Cardano Founder Takes Dig at XRP and SOL
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Charles Hoskinson, founder of Cardano, highlighted the success of NIGHT, the native token of the Midnight network, which outperformed XRP and SOL with a 24-hour trading volume of $4 billion. Launched on Dec. 8, NIGHT is traded on major exchanges. The token's success challenges the "ghost chain" narrative about Cardano. Hoskinson predicts significant growth in TVL and MAUs with the upcoming Kūkolu Phase in 2026, emphasizing the importance of privacy in DeFi.
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