- $NIGHT token airdrop impacts XRP community, boosting ecosystem activity.
- XRP holders qualify with $100 in XRP on snapshot date.
- Midnight Network emphasizes no KYC process for token claiming.
The airdrop aims to enhance cross-chain participation and bolster ecosystem engagement. Investors reacted positively, anticipating increased trading volume and liquidity from this initiative.
Impact of the $NIGHT Airdrop
In a significant move, the Midnight Network is distributing a total of 1.2 billion $NIGHT tokens among eligible XRP holders. The token allocation is part of the network’s Glacier Drop airdrop and supports cross-chain interactions. XRP holders must have maintained at least $100 worth of XRP in their wallets on June 11, 2025, to qualify. Midnight Network Team said, “The critical eligibility snapshot took place on June 11, 2025. To qualify, XRP holders needed to have at least $100 worth of XRP in their wallets on that date.”
With a claim window opening in July 2025, eligible participants can retrieve tokens by providing a valid Cardano address and signing a message from their XRP wallet. This process is designed to reward active participants while mitigating Sybil attacks. No KYC verification or fees are required, fostering a seamless claiming experience.
The airdrop’s introduction has generated notable interest within the cryptocurrency community, aiming to increase engagement across multiple chains. Midnight Network’s effort could lead to shifts in market dynamics, influencing XRP’s trading volume during the claiming period.
Cross-chain collaborations such as these airdrops have been increasingly influential in encouraging long-term holding and incentivizing users from multiple blockchain ecosystems. The integration strategy signifies a pressing interest in cross-chain capabilities, which may inspire future innovations in decentralized finance.
Enhanced XRP ecosystem activity from the airdrop could translate into potential financial shifts, possibly affecting liquidity and market behavior. Regular updates from Midnight Network’s official platforms will be crucial to monitoring these changes.
| Disclaimer: The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions. |
