Is Midnight Protocol the Engine That Sends ADA Soaring?

Crypto analyst Dan Gambardello has identified the upcoming launch of Midnight, a privacy-focused protocol built on Cardano’s infrastructure, as one of the most powerful potential catalysts for the ADA token this cycle.

He argues that Midnight’s deep integration with Cardano is designed to drive value, development, and capital directly back to the main ecosystem.

“This isn’t some side project,” Gambardello emphasized. “Midnight is Cardano growing into a foundational layer for a new wave of Web3.”

Midnight: A Cardano-Centric Privacy Protocol

Midnight is a>

• 50% of the Knight token supply is being distributed to Cardano wallets
• Staking pools (SPOs) running Cardano infrastructure will be able to earn Knight without sacrificing ADA rewards
• All Knight token movement is governed by Cardano protocol rules, reinforcing on-chain trust and preventing inflation

This design is not only a technical integration but also a value transfer mechanism, effectively funneling attention, development, and capital back to ADA.

Analyst Predicts ‘Top 25’ Potential for New Token

Gambardello predicts that Knight could rocket into the top 25 crypto assets by market cap, drawing comparisons to tokens like Aptos, Sui, and Worldcoin, which surged into top rankings shortly after launch.

While Midnight lacks heavyweight VC support, it compensates with the backing of Input Output Global (IOG) and the unmatched enthusiasm of the Cardano community, one of the most active and passionate in the space.

Related: Altcoin ETF Approval Odds for XRP, DOGE, and ADA Hiked to 90% by Bloomberg

“In a bull market, narrative is everything,” he said. “And the Knight narrative has it all — privacy, compliance, decentralization, and Cardano.”

Airdrop and Bridge to Drive Ecosystem Value

While the snapshot for the airdrop has already taken place, eligible ADA holders (those staking in self-custody wallets like Daedalus or through SPOs) will soon be able to claim their share of Knight tokens via a multi-phase distribution portal. Exchanges like Binance or Coinbase, however, do not qualify for the drop if users left ADA staked there.

Related: Cardano (ADA) Price Prediction for June 24 2025

Midnight is also building a two-way bridge that will enable Cardano to observe and interact with Midnight directly, establishing a true multichain dynamic while keeping ADA at the center.

Gambardello sees this as just one of several bullish narratives unfolding for Cardano. From Bitcoin DeFi to regulatory-compliant smart contracts, Cardano is positioning itself as a serious Layer 1 player prepared for the coming wave of Web3 adoption.