Is “New ADA” Taking the Crypto Crown From XRP? 🤯💰

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At the oh-so-secret Midnight gathering, featuring the illustrious NIGHT token, the congregation saw an earth-shattering amount of trading activity, surpassing a whopping $1 billion in just 24 hours. And oh, the shocker of the century: it even clocked more turnover than XRP on Bybit. 😲

The grand architect of Cardano, Charles Hoskinson, couldn’t help but react to this dazzling display. With the straight face of a seasoned poker player, he proclaimed that $1 billion in volume is “absolutely remarkable” for a new kid on the block. 🏗️💬

Hold onto your hats because NIGHT, priced at a crackerjack $0.069 across major exchanges, has pushed its market cap north of that $1 billion mark. At a volume-to-market-cap ratio of 96.5%, the trading activity here is bonkers! It’s akin to saying the moon is up a bit over the horizon! 🌕📈

1 billion volume. Absolutely remarkable
– Charles Hoskinson (@IOHK_Charles) December 14, 2025

Bybit, the bona fide second-largest cryptocurrency exchange in the cosmos, contributed over $650 million to this circus. Binance, Alpha, OKX, KuCoin, and Gate Circus Follow. Talk about a tight-knit family! 🎪🐎

Midnight is no trinket or short-lived jest; this is the heavyweight contender of privacy networks. Built on the mysterious arts of zero-knowledge proofs and dual-ledger architecture, its ambitions include identity systems and compliance-minded DeFi, specifically for the enterprise bigwigs. 🔐📜

NIGHT price chart reflects DOUBLE-DOUBLE-TROUBLE hype

While most of the session saw NIGHT skulking beneath $0.05, it suddenly burst into a high-octane surge towards $0.07, before settling into a sedate jam between $0.066 and $0.071. 🚀🛫

For traders, hitting the $1 billion mark is like snagging front-row seats to the big leagues of liquidity with top-tier Layer-1 ecosystems. Developers, fresh capital signals a juicy commitment to mainnet tooling and the roll-out of those enigmatic zero-knowledge (ZK) applications. 👩‍💻🛠️

For Cardano, Midnight’s breakthrough is akin to discovering a fourth dimension. The ecosystem is now considered a multi-network juggernaut where privacy, compliance, and scalability dance hand-in-hand at the splendid ball of innovation. ⚔️🤝

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2025-12-14 12:48