Cardano (ADA) Midnight 'Surpasses 2 Billion'...Final Token Release Begins

▲ Midnight (Midnight, NIGHT), Cryptocurrency/AI Generated Image

As the amount of Midnight (NIGHT) received in the Cardano (Cardano, ADA) ecosystem surpassed 2 billion NIGHT, the final token release phase has begun.

According to TheCryptoBasic on September 15 (local time), Midnight's cumulative NIGHT receipts surpassed 2 billion NIGHT. NIGHT is Midnight's native token. Midnight is applying a method of gradually releasing allocated tokens to prevent them from flooding the market all at once.

NIGHT is released in four phases, 25% each time. The first phase ran from December 10, 2025, to March 9, 2026. The second phase continued from March 10 to June 7, and the third from June 8 to September 5. The fourth and final release period began on September 6 and will conclude on December 4.

Midnight's token distribution was centered around the Glacier Drop. Previously, approximately 3.5 billion NIGHT were claimed across 8 blockchains through the official claim portal. The total NIGHT supply is 24 billion NIGHT. Cardano users were allocated 50% of the total allocation, and Bitcoin (Bitcoin, BTC) holders received 20%. The remainder was allocated to Ethereum (Ethereum, ETH), Solana (Solana, SOL), XRP Ledger, BNB, Avalanche, and BAT holders.

Receiving a token allocation does not mean it automatically enters the wallet. Users must directly complete the claiming process for released NIGHT. Midnight designed the entire release period to be 360 days, with individual allocations being unlocked by 25% every 90 days. After the final release phase, a 90-day grace period for additional claims will also be in effect.

Midnight began the phased claiming process with the launch of NIGHT last December. This final release period continues until December 4. The cumulative amount claimed, exceeding 2 billion NIGHT, indicates that the long-running token distribution has entered its final stage.

[Article Key Summary]

-Midnight's cumulative NIGHT receipts have surpassed 2 billion NIGHT.

-NIGHT is released in four phases, 25% each, with the final period from September 6 to December 4.

-Approximately 3.5 billion NIGHT were claimed in the Glacier Drop, with 50% of the total allocation going to Cardano users.

*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*