Midnight Mainnet confirmed for launch in March, recovers to $0.06 through Google and Telegram partnerships

Cardano (ADA) ecosystem’s privacy coin “Midnight (NIGHT)” is gaining market anticipation as it formalizes a specific schedule for the mainnet launch. With founder Charles Hoskinson personally announcing collaborations with big tech companies, investor sentiment is becoming more optimistic. According to recent data, Midnight has recovered to around $0.06, with a 24-hour change of -1.24%.

Big Tech Competition, a Game Changer for the Cardano Ecosystem

Cardano founder Charles Hoskinson made a bold official announcement during his keynote at “Consensus 2026.” He revealed, “We plan to officially launch the Midnight mainnet in the last week of March,” and also disclosed that “Google and Telegram are strategic partners.”

Midnight is Cardano’s partner chain utilizing zero-knowledge proofs technology to achieve privacy protection and regulatory compliance simultaneously. The mainnet launch signifies more than just a technical milestone; it lays the groundwork to accelerate traditional finance’s on-chain integration. Hoskinson’s plan to integrate the institution-only solution “LayerZero” is central to this strategy.

The futures market responded immediately. According to CoinGlass data, open interest in Midnight futures increased by over 4% in the past 24 hours, reaching $31.72 million. This indicates a surge in institutional investor interest ahead of the mainnet launch.

March Mainnet Launch, a Technical Confidence Turning Point

From a technical perspective, Midnight is at a critical juncture. The current price has recovered to around $0.06, and a “higher low” pattern is forming on the 4-hour chart. This suggests that the bottom selling pressure is easing.

Technical analysts believe that breaking through the 50-day exponential moving average (EMA) is key to a sustained rally. If this resistance is clearly surpassed, the next target range is $0.0551–$0.0558, with potential to rise to $0.0568, where the 200-day EMA is located.

Supporting indicators are also positive. The Relative Strength Index (RSI) has crossed above 51, indicating a neutral-to-bullish momentum, and the Moving Average Convergence Divergence (MACD) has crossed above its signal line, reflecting renewed bullish strength. The timing of the mainnet launch coinciding with this technical recovery could foster a positive cycle.

Managing Downside Risks, Essential Checks for Investors

However, it’s important not to focus solely on bullish scenarios. Technical risks are also evident. If the $0.0472 level breaks down, the current recovery could be invalidated. In that case, further declines toward the January 31 low ($0.0446) and the February 5 low ($0.0413) could occur.

Despite the positive news of the mainnet launch, markets remain vulnerable to unpredictable variables. The impact of the March mainnet activation on investor sentiment depends on whether technical breakthroughs are achieved. The key factors shaping Midnight’s future direction are whether it can sustain the $0.06 level and break through technical resistance, which will serve as a true test ahead of the mainnet launch.