Cardano founder Charles Hoskinson has highlighted a historic milestone for the ecosystem as Midnight becomes the first Cardano Native Token (CNT) to list on Binance.
He described the development as a breakthrough that validates Cardano-based assets and could open the door for more CNTs to gain exposure on major global exchanges.
Key Points
- Binance launched a $NIGHT token airdrop for $BNB holders and subsequently listed the token for trading on its platform.
- Charles Hoskinson celebrated the development, emphasizing that $NIGHT is the first native token from the Cardano ecosystem to be listed on Binance.
- He noted that the milestone could pave the way for other Cardano native tokens to secure major exchange listings.
- $NIGHT has attracted renewed market attention, with its price rising more than 10% over the past 24 hours.
Binance Lists $NIGHT
In a recent commentary, Hoskinson celebrated Midnight’s listing on Binance and described it as a defining moment for the Cardano ecosystem. For context, Binance Alpha first listed $NIGHT for trading in December 2025.
More recently, the exchange confirmed that $NIGHT was featured as the 61st project on its HODLer Airdrops page. Through the program, users who subscribed their $BNB to eligible yield products during the February snapshot period were eligible to receive $NIGHT tokens.
Subsequently, Binance launched spot trading for $NIGHT on its main platform on March 11, opening trading pairs against $BNB, USDT, USDC, and TRY.
Cardano Founder Hoskinson Highlights Significance of the Milestone
Reacting to the announcement, Hoskinson emphasized that Midnight has become the first Cardano-native token to secure a listing on the world’s largest crypto exchange. He described the achievement as a major step that could pave the way for other Cardano-based assets seeking broader market access.
Moreover, Hoskinson stressed that securing a Binance listing remains a high bar for most crypto projects. Given that the exchange dominates global altcoin trading and serves over 300 million users, he argued that the development represents more than a routine token launch.
Midnight’s Strong Performance
Meanwhile, $NIGHT has delivered an impressive performance since its launch in December 2025. Shortly after debuting, the token surged to a billion-dollar market cap after securing listings on major exchanges, including Bybit, OKX, KuCoin, MEXC, and Gate.io.
Within a few months, the asset also emerged as one of the most widely held tokens in the Cardano ecosystem. It currently boasts 57,079 unique wallets, representing a 4.38% increase from the 54,682 wallets recorded on March 10. This date coincides with the launch of Midnight Thaw 2, which enabled users to redeem $NIGHT tokens from Cardano’s Glacier Drop airdrop.
Furthermore, the rapid growth in unique wallets signals rising interest in the token ahead of its mainnet launch scheduled for later this month. The renewed demand has also been reflected in its market performance. At press time, $NIGHT is up 10.08% over the past 24 hours, trading at $0.05406 per token.
