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Home»Altcoins»Cardano Midnight Network Reaches 1 Million Mining Addresses
Altcoins

Cardano Midnight Network Reaches 1 Million Mining Addresses

November 6, 2025No Comments
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Key notes

  • Sébastien Guillemot, CTO of Cardano Midnight, highlighted the key achievements of the protocol.
  • Around 1,000,000 unique addresses are engaged in mining its native NIGHT token.
  • There have also been 200,000 direct claims of the token.


ADA
$0.53



24h volatility:
3.4%


Market capitalization:
$19.25 billion



Flight. 24h:
$1.08 billion

The midnight protocol has recorded 1 million mining addresses, according to an X post by Sébastien Guillemot. The post also celebrates the rapid adoption of Midnight’s NIGHT token and over 200,000 direct claims. These results demonstrate the positive momentum and traction of Midnight’s innovative approach.

Cardano Midnight Network Celebrates Milestone

Sébastien Guillemot, CTO of Cardano Midnight, spoke to X to share some key achievements of the protocol. He noted that approximately 1,000,000 unique addresses are now engaged in mining its native NIGHT token.


This suggests that many are attracted to the protocol’s approach focused on privacy and decentralization, largely powered by zero-knowledge proofs.

~200,000 direct complaints
>1,000,000 mining addresses
– large dApps (e.g. Minswap) distributing tokens
– KYC sites (Kraken, Gate, others to come) distributing

There are already so many NIGHT holders

Obvious bet: other NIGHT holders are coming pic.twitter.com/Q0GndfBEVh

– Sébastien Guillemot (@SebastienGllmt) November 6, 2025

It is worth noting that Midnight Network is Cardano’s privacy-focused sidechain designed to mine ZK proofs for verifiable and confidential information. With a fixed supply of 24 million, NIGHT is the backbone of this protocol. Its long-awaited airdrop, nicknamed “Glacier Drop,” took off in August 2025.

Specifically, the Glacier Drop targets 30 million wallets across eight major blockchain ecosystems, such as

BTC
$101,976



24h volatility:
1.4%


Market capitalization:
$2.04T



Flight. 24h:
$59.47 billion

,

ETH
$3,319



24h volatility:
1.3%


Market capitalization:
$401.02 billion



Flight. 24h:
$31.99 billion

Cardano, Solana, BNB Chain, Avalanche, XRP Ledger and Brave. When it went live on August 5, it offered a 60-day claim window which ultimately closed on October 4.

Cardano founder Charles Hoskinson described the launch as a milestone, calling it the result of six years of hard work. In addition to the million mining addresses cited by Guillemot, Midnight has also made 200,000 claims and direct distributions through platforms like Minswap, Kraken and Gate.

It is also a sign of rapid adoption, undermining previous rhetoric on privacy protection.

Cardano strives to improve scalability and privacy

On the other hand, Hoskinson has always acknowledged his commitment to solving scalability and privacy issues with Midnight Network. Last September, he posted on X, saying: “The road to Omega is full of challenges and surprises.” Furthermore, he added that it is the solution to the scalability pillar.

The Cardano founder also referenced an earlier TapTools article highlighting the capabilities of Leios Lite, which Input Output Global plans to roll out as a major iteration. There is so much confidence in its ability to deliver a 30-55x increase in throughput to Cardano.

Ultimately, this could increase Cardano’s transaction capacity and put it in closer competition with top competitors like

GROUND
$156.9



24h volatility:
1.4%


Market capitalization:
$86.74 billion



Flight. 24h:
$5.66 billion

.

following

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article is intended to provide accurate and current information, but should not be considered financial or investment advice. Because market conditions can change quickly, we encourage you to verify the information for yourself and consult a professional before making any decisions based on this content.

Altcoin News

Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalist who enjoys writing about real-world applications of blockchain technology and innovations aimed at driving mainstream acceptance and global integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

Godfrey Benjamin on X






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