- Hoskinson confirms NIGHT token airdrop for XRP holders.
- 1.2 billion NIGHT tokens distributed as airdrop.
- Eligible wallets will impact 37 million holders globally.
Cardano founder Charles Hoskinson announced that XRP holders will receive 1.2 billion NIGHT tokens during the Midnight network launch, promoting cross-chain inclusivity.
The airdrop is significant, marking the largest in history by wallet reach, potentially impacting market liquidity and sentiment across major cryptocurrencies.
The largest airdrop ever by number of wallets has been confirmed by Cardano founder Charles Hoskinson. XRP holders will receive a total of 1.2 billion NIGHT tokens, contributing to the Midnight network’s launch.
Charles Hoskinson, known for his role in Cardano and Ethereum’s founding, announced the airdrop involving XRP, Bitcoin, and Ethereum communities. This move aims at uniting these communities through a cross-chain distribution effort.
This airdrop is poised to affect over 37 million eligible wallets worldwide, marking an unprecedented distribution scale. The tokens’ initial estimated valuation could influence market behaviors significantly across participating networks.
Charles Hoskinson, Founder, Cardano, “This is a unifying moment for the digital asset space. With XRP, Bitcoin, Ethereum, and Cardano communities all eligible, we are building bridges, not walls, across chains.”
Financial shifts may occur as XRP wallets, with holdings of at least $100 on June 11, 2025, qualify for this distribution. This mass distribution could adjust coin valuations in affected ecosystems.
Leading airdrops like Uniswap’s in 2020 are overshadowed by this event’s extent. This event showcases the potential of inclusive tech-rollouts across multiple blockchain ecosystems, without registration barriers.
Past distributions lacked the multi-chain scale seen here, potentially shifting how airdrops are perceived in the future. Such distributions can highlight changes in investor behavior and market expectations for future launches.
