Midnight, the native token of the blockchain associated with the Cardano ecosystem, debuted on March 11 on Binance, the world’s largest cryptocurrency exchange, triggering a surge of up to 13.5% in the first five minutes following the announcement.
Midnight (NIGHT) is trading just above $0.052. The token began trading in pairs with USDT, USDC, BNB and the Turkish lira, and Binance applied the “seed tag” label to warn about the high volatility associated with recently listed assets.
The project, introduced by Charles Hoskinson, creator of Cardano, as a next-generation blockchain, stands out for its focus on data confidentiality through zero-knowledge proof technology. Unlike fully anonymous coins such as Monero, Midnight enables the selective disclosure of information to regulators or auditors without compromising the user’s overall privacy.
As part of the listing, Binance activated its HODLer Airdrops platform to distribute 240 million NIGHT tokens, equivalent to 1% of the total supply, among users who had subscribed BNB to Simple Earn products during February 2026.
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