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Midnight's NIGHT token doubles in a week amid network upgrades and bank deposit tokenization plans

Protocol Fundamentals
02 Oct 2026
Tokenpost
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Bullish
Midnight's NIGHT token doubles in a week amid network upgrades and bank deposit tokenization plans

Midnight's NIGHT token surged about 100% in a week to $0.05, boosting its market cap to around $800 million as the network advances private smart contracts and tokenized bank deposits. Developers gained easier access to mainnet smart-contract deployment, and future upgrades aim to enable private contracts and composability. Monument Bank plans to tokenize up to £250 million in retail deposits on Midnight, though rollout is delayed until November. The token's rebound follows a major price drop after a July vulnerability, with sustained demand hinging on network activity and use of DUST, the resource for transactions and contracts.

The story's subject, Midnight's NIGHT token, is presented here with Pluang's broader cryptocurrency market data for context. As of Oct 03, 2026 10:21 WIB, among 50 major cryptocurrencies on Pluang, 21 rose and 28 fell today. For example, YFI rose 3.17% to Rp45.564.581 with a typical hold time of 93 days, while CAKE fell 3.03% to Rp44.795 but had a higher buy order activity at 63%. FIL increased 3.02% to Rp18.796 with 96% buy orders, contrasting with YFI's predominantly sell orders at 97%.

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