How Many Midnight Token Airdrop for XRP Holders?
2025-06-25
The Midnight Network, a privacy-focused blockchain developed by Input Output Global (IOG), the team behind Cardano, is conducting a significant airdrop of its native NIGHT tokens. This "Glacier Drop" is designed to distribute NIGHT tokens across multiple major blockchains, including XRP Ledger. For XRP holders, this presents an opportunity to receive a share of the new token supply, further diversifying their crypto holdings.
The airdrop has garnered considerable attention due to Midnight's emphasis on privacy-preserving smart contracts and its connection to the robust Cardano ecosystem. This article delves into the specifics of how many NIGHT tokens XRP holders can expect, eligibility requirements, and the upcoming claiming process.
Eligibility for the Midnight Airdrop for XRP Holders
To be eligible for the Midnight (NIGHT) token airdrop, XRP holders needed to meet specific criteria at a predetermined snapshot date. The snapshot occurred on June 11, 2025. On this date, wallets holding a minimum of $100 USD worth of XRP were deemed eligible to receive a share of the NIGHT token distribution. This eligibility threshold ensures that a broad base of active participants in the XRP ecosystem can benefit from the airdrop.
The Midnight Network's whitepaper confirmed that NIGHT tokens would be distributed across eight blockchains: Cardano (ADA), Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) Ledger, BNB Chain (BNB), Solana (SOL), Avalanche (AVAX), and Basic Attention Token (BAT).
This multi-chain approach aims to foster a diverse and interconnected community for the new privacy blockchain. It is crucial to remember that new XRP purchases after the snapshot date will not qualify for this specific airdrop 8.
NIGHT Token Allocation for XRP Holders
The total supply of NIGHT tokens is set at 24 billion. This substantial supply is allocated strategically across the eligible blockchains to ensure wide distribution and support the network's growth. Of the total supply, 50%, or 12 billion NIGHT tokens, are designated for Cardano (ADA) holders. Bitcoin (BTC) holders will receive 20% of the tokens, amounting to approximately 4.8 billion NIGHT.
The remaining 30% of the total supply, which translates to 7.2 billion NIGHT tokens, is to be split equally among the remaining six eligible blockchains: XRP, Ethereum (ETH), BNB Chain (BNB), Solana (SOL), Avalanche (AVAX), and Basic Attention Token (BAT). This means that XRP holders will collectively receive 1.2 billion NIGHT tokens.
The exact amount of NIGHT tokens an individual XRP holder receives will depend on their XRP balance at the time of the June 11, 2025 snapshot; larger holdings generally correspond to a larger NIGHT token allocation.
Claiming Process and Key Dates for XRP Holders
The claiming process for the Midnight (NIGHT) tokens is designed to be straightforward and accessible. Eligible XRP holders can begin claiming their tokens starting in July 2025. The distribution will occur in three distinct phases:
- Initial Claim Phase: This phase will last for 60 days, starting from July 2025. During this period, eligible users can claim their pre-allocated NIGHT tokens through a dedicated claiming portal. The claim process will only require a wallet signature and a valid Cardano address; no Know Your Customer (KYC) verification or gas fees are needed for the claim itself.
- Scavenger Mine Phase: Following the initial claim period, a 30-day Scavenger Mine phase will commence. In this phase, users who may have missed the first round or wish to earn additional NIGHT tokens can do so by completing specific computational tasks.
- Lost-and-Found Phase: This is a final opportunity for users to claim any remaining tokens. This phase extends for up to four years, after which any unclaimed tokens will be transferred to Midnight’s treasury.
It is important to note that all claimed NIGHT tokens will initially be locked in a Cardano-based smart contract to prevent a massive market sell-off upon listing. Tokens will be gradually unlocked, with only 25% releasing in four equal tranches over a one-year period. The Midnight mainnet launch is scheduled for 90 days after the "Glacier Drop" airdrop.
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Significance for XRP Holders and the Midnight Ecosystem
The inclusion of XRP holders in the Midnight airdrop underscores the project's aim for broad decentralization and cross-chain interoperability. For XRP holders, receiving NIGHT tokens offers exposure to a new privacy-focused blockchain with potential for future utility within the decentralized finance (DeFi) space.
Cardano founder Charles Hoskinson has emphasized Midnight's potential to become a leading DeFi hub, particularly benefiting the XRP community through its features like privacy-preserving smart contracts and selective data sharing.
This initiative could also foster deeper collaboration between the Cardano and XRP ecosystems, potentially leading to new possibilities in decentralized finance.
As Midnight progresses from its testnet phase to mainnet, the distributed NIGHT tokens will play a crucial role in its governance and utility. The structured release of tokens over time is designed to support the token's stability and encourage long-term participation in the Midnight Network.
Conclusion
The Midnight (NIGHT) token airdrop offers a substantial opportunity for eligible XRP holders to receive 1.2 billion NIGHT tokens, part of a broader distribution across several major cryptocurrencies.
With the snapshot completed on June 11, 2025, and the claiming process set to begin in July 2025, XRP holders who maintained at least $100 worth of XRP in their wallets on the snapshot date are poised to benefit.
The strategic vesting period for the claimed tokens, alongside Midnight's focus on privacy and cross-chain capabilities, positions this airdrop as a significant event for both the XRP community and the burgeoning Midnight ecosystem. Staying informed through official channels and adhering to the claiming procedures will be essential for eligible participants.
FAQ
Q: How many NIGHT tokens will XRP holders receive in total?
A: XRP holders will collectively receive 1.2 billion NIGHT tokens.
Q: What was the eligibility requirement for XRP holders for the Midnight airdrop?
A: XRP holders needed to have at least $100 worth of XRP in their wallet on June 11, 2025, the snapshot date.
Q: When can XRP holders claim their Midnight (NIGHT) tokens?
A: The claiming process is set to begin in July 2025 and will last for 60 days.
Q: Will the NIGHT tokens be immediately tradable after claiming?
A: No, claimed NIGHT tokens will be locked in a Cardano smart contract, with only 25% gradually unlocking in four equal tranches over a one-year period.
Q: Are there any fees or KYC required to claim the NIGHT tokens?
A: No, the claiming process will not require KYC verification or gas fees; only a wallet signature and a valid Cardano address are needed.
Q: What is the total supply of Midnight (NIGHT) tokens?
A: The total supply of NIGHT tokens is 24 billion.
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Disclaimer: The content of this article does not constitute financial or investment advice.
