Cardano founder Charles Hoskinson has officially confirmed that XRP holders are set to receive a share of the largest airdrop ever by number of eligible wallets, via the Midnight network’s native token, NIGHT. The announcement came during the Consensus 2025 event, where Hoskinson emphasized the inclusive nature of this airdrop, which spans across several major crypto ecosystems.
What you'll learn 👉
📦 1.2 Billion NIGHT Tokens Reserved for XRP Holders
According to the Midnight tokenomics, XRP holders will receive 5% of the total 24 billion NIGHT tokens, equating to 1.2 billion NIGHT. Eligibility was based on a June 11 snapshot, which captured wallets holding at least $100 worth of XRP. The larger your XRP balance at that point, the greater your share of the airdrop.
This puts XRP holders alongside other major networks – Cardano, Bitcoin, Ethereum, Solana, BNB, AVAX, and BAT – in receiving the NIGHT distribution. Hoskinson called the drop a “unifying moment” for the crypto space, highlighting it as a step toward cross-chain collaboration rather than competition.
Cardano Founder says if you hold
— Altcoin Daily (@AltcoinDaily) July 27, 2025
✔️ Bitcoin $BTC
✔️ Ethereum $ETH
✔️ Cardano $ADA
✔️ Ripple's $XRP
✔️ Avalanche $AVAX
✔️ Binance $BNB
✔️ Brave $BAT
You will receive the largest airdrop EVER! pic.twitter.com/8mJyCQpW0V
🗓️ Claim Page Live, 60-Day Window Ends Mid-September
The Midnight airdrop claim portal officially went live on July 15, and eligible users now have a 60-day window to redeem their tokens. After this period ends in mid-September, unclaimed NIGHT tokens will become accessible through computational mining in the Scavenger Mine phase, followed by a lost-and-found phase. Any remaining unclaimed tokens will eventually be transferred to the Midnight treasury after four years.
Midnight is a privacy-focused Cardano sidechain, operating with a dual-token model: NIGHT and DUST. NIGHT grants governance rights to holders, while DUST serves as gas for transactions on the network. The airdrop is part of Midnight’s rollout strategy aimed at onboarding users from across crypto’s top ecosystems.
🪙 Breakdown of NIGHT Distribution
- Cardano holders: 50%
- Bitcoin holders: 30%
- XRP holders: 5%
- ETH, SOL, BNB, AVAX, BAT: Share remaining 15%
Hoskinson stressed that the multi-chain distribution model is an attempt to bridge siloed communities and promote a more cooperative industry culture.
Read also: Here’s XRP’s Plan Until the End of 2025
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