Cardano is once again drawing market attention following fresh remarks from its founder, Charles Hoskinson. In a recent statement, Hoskinson highlighted key progress around Midnight, Cardano’s privacy-focused sidechain, while hinting at a potentially sooner-than-expected listing on Coinbase.
Cardano Founder Builds Coinbase Listing Speculation
Hoskinson recently announced that Midnight and its token, NIGHT, could soon be integrated into the largest U.S.-based crypto exchange, Coinbase. Interestingly, Hoskinson revealed this information during his regular video podcast, sparking enthusiasm among supporters and reigniting discussions around Cardano’s next growth phase. A Coinbase listing is widely regarded as a major catalyst for visibility, liquidity, and potential price momentum.
For Cardano, such a development would represent another critical step toward mainstream adoption, particularly within U.S. markets where regulatory clarity continues to shape investor participation. While there has been no official confirmation from Coinbase, Hoskinson’s remarks have heightened expectations that Midnight’s ecosystem expansion could soon intersect with one of the industry’s most influential trading platforms.
Notably, NIGHT is the only Cardano-native token to list on prominent tier 1 exchanges like Binance and Bybit. Adding Coinbase to it further reemphasizes the project’s rising traction and the broader ADA ecosystem’s maturity.
Midnight Rollout Gains Momentum
Meanwhile, it is worth noting that Hoskinson’s announcement comes just weeks after the Midnight mainnet went live on March 31. The founder maintains that this rollout occurred right on schedule, following NIGHT’s remarkable debut in December 2025.
Shortly after its launch, NIGHT significantly boosted on-chain activity, reportedly driving a 13x surge in Cardano DEX volume. This spike underscores the growing interest in privacy-focused blockchain solutions and highlights Midnight’s immediate impact within the ecosystem.
Interestingly, CoinRemark also recently reported that the privacy token climbed into the top 10 of the crypto rankings by trading volume, recording an impressive $1.22 billion in 24-hour trading volume. This rapid rise signals strong market demand and reinforces Midnight’s early traction among traders and investors.
Asian Expansion And Liquidity Push: Cardano Founder
Despite the strong start, Hoskinson acknowledged that full global liquidity has not yet been achieved. He pointed specifically to Korea and Japan as key markets still onboarding. These regions are historically significant in crypto adoption and trading volume, often acting as major liquidity hubs for digital assets. Expanding into these markets could substantially deepen NIGHT’s market presence and enhance overall ecosystem activity.
Japan, in particular, has stringent regulatory frameworks, meaning successful entry would signal both compliance readiness and institutional-grade maturity for Midnight. This phased rollout strategy suggests that Cardano is prioritizing sustainable growth over rapid, unchecked expansion. By securing liquidity across major jurisdictions, the network aims to build a more resilient and globally integrated ecosystem.
Josiah Oluwadare
