Charles Hosinson, the founder of Cardano, has celebrated a major achievement for the Midmark Network (Night) tokens launched through the glacier aircraft. In a post on X, Hoskinson expressed enthusiasm at the rapid adoption of the project.
Within 24 hours of the launch, Midnight recorded a remarkable engagement. Hosinson revealed, “Already 11,000 redemption for 250,000,000 nights! This response highlights the strong community support for cardano midnight, which is a layer -2 solution built on the cardano protocol.
Adoption shows room for eclipse development
Although some people may consider 11,000 redemption as modest, Hoskinson believes that adoption will continue. Many users are still learning how to redeem their tokens. Some are reported, especially with laser wallet integration. The Devilopment team is addressing these opposition to simplify the process.
Related article: Charles Hoskinson clarified Midnight’s confidentiality after seizure allegations
Hoskinson is confident that the utility of the midnight network can reach billions of users worldwide. He sees it as a transformative provision that the couch reopening privacy and data security in decentralized applications.
Earlier, Hoskinson highlighted a partnership between Midnight and Brave Wallet. The purpose of cooperation is to enable brave advertisements and brave VPN to take advantage of Cardano’s zero-knowledge technology. This integration integrates general revenue by increasing user privacy.
Cardano community made progress of decentralized governance
Meanwhile, the Cardano community has taken a historical step decentralized government. The ADA ($ 0.72) holders recently voted to approve funds for direct core development. This step gives the community the right to maintain and upgrade the network.
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The approved funding will support scalability, interoperability and improvement in the devilpaper tool. This progression reflects the broad mission of cardano to increase blockchain effectiveness and purpose. Despite these milestones, the price of ADA is under pressure. At the time of writing, ADA trades at $ 0.7225, marking a decline of 1.92% in 24 hours. The trading volume also fell 3.77% to $ 891.3 million as the market participants reduced the activity.
With the growing community anxiety, strategic partnership and decentralized governance, Cardano continues to strengthen its ecosystem. If the adoption of the midnight network accelerates, it can pave the way for comprehensive utility and potential price recovery.
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