Midnight Jumps 6% on Its Big Upgrade — $NIGHT
Midnight is today's top gainer in the top 100. $NIGHT is trading near $0.0467 today (Thursday, 12 November, about 1:20 PM PKT), up about 6.4% in the last 24 hours — while Bitcoin sits flat near $73,607 and most of the market is red.
What happened? Midnight, the privacy blockchain built by Cardano's team, switched on its Ledger 9 upgrade on mainnet in the last day. It adds private transfers, lets one smart contract call another, and adds Keccak-256 and ECDSA support so Ethereum tools work better with it.
The numbers behind the move are strong too. More than 1 billion NIGHT has now been redeemed through its Glacier Drop distribution, and the token has passed 71,000 holders. And Cardano founder Charles Hoskinson said "this is just the beginning" as UK-regulated Monument Bank gets ready to bring up to £250 million of customer deposits onto Midnight — the first UK bank to put retail deposits on a public chain. That news broke today around 12:15 PM PKT.
What to watch: $NIGHT traded between $0.0434 and $0.0488 in the last 24 hours. Holding above $0.043 keeps the momentum alive, and a push above $0.0488, today's high, opens the way higher. If it slips back under $0.043, the move cools off fast. Midnight's market cap is about $767 million — still small next to Cardano itself.
Do you think privacy chains like Midnight are the next big story, or is this just a one-day jump?
Educational content only, not financial advice.
#BinanceSquare #WriteToEarn #Midnight #Privacy
Midnight is today's top gainer in the top 100. $NIGHT is trading near $0.0467 today (Thursday, 12 November, about 1:20 PM PKT), up about 6.4% in the last 24 hours — while Bitcoin sits flat near $73,607 and most of the market is red.
What happened? Midnight, the privacy blockchain built by Cardano's team, switched on its Ledger 9 upgrade on mainnet in the last day. It adds private transfers, lets one smart contract call another, and adds Keccak-256 and ECDSA support so Ethereum tools work better with it.
The numbers behind the move are strong too. More than 1 billion NIGHT has now been redeemed through its Glacier Drop distribution, and the token has passed 71,000 holders. And Cardano founder Charles Hoskinson said "this is just the beginning" as UK-regulated Monument Bank gets ready to bring up to £250 million of customer deposits onto Midnight — the first UK bank to put retail deposits on a public chain. That news broke today around 12:15 PM PKT.
What to watch: $NIGHT traded between $0.0434 and $0.0488 in the last 24 hours. Holding above $0.043 keeps the momentum alive, and a push above $0.0488, today's high, opens the way higher. If it slips back under $0.043, the move cools off fast. Midnight's market cap is about $767 million — still small next to Cardano itself.
Do you think privacy chains like Midnight are the next big story, or is this just a one-day jump?
Educational content only, not financial advice.
#BinanceSquare #WriteToEarn #Midnight #Privacy
