{"id":57210,"date":"2025-11-07T06:46:41","date_gmt":"2025-11-07T06:46:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=57210"},"modified":"2025-11-07T06:46:41","modified_gmt":"2025-11-07T06:46:41","slug":"cardano-holds-0-52-as-midnight-passes-1m-mining-addresses-is-a-trend-shift-coming","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=57210","title":{"rendered":"Cardano Holds $0.52 as Midnight Passes 1M Mining Addresses \u2014 Is a Trend Shift Coming?"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">Cardano Price Prediction comes into focus after Midnight hits 1M mining addresses and ADA holds key support.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Midnight Protocol has passed 1M mining addresses, an update shared on X by Sebastien Guillemot.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">~200,000 direct claims<br \/>&gt;1,000,000 addresses mining<br \/>\u2013 large dApps (ex: Minswap) distributing tokens<br \/>\u2013 KYC&#8217;d sites (Kraken, Gate, more coming) distributing<\/p>\n<p>So many NIGHT holders already<\/p>\n<p>Obvious bet: more NIGHT holders are coming <a href=\"https:\/\/t.co\/Q0GndfBEVh\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/Q0GndfBEVh<\/a><\/p>\n<p>\u2014 Sebastien Guillemot (@SebastienGllmt) <a href=\"https:\/\/twitter.com\/SebastienGllmt\/status\/1986288417802711385?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">November 6, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\">The early activity was also reported in connection with the NIGHT token, where there were over 200,000 direct claims.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The figures also indicate the consistent momentum and the increased interest in the model of Midnight.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Cardano\u2019s ADA is trading quietly in the mid-$0.52 range as this new milestone on its Midnight partner-chain brings attention back to core fundamentals.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-306166 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/11.6.25-1.png\" alt=\"\" width=\"866\" height=\"642\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/11.6.25-1.png 866w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/11.6.25-1-300x222.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/11.6.25-1-768x569.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/11.6.25-1-50x37.png 50w\" sizes=\"auto, (max-width: 866px) 100vw, 866px\"><\/p>\n<p><span style=\"font-weight: 400\">(<\/span><a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/cardano\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Source: Coingecko<\/span><\/a><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">The native token of the proof-of-stake network founded by Charles Hoskinson hovered around $0.52\u2013$0.55 on Friday, showing little change on the day.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Trading volume sat near $0.86-$1.09Bn over 24 hours, placing its market value close to $19Bn.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Guillemot, CTO of Cardano Midnight, shared a breakdown of recent activity, noting that close to 1,000,000 unique addresses are now mining the chain\u2019s NIGHT token.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/span><\/p>\n<p><span style=\"font-weight: 400\">The milestone points to rising interest in Midnight\u2019s privacy-driven design. The network leans on zero-knowledge proofs to keep activity both verifiable and hidden.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Midnight runs as Cardano\u2019s privacy sidechain. It aims to let users share data on-chain without exposing sensitive details.<\/span><\/p>\n<p><span style=\"font-weight: 400\">NIGHT is the main token on the network. Supply is capped at 24M.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Midnight rolled out its long-planned airdrop, called the Glacier Drop, in August 2025.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The drop targeted 30M wallets across eight major blockchain ecosystems, including Cardano, Solana, BNB Chain, Avalanche, XRP Ledger, and Brave.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Claims opened on August 5 and remained available for 60 days, closing on October 4.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Cardano founder Charles Hoskinson called the launch a major step, noting it reflects six years of work.\u00a0<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<h2><b>Cardano Price Prediction: Will Cardano Break Its Downtrend and Target $1 Again?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Meanwhile, Cardano\u2019s ADA is trying to steady near support as traders look for signs of a shift in trend.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The latest chart shared by crypto analyst Lucky shows a lengthy pullback that began after a strong late-2024 rally.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Since then, ADA has stayed inside a downward channel, with repeated lower highs marking the broader slide.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-306167 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/11.6.25-2.png\" alt=\"\" width=\"888\" height=\"493\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/11.6.25-2.png 888w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/11.6.25-2-300x167.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/11.6.25-2-768x426.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/11.6.25-2-50x28.png 50w\" sizes=\"auto, (max-width: 888px) 100vw, 888px\"><\/p>\n<p><span style=\"font-weight: 400\">(<\/span><a href=\"https:\/\/x.com\/LLuciano_BTC\/status\/1986377943988511169\" rel=\"nofollow\" target=\"_blank\"><span style=\"font-weight: 400\">Source: X<\/span><\/a><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">Price action has now returned to a key demand zone that once served as the base for earlier gains. ADA is retesting this area after dipping below a short-term trendline.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The chart highlights the latest move into this zone, suggesting buyers may be active near $0.53.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A breakout from the broader downtrend in mid-2025 triggered a short recovery, showing that the price responds when market structure shifts.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The chart now shows a similar setup. The analyst suggests another upside move is possible if support continues to hold.<\/span><\/p>\n<p><span style=\"font-weight: 400\">If ADA bounces from the marked zone, the chart points to a potential mid-term climb, with a loose target area above $1.00. But if the price slips below this demand region, the bullish view weakens, and the downtrend may stay in place.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Lucky said ADA is \u201clooking good here,\u201d noting that the token is sitting close to meaningful support.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/cardano-holds-0-52-as-midnight-passes-1m-mining-addresses-is-a-trend-shift-coming\/\">Cardano Holds $0.52 as Midnight Passes 1M Mining Addresses \u2014 Is a Trend Shift Coming?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cardano Price Prediction comes into focus after Midnight hits 1M mining addresses and ADA holds key support. Midnight Protocol has passed 1M mining addresses, an update shared on X by Sebastien Guillemot.\u00a0 ~200,000 direct claims&gt;1,000,000 addresses mining\u2013 large dApps (ex: Minswap) distributing tokens\u2013 KYC&#8217;d sites (Kraken, Gate, more coming) distributing So many NIGHT holders already [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-57210","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/57210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57210"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/57210\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}