The founder of Cardano has continued to repeat the widespread scale of midnight air drops, confirming that it could reach 37 million people recently, including XRP holders.
He made the latest disclosure to the blockchain community during his keynote speech at Paris Blockchain Week in 2025, confirming that the upcoming Midnight Airdrop will target 37 million users across multiple blockchain networks.
Hoskinson: The fourth Crypto generation focuses on privacy
In particular, this latest comment was published on the second day of the Paris event. There, Hoskinson also presented his perspective on the ongoing evolution of the cryptocurrency industry. For context, he has broken down the development of the blockchain sector into four generation stages.
in particular, The founder of Cardano The first generation explained that they would concentrate on decentralization and lay the foundations on networks like Bitcoin. Meanwhile, the second generation introduced smart contracts and programmable blockchains, and Ethereum began rising in 2015.
Furthermore, the third phase highlighted interoperability and scalability. This is trying to address the need for networks to communicate efficiently and grow.
However, according to Hoskinson, the industry is currently moving towards a fourth generation that prioritizes privacy. He says that privacy is not just an optional feature; important Factors necessary for the growth of distributed technology.
Midnight Airdrop is an XRP holder, etc.
According to him, this is the motivation behind Cardano’s Midnight development. It is a privacy-oriented sidechain that uses advanced encryption technology to enable secure and compliant data management.
Highlighting the scope of future airdrops, Hoskinson revealed that users hold assets Selection subject This applies to blockchains such as Bitcoin, Ethereum, Cardano, and XRP. In particular, other supported networks include Solana, Binance Smart Chain, Avalanche and Polygon.
Interestingly, XRP inclusion is not surprising given the recent new “bromance” between the XRP and Cardano communities. in Recent Videos Ripple, which promotes tokenization, opens with the Cardano logo, indicating this friendly relationship between both ecosystems.
In a statement, Hoskinson emphasized that Midnight presents a cross-chain experience by using the native assets of each chain to allow XRP holders and other users to interact with the protocol.
They call this functional chain abstraction. For beginners, this means that users do not need to convert assets to interact with midnight. Whether they have ADA, ETH, BTC or XRP, they can easily do it use they On the platform.
Midnight is seeing recent developments
The upcoming midnight airdrop, known as the “glacial drop,” is a move by the Cardano Midnight team to encourage widespread adoption and cross-chain engagement.
It contains the distribution of two tokens. night, That’s right Dust is a non-transferable token used within the privacy tier for the main governance token of the midnight ecosystem and for shielded transactions.
According to the midnight team, there is a fixed supply at night, I have A central role in governance and network participation. Meanwhile, Dust focuses on enabling private transactions without sacrificing compliance.
meanwhile, In the middle of the nightThe development roadmap has gained momentum over the past few months. The project launched a series of testnet upgrades to improve developer experience, network scalability and integration preparation. Earlier this week, the team saw an impending upgrade to the testnet.
Midnight Testnet has been getting an upgrade. 🛠🛠️
More efficient nodes, simpler setups, faster proof systems, and more.If you are a block producer or developer, you need to know what’s new.
➡➡️Details +Next Step: https://t.co/c86sfrerg4
– Midnight (@midnightwrk) April 8, 2025
We also added a release overview page and compatibility matrix to help developers building On the network. Additionally, they partnered with Openzeppelin to develop a safe, privacy-focused Defi framework.
