Charles Hoskinson announces Midnight Mainnet in March: Google and Telegram as strategic partners

The privacy blockchain Midnight is in the final preparations for its mainnet launch. At Consensus 2026, Cardano founder Charles Hoskinson announced the deployment for the last week of March, drawing significant attention in the crypto community. Notably, Hoskinson shared details about strategic partnerships supporting the project.

Hoskinson’s Strategic Vision: Partnership with Tech Giants

In his keynote presentation, Charles Hoskinson emphasized the importance of institutional integration for the future of decentralized applications. According to him, Midnight has formed alliances with leading technology companies—Google being one of them, and Telegram another. These collaborations highlight Hoskinson’s goal to establish Midnight as a regulation-compliant blockchain based on zero-knowledge proofs.

Additionally, the Cardano founder announced the integration of LayerZero on the Cardano blockchain. This initiative addresses the growing demand from institutional investors for on-chain infrastructure for traditional financial assets. With this, Hoskinson positions Cardano and Midnight as key infrastructure platforms for the convergence of decentralized and traditional finance.

Market Reaction: NIGHT Leverages Momentum for Price Gains

The NIGHT token responded quickly to Hoskinson’s announcements. Its price increased by 2%, testing the psychologically important level of $0.0500. At the time of analysis, NIGHT was trading at $0.06, down 3.08% for the day—a volatility typical for coins approaching major milestones.

Even more telling is the development in the derivatives market: open interest in NIGHT futures rose over 4% to $31.72 million, while 24-hour trading volumes surged to $1.13 million. This indicates a significant increase in institutional interest ahead of the launch—a clear signal that professional investors are taking Hoskinson’s announcements seriously.

Technical Analysis: Support Formation Meets Resistance Zone

The chart technicals for NIGHT present an ambivalent picture. On the positive side, the formation of a higher low on the 4-hour chart suggests a potential trend reversal. The Relative Strength Index (RSI) has crossed above the critical 50 midline, now at 51, indicating increasing buying pressure. The MACD has also experienced a bullish crossover above its signal line—both indicators pointing toward a recovery scenario.

However, the 50-period EMA at $0.0502 acts as an immediate ceiling for further upward movement. A sustained breakout above this resistance zone would open the way to the supply zone between $0.0551 and $0.0558, where the 200-period EMA at $0.0568 also resides.

Risk Scenarios for Traders

Traders should maintain heightened risk awareness. If NIGHT falls below Wednesday’s low of $0.0472, the recovery scenario would be invalidated. Such a break would shift focus to lower support levels: initially the January 31 low at $0.0446, then the February 5 low at $0.0413.

Hoskinson’s announcements provide the fundamental framework for rising investor expectations, but the technical situation requires a convincing breakout above current resistance zones for a sustainable recovery. The upcoming mainnet event in March will be a critical catalyst—both for profit-taking and potential new investments.