Wetyn Midnight growth fit mean for ADA holders?

Cardano ambassador and delegated representative Leo Chen (@CardanoLeo) publish two articles for X on November 11 and 12 to examine how Midnight growth fit benefit Cardano and ADA holders. Di first one look wetin holders gain through di Glacier Drop and how di two networks dey relate today. Di follow-up examine Cardano trading data and di potential for stake pool operators and dia delegators to earn NIGHT.

NIGHT don already dey generate activity for Cardano

Di Glacier Drop give holders of eligible Cardano addresses way to claim NIGHT. Users wey hold NIGHT for Cardano fit also register am to generate DUST, di resource wey dem dey use pay for transactions for Midnight. Dat registration dey happen for Cardano and e dey incur network fee in ADA.

Referencing Super Cardano, Chen put NIGHT trading volume for Cardano as di equivalent of 23.37 million ADA over di seven days wey end November 11. Super Cardano classify about 88.5% of dat volume as organic. Chen still cite approximately 12,753 ADA in fees wey dem pay to batchers, di services wey dey process orders for some decentralized exchanges. Cardano network fees dey charged separately.

Chen cite Bitquery data wey link at least 568,000 Cardano transactions to NIGHT claims or transfers between January and August 2026, about 9.4% of di network transactions for dat period. Di figure combine distribution claims and transfers, so e never clear how much share dey attributable to regular transfers.

How ADA delegators fit earn NIGHT?

Midnight roadmap target fourth quarter of 2026 for block production rewards and first quarter of 2027 to open block production to Cardano stake pool operators. Chen see potential benefit for users wey delegate ADA to pools wey go later produce blocks for Midnight.

Operators wey participate go earn NIGHT for producing blocks. Wetin ADA delegator fit earn go depend on how di operator share rewards and how dem calculate each delegator portion. Di roadmap separately list NIGHT staking for first quarter of 2027, when holders go fit delegate NIGHT itself.

[NEWSBREAK]

Babel Fees fit give NIGHT another use for Cardano

Chen argue say Midnight privacy applications fit benefit Cardano if dem attract users and developers wey go also adopt Cardano wallets, exchanges, or other applications. E point to Babel Fees as one way to make dat process easier.

Under Input Output proposal, users fit offer supported token to cover Cardano transaction fee, while one service provider supply di ADA wey di network require. If provider accept NIGHT, users wey hold am for Cardano fit cover di fee without first acquiring ADA.

Input Output dey target first quarter of 2027 for initial release with Lace integration. Di proposal call for one single fee provider and support for two major assets, with BTC and USDC as examples. Dem never confirm NIGHT for di initial release.