Exchanges have announced plans to airdrop the upcoming Cardano NIGHT token to holders of major cryptocurrencies, including ADA, Bitcoin, Solana, and XRP. The move is drawing strong attention across the crypto market as it expands the reach of the Midnight token beyond its native ecosystem ahead of launch.
OKX Airdrop to Include ADA, BTC, SOL, and XRP Holders
According to a release, OKX has revealed that it will airdrop NIGHT tokens to platform users holding ADA, BTC, SOL, XRP, BNB, ETH, BAT, and AVAX. The exchange confirmed that the airdrop will be handled automatically, meaning qualified users won’t need to complete any additional steps beyond maintaining their balances on the platform.
OKX added that access to the airdrop will vary by jurisdiction, and due to regulatory limitations, the token distribution will not reach some regions. Eligible users will receive their tokens through a tiered distribution model, with ADA holders getting 50% of the airdrop pool.
Bitcoin holders will receive 20%, while holders of the remaining eligibility tokens, including SOL and XRP, will share the remaining 30%. Additionally, OKX will greenlight trading of the NIGHT token on its exchange as soon as the airdrop distribution commences.
Meanwhile, by targeting holders of multiple major cryptocurrencies, OKX is positioning its NIGHT token airdrop as a cross-chain event rather than one limited solely to Cardano supporters. This could give NIGHT immediate exposure across some of the largest crypto communities, potentially boosting liquidity and early trading activity once the token becomes available.
Binance And Kraken Follow Suit With NIGHT Token Airdrop
Aside from OKX, several crypto exchanges have also confirmed support for the upcoming NIGHT token and announced plans to not only list it but also airdrop it to platform users. Among such exchanges is Binance, which, in an X post, announced that the NIGHT token will be listed on Binance Alpha for trading today. Further, users with at least 230 Binance points can claim an airdrop of 600 NIGHT tokens.
In addition, Kraken also announced in an X post that it will list the new token, and eligible users will get an airdrop of the token in their accounts.
Meanwhile, NIGHT, the native token of the Midnight protocol, has been linked to Cardano’s next wave of technical upgrades, which include advancements in privacy, scalability, and identity-focused infrastructure. Interestingly, the Midnight Foundation had announced in August that it plans to airdrop 24 billion NIGHT tokens to eligible members of the crypto community, with 4.5 billion set to be distributed on December 10.
Investor Sentiment and What to Watch Next
Market reaction to the airdrop announcement has remained largely positive, particularly among ADA holders, who view the distribution as a value-added event rather than a dilution risk.
Furthermore, if executed effectively, the NIGHT airdrop could serve as a key catalyst for renewed attention to Cardano and its expanding multi-chain ambitions. According to CoinMarketCap, ADA has seen a 24-hour high of $0.453 and currently ranks 10th in the crypto market.
Temitope Olajide
The CoinRemark Team
