Charles Hoskinson, founder of Cardano and CEO of Input Output, predicts that the Midnight blockchain will eventually outgrow Zcash by 2027, thanks to its strong privacy features, cross-chain finance tools, and integration with Cardano's infrastructure. Midnight, launched in March 2026, offers selective data disclosure and separates its utility token NIGHT from transaction resource DUST. While Zcash's market cap was about $26.91 billion in late September 2026, Midnight's was $415.71 million, indicating significant growth potential. Developer interest is growing, with 37 builders participating in a recent cross-chain sprint, signaling momentum for the project’s future.
The Cardano founder's prediction about Midnight's growth comes as only 10 out of 50 major cryptocurrencies on Pluang rose today. For readers following the broader crypto market, here is Pluang's snapshot as of Sep 28, 2026 12:21 WIB: GRT rose 19.29% to Rp583 with a typical hold time of 98 days and 87% sell order activity, BAL increased 11.14% to Rp16.297 with an 85-day hold time, and EOS gained 8.13% to Rp12.649 with an 87-day hold time. The market breadth shows 39 cryptocurrencies fell today.
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