Seize the XRP Airdrop Opportunity: 1.2B NIGHT Token Distribution Explained

2025-08-06 03:32:33
Beginner
Quick Reads
The XRP Airdrop has officially launched. XRP holders stand to receive a portion of the 1.2B NIGHT token airdrop. Review the snapshot date, eligibility criteria, and detailed claim instructions to capitalize on this cross-chain partnership opportunity.

What is the XRP Airdrop?

The “XRP Airdrop” is a major cross-chain initiative launched by Cardano. The project, led by Midnight, will distribute its native token, NIGHT, to users across multiple blockchains. XRP holders, as one of the primary participant groups, are set to receive 5% of the total airdrop—amounting to 1.2 billion NIGHT tokens. This airdrop aims to broaden Cardano’s ecosystem footprint and attract more cross-chain liquidity.


Image: https://midnight.network/

Midnight is a compliance-ready, privacy-centric Layer 2 anonymous computing network. By leveraging zero-knowledge (ZK) technology and a UTXO-based architecture, Midnight delivers a secure, reliable on-chain data environment for enterprises, developers, and users. Through this airdrop, Midnight seeks to link the XRP community with the Cardano network and expand real-world applications for its platform.

NIGHT Airdrop Scale and Distribution Logic

This airdrop has a total supply of 24 billion NIGHT, with XRP holders allocated 1.2 billion NIGHT (5%). The remaining allocations are as follows:

  • Cardano users (50%)
  • Bitcoin community (20%)
  • Ethereum and other chain users (25%)

This preferential allocation to XRP highlights its significance in cross-chain payments and the future of stablecoins in finance. XRP holders who meet the requirements within the specified timeframe will be eligible participants in the airdrop.

Snapshot Timing and Eligibility

  • Snapshot date: June 11, 2025
  • Minimum holding requirement: ≥ $100 worth of XRP
  • Number of qualifying wallet addresses: over 37,000,000
  • Airdrop claim window: July 15, 2025 to September 15, 2025

Note: To qualify, holdings must be stored in a self-custodial wallet (such as XUMM or Ledger). Assets held on exchange accounts do not count toward the snapshot.

How to Claim the NIGHT Airdrop?

  1. Visit the official Midnight website ( );
  2. Connect your XRP-compatible wallet (such as XUMM; MetaMask may require additional configuration);
  3. The system will automatically check your eligibility;
  4. Complete identity verification (KYC);
  5. The system will automatically credit tokens to your connected wallet.

The project team recommends claiming as early as possible to avoid issues like network congestion or missing the deadline.

Current Price Action and Market Response


Image: https://www.gate.com/trade/XRP_USDT

As of early August 2025, XRP is trading at around $2.93, with recent daily gains ranging between 0.5% and 1%. The preliminary valuation for the NIGHT token is approximately $0.41, but it has not yet been listed on major exchanges. The market expects a short-term bullish impact following the airdrop, though there may also be significant profit-taking and increased sell pressure.

Investment Advice and Risk Warnings

  • Short-term strategies: Capitalize on arbitrage opportunities during the airdrop event window.
  • Mid- and long-term strategies: Monitor the development of the Midnight project and future NIGHT token listings.
  • Risk warning: Participating in airdrops does not guarantee risk-free returns. Remain vigilant against phishing scams and fraudulent airdrop links.

Conclusion

The XRP Airdrop offers a unique cross-chain rewards opportunity for the XRP community and adds further momentum to Cardano’s privacy ecosystem. If you hold XRP at the snapshot, be sure to claim the airdrop promptly. This will help you take advantage of potential rewards in the Web3 era.

Author: Max
Disclaimer
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

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