Midnight (night), a privacy-centric blockchain within the cardano ecosystem, has rapidly entered the top 100 cryptocurrencies, showing a 7% gain in 24 hours. this strong performance, coupled with cardano founder charles hoskinson's high praise (comparing it to a 'manhattan project'), indicates significant positive sentiment for night and a potential halo effect for ada, its parent ecosystem. the article also notes a broader rally in privacy coins like zcash (zec) and monero (xmr).
The information comes from u.today, a reputable crypto news source, citing specific price movements (7% gain, $1.4b market cap) and direct quotes from cardano's founder. the data on market performance is verifiable via coingecko.
Night's significant price surge and rapid entry into the top 100, alongside strong endorsement from charles hoskinson, are clear bullish indicators. the article also highlights a 'privacy coin rally' benefiting zec and xmr, suggesting broader positive momentum for this sector. for ada, a successful and highly anticipated spin-off like midnight reflects positively on the ecosystem's innovation and growth potential.
The immediate 7% gain and rapid rise into the top 100 reflect a strong short-term effect. however, hoskinson's 'manhattan project' comparison and midnight's strategic role in private defi and interoperability suggest a significant long-term vision and potential impact on the cardano ecosystem and the broader crypto space.
Cover image via u.today Read U.TODAY on Google News Midnight (NIGHT) price in best performers, cements itself in top 100 ZEC, XMR in green: Privacy coins rally is back? Advertisement Midnight (NIGHT), a privacy-centric blockchain of the Cardano (ADA) ecosystem, jumped into the top 100 in less than three weeks after the token's launch. In 24 hours, it has outperformed all major rivals and shines as one of the best-performing coins. Midnight (NIGHT) price in best performers, cements itself in top 100 Today, on Dec. 27, 2025, while the cryptocurrency market benchmark is down by 1.3%, only a few cryptocurrencies managed to deliver positive gains. NIGHT, the core native utility and governance crypto of Midnight Network, is among the top performers. Image by CoinGecko In 24 hours, NIGHT gained 7%. The price of NIGHT hit a local high over $0.086323. The aggregated capitalization of NIGHT jumped past $1.4 billion. HOT Stories Crypto Market Prediction: Bitcoin Could Spike Above $90,000, Shiba Inu (SHIB) Hits Hidden Reversal Level, Will Ethereum's (ETH) New Year Pump Happen? Fidelity’s Macro Guru Turns Bearish on Bitcoin Morning Crypto Report: Legendary Trader Speaks out on $24,111 Bitcoin Anomaly on Binance, Cardano's Hoskinson Calls out New Project and Brings up XRP, Dogecoin (DOGE) Posts 'Naughty List' CZ Reacts to Trust Wallet Hack. Are Funds SAFU? The token is only outperformed by Zcash (ZEC), the flagship coin of the Q4, 2025 privacy crypto season. ZEC's price surged by 13.8% and hit $508. Advertisement Canton Network (CC), an RWA-focused blockchain, saw its token posting similar gains. On ultra-low trading volume, the capitalization of CC exceeded $4 billion. As covered by U.Today previously, Midnight Network, launched on mainnet this December, is an EVM-compatible privacy-centric spin-off of Cardano (ADA), a veteran PoS blockchain. You Might Also Like Tue, 12/23/2025 - 09:57 Key Functionality for Cardano and Midnight Introduced by Developers By Arman Shirinyan Advertisement The blockchain is designed to meet the increased interest in private DeFi as well as the interoperability between Cardano's UTXO design and EVM blockchains. ZEC, XMR in green: Privacy coins rally is back? Cardano (ADA) founder Dr. Charles Hoskinson is betting big on Midnight, comparing it to the "Manhattan project" of crypto. You Might Also Like Fri, 12/26/2025 - 09:18 Cardano Creator Dubs 'New ADA,' Midnight, A 'Manhattan Project' By Gamza Khanzadaev All top-five cryptocurrencies are down today. The aggregated capitalization of the crypto market has all chances to drop below $3 trillion. By contrast, privacy coins like Zcash (ZEC) and Monero (XMR) are gaining traction. It is interesting that both are rivals for the 22nd largest cryptocurrency position. You Might Also Like Fri, 12/19/2025 - 16:02 Zcash (ZEC) Jumps 12% in Most Unusual Comeback By Godfrey Benjamin ZCash (ZEC), Monero (XMR) and some smaller cryptos like COTI, TORN, RAIL were catalyzed by the "privacy rally" momentum in the last months of 2025. #Cardano Midnight #ZCash News #Monero News