The highly anticipated XRP NIGHT token airdrop (Midnight airdrop for XRP holders) is making waves in the crypto space. With Cardano’s support and favorable tokenomics, investors are awaiting the launch. Notably, millions of crypto users have become eligible for this airdrop, but there’s a delay in launch despite the early snapshot. Let’s discuss the details.
XRP NIGHT Token Airdrop and Tokenomics Explained
Midnight blockchain is a privacy-focused sidechain on Cardano using zero-knowledge cryptography. It features two tokens: NIGHT for governance and DUST for transaction fees. Notably, Cardano is coming with a massive XRP NIGHT token airdrop, and the buzz extended when the founder, Charles Hoskinson, confirmed the eligibility.
At a Consensus 2025 event, Hoskinson revealed that XRP holders will receive 5% of the total supply, i.e., 1.2 billion. Notably, NIGHT will have a total supply of 24 billion, of which 50% (12 billion) is reserved for ADA holders, 20% (4.8 billion) for BTC holders, and the remaining 30% for other chains, including XRP (1.2 billion).
Cardano Founder says if you hold
✔️ Bitcoin $BTC
✔️ Ethereum $ETH
✔️ Cardano $ADA
✔️ Ripple’s $XRP
✔️ Avalanche $AVAX
✔️ Binance $BNB
✔️ Brave $BATYou will receive the largest airdrop EVER! pic.twitter.com/8mJyCQpW0V
— Altcoin Daily (@AltcoinDaily) July 27, 2025
XRP NIGHT Token Airdrop Snapshot, Claim, and Deadline Date Explained
The snapshot for the Midnight airdrop was already taken on June 10. In that, they captured wallets carrying $100 plus XRP and supported native assets. Overall, 37M wallets across ADA, BTC, ETH, XRP, SOL, BNB, AVAX, and BAT became eligible.
The claim window for the Midnight airdrop is limited to 60 days only. However, the starting date remains unknown. After 60 days, all the unclaimed tokens will be redistributed via the 30-day Scavenger Mine program. However, they can still be reclaimed in the next 4 years with self-verification.
Considering the top crypto airdrops in recent years, the NIGHT token will be unlocked in 4 random phases over the year, with minimal price dumps. Amid all this, the launch date of the XRP NIGHT token airdrop is still unknown.
However, in an interview, Charles Hoskinson revealed that the NIGHT token launch date will be announced at Rare Evo (Aug 6–10). And the final distribution will happen in H2 2025 after the July delay.
Really enjoyed this conversation with @IOHK_Charles
We covered a lot: politics, psychedelics, his bison + black hawk, his alien search, Japan’s influence on Cardano, personal security, and of course…
Why he believes ADA is a better investment than BTC.pic.twitter.com/rB26dLLVpP
— Yano 🟪 (@JasonYanowitz) July 28, 2025
What to Expect From This Midnight Crypto Airdrop?
With a high buzz and a large number of eligible candidates, Midnight airdrop is widely considered the largest crypto airdrop ever. The airdrop not only rewards the Cardano users, but also those from other blockchains as well, including 37 million wallets.’
The hype and market discussion indicate that a major shift in investor demand is building. Experts are also eyeing this project since Charles Hoskinson has aimed for the project to become one of the top 20 cryptos in the market. If that were to happen, the token could be valued at around 41 cents.
More importantly, this will be a significant advancement for cross-chain cooperation. Now the eyes are on the airdrop launch date confirmation and distribution, whose updates may come in August.
Frequently Asked Questions (FAQs)
The XRP NIGHT token airdrop is part of Cardano’s Midnight sidechain initiatives. Here, the XRP holders are eligible for 1.2B NIGHT tokens.
Wallets holding over $100 worth of XRP as well as other selected cryptos at the time of the June 10 snapshot are eligible for the airdrop.
The launch date of the airdrop will be revealed at the Rare Evo event, scheduled for August 6-10, 2025.
Pooja Khardia
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section.
Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights.
Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry.
When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.
✓ Share: