropping below the $0.20 mark, with technical analysis highlighting three potential support levels at $0.1894, $0.1712, and $0.1537 if the nearer supports fail. The price is currently below its 50-day and 200-day...

Analyst Insights
Bearish
1 day ago
Cardano (ADA) drops 1.56%, nears oversold territory with RSI at 30.6

Cardano (ADA) drops 1.56%, nears oversold territory with RSI at 30.6

Cardano (ADA) traded at $0.1872, down 1.56% over the past 24 hours, with its 14-day RSI reaching 30.6, close to the oversold threshold of 30. The price closed below key moving averages and a significant retracement level of $0.1941, signaling potenti...

Technical Signals
Bearish
1 day ago
Cardano's ADA price dips below $0.19 amid 24-hour trading volatility

Cardano's ADA price dips below $0.19 amid 24-hour trading volatility

Cardano's native cryptocurrency ADA traded at $0.1880 on Binance as of Nov. 2, showing a 2.4% decline over the past 24 hours. During this period, ADA's price fluctuated between $0.1862 and $0.1939, crossing the $0.19 mark both above and below. This v...

Market News
Bearish
1 day ago
Cardano releases Node 11.2.0 pre-release for testnet ahead of Dijkstra protocol upgrade

Cardano releases Node 11.2.0 pre-release for testnet ahead of Dijkstra protocol upgrade

Cardano has published the Node 11.2.0 pre-release for DijkstraNet operators to conduct integration testing ahead of the upcoming Dijkstra protocol upgrade. This release includes most features of the Dijkstra hard fork except for Leios, which is expec...

Protocol Fundamentals
Neutral
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App