Cardano founder Charles Hoskinson recently spoke about a unique distribution event tied to Midnight, a sidechain project developed under Input Output Global. The initiative, titled Glacier Drop, will distribute Midnight’s token freely to holders across several major blockchain ecosystems.
The announcement came as part of a video shared by Altcoin Danny (@AltcoinDaily), a well-known crypto YouTuber. Hoskinson identified holders of Bitcoin, Ethereum, Cardano, XRP, Avalanche, Binance Coin, and Brave’s Basic Attention Token as eligible. He emphasized that the airdrop was free and investors could do anything with it.
Cardano Founder says if you hold
✔️ Bitcoin $BTC
✔️ Ethereum $ETH
✔️ Cardano $ADA
✔️ Ripple's $XRP
✔️ Avalanche $AVAX
✔️ Binance $BNB
✔️ Brave $BATYou will receive the largest airdrop EVER! pic.twitter.com/8mJyCQpW0V
— Altcoin Daily (@AltcoinDaily) July 27, 2025
The Glacier Drop
Hoskinson described the Glacier Drop as a “brand new distribution mechanism” and noted its reach, estimating that 37 million accounts will receive Midnight’s token. This airdrop targets multiple blockchains and will distribute NIGHT and DUST tokens.
Under Midnight, NIGHT will function as a governance token, and DUST is designed to facilitate private transactions. What sets this airdrop apart is not just its size, but also its dual-tokenomics model, which introduces these two components.
Hoskinson also recently announced plans to integrate XRP into the Cardano ecosystem, revealing an XRP package with the Glacier Drop. The design will allow users to interact with Midnight’s blockchain using any digital asset, including XRP, which Hoskinson said would be accepted as payment for capacity.
While the announcement has implications across multiple ecosystems, the inclusion of XRP holders is especially notable. It signals a growing relationship between Ripple and Cardano, and this increased interoperability could significantly benefit both assets.
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XRP’s Role in a Multi-Chain Future
XRP’s eligibility in the Glacier Drop suggests that Midnight’s developers are acknowledging XRP’s widespread adoption and active user base. Midnight is game-changing for Cardano, and by offering XRP and other token holders access to Midnight’s token, Hoskinson is inviting them to participate in a new blockchain that emphasizes privacy, compliance, and broad asset interoperability.
The ability to pay in “any asset you want,” as Hoskinson described, highlights a deliberate move toward inclusivity and cross-chain functionality. This could position XRP not only as a beneficiary of the airdrop but also as a viable medium for interacting with Midnight’s ecosystem.
In practical terms, it means XRP could be used directly within Midnight for activities such as smart contract execution or data handling once the sidechain goes live.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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