Cardano's Hoskinson on 'New ADA': NIGHT Jumps 23.89% This Week

Source: CryptoNewsNet Original Title: Cardano’s Hoskinson Breaks Down ‘New ADA’ as NIGHT Jumps 23.89% This Week Original Link: Midnight is officially in “price discovery” mode, and that alone is changing how people talk about Cardano’s next chapter. With the early numbers being big enough to get people’s attention — not just the Cardano loyalists, but anyone who sees new liquidity pop up fast — it is going to be hard to ignore what’s happening.

According to market data, Midnight (NIGHT) is trading at $0.09209, up 23.89% over the past week. It is ranked 47th based on market cap, with a market cap of $1.52 billion. There is some activity, but it is nothing too crazy: the 24-hour volume is listed at $101.32 million, down 7.48% for the day, and the market cap figure is down 5.81%.

Battle of Two Dragons

Charles Hoskinson recently shared his perspective on watching Midnight trade, describing the market mood as a fight between two dragons. One represents the narrative that has dominated the last few years: cynicism, pessimism, and survivalist trading. This represents the crypto industry focused on survival, doing whatever it takes to make it to tomorrow.

The other dragon is the optimistic version of the industry — the one that still thinks crypto can become real infrastructure and pull billions of people in.

Hoskinson’s message is clear: NIGHT is not just a new token. It represents a whole new era, and Midnight is one of the first live tests of whether optimism can still win on public markets.

If holders keep climbing and the volume starts rising with them, the weekly pump looks like a launch success turning into a trend.