ADA project introduction | Cardano Ecological Strategy Upgrade | Privacy Side Chain Midnight Airdrop Drives ADA Coin Value Restructuring | ADA Latest News | ADA Community Autonomy Allocation US$71 million and Midnight Cross-chain Airdrop Analysis

#Cardano announced the airdrop plan for #Privacy Side Chain Midnight at Rare Evo 2025, airdropping 2.4 billion #NIGHT tokens to more than 33 million wallets. It introduces its project foundation, airdrop layout, capital and technical route, cross-chain effect, competitive breakthrough, investment risks and ecological evolution, etc., which is a key step for ADA to transform into a multi-chain ecosystem. At the 2025 conference in Las Vegas, founder Charles Hoskinson unveiled the large-scale token distribution plan of the privacy sidechain Midnight, airdropping 2.4 billion NIGHT tokens to more than 33 million wallet addresses. This action is of great significance and marks its ecological technology leap, which may reshape the ADA value support system. As the third-generation blockchain platform, Cardano adopts a hierarchical architecture and uses an academically proven Ouroboros proof of stake consensus mechanism, its energy consumption is about 99% lower than that of the PoW network. Recently, the community voted to upgrade the core agreement with 96 million ADA (about 71 million US dollars), funds were released in stages through smart contracts, and strict assessments were set to be put into areas such as Hydra expansion plans and Project Acropolis. Midnight's "Glacier Drop" airdrop is scheduled to launch the portal on August 6. In terms of token allocation, 50% is given to ADA holders, 20% is given to Bitcoin holders, and 30% is given to other six major chain users. Qualifications are based on the on-chain snapshot on June 11, requiring a minimum wallet asset of US$100, covering 3.36 million addresses, of which the largest number of Bitcoin addresses. The release mechanism has been innovative. After the 60-day claim period, it enters the 30-day "Scavenger Mine" stage. The main network is unlocked 360 days after it is launched, and it is released randomly in four times to avoid concentrated selling pressure and respond to the pain points of "airdrop farming". The Cardano community's $71 million development fund is the first to use smart contracts to restrict funding, and release it requires verification and supervision, focusing on Layer 2 expansion, node optimization and cross-chain interoperability. Hoskinson proposed the "bond model" to form a closed loop of ecological funds. Midnight's airdrop coverage has wide coverage, bringing a multi-faceted market effect, triggering a craze for cross-chain wallet creation in the short term, attracting institutional users in the medium term, and building a privacy computing ecosystem in the long term. Its "selective disclosure" mechanism balances compliance and privacy. From the perspective of competition, Midnight has a differentiated path. After airdrop, the active address and DEX transaction volume on the Cardano chain have increased, and the ADA price may have a breakthrough. Investors need to pay attention to token inflation pressure, technical execution risks and regulatory adaptability. From the perspective of institutions, the valuation parameters of the privacy agreement have changed, and NIGHT tokens have certain valuation expectations. Cardano's future development will be optimistic and challenging, and the progress of the use of US$71 million in development funds has attracted market attention. This airdrop is the key to Cardano's transformation to a multi-chain ecosystem. Its value proposition is changing, and investors need to track relevant core indicators. [Note⚠️, cryptocurrencies are high-risk investments, and you may lose all your principal. If you don’t understand, it is recommended not to participate. This video does not have any investment advice, it is shared only as information] #ADA project introduction#Cardano #Privacy sidechain Midnight #Midnight #Midnight Airdrop#ADA Coin#ADA latest news | ADA Community Autonomy