Charles Hoskinson, the founding father of IOG, the corporate that stands behind Cardano, continues to share his pleasure concerning the profitable “Glacier drop” — a free distribution of NIGHT, the native token of the Midnight blockchain working on Cardano and leveraging its infrastructure.
Hoskinson says that this airdrop is bringing a big influx of latest customers to the Cardano blockchain.
“Ton of latest individuals” coming into Cardano by Glacier drop
Based on the screenshots shared by Hoskinson in his current X put up, the full claims for NIGHT have already constituted 35,602, and a complete of 739,516,626.95 NIGHT (standing for 3.08% of the general provide) has been claimed by the neighborhood.
This means a big onboarding of latest customers to the Cardano blockchain, and it has been pushed by the natural attain of the airdrop quite than conventional advertising.
Hoskinson commented on that, proudly saying: “Glacier Drop is bringing a ton of latest individuals into Cardano.”
Glacier Drop is bringing a ton of latest individuals into Cardano pic.twitter.com/AnRVNow5Qt
— Charles Hoskinson (@IOHK_Charles) August 9, 2025
The second screenshot reveals infographics of NIGHT token distribution on Cardano and different blockchains as nicely. Cardano is a transparent chief right here with a 63% studying.
Earlier this week, Hoskinson printed a tweet, bragging about 11,000 redemptions for 250,000,000 NIGHT going down. His remark was filled with enthusiasm: “I’m blown away by the progress.”
ADA surging 4% in a single day
Hoskinson’s tweet coincides with a considerable enhance within the ADA value — over the previous 24 hours, it has surged by 3.89%, going up from $0.7812 to $0.8190, the place it’s altering fingers as of this writing.
The ADA value has been growing since Wednesday; the general value surge has constituted 13.61%, following the rise of Bitcoin triggered by U.S. president Donald Trump signing the chief order that enables company retirement accounts to spend money on Bitcoin and different cryptocurrencies.