Cardano Founder Says ADA Midnight Project Could Become a $10B Ecosystem

Charles Hoskinson is once again getting the Cardano community talking, and this time it’s all about Midnight. In a recent podcast, Hoskinson said he’s convinced the new privacy-focused ecosystem is going to be huge

He didn’t hold back either, he expects Midnight’s valuation to grow by 10x from where it is today. For a token that only started trading this week, that’s a pretty big statement.

NIGHT Token Launches With Strong Early Momentum

The NIGHT token officially went live on December 9, and airdrops landed in wallets shortly after. CoinMarketCap lists the circulating supply at 16.6 billion tokens, which is about 69 percent of the total supply

Based on that number, Midnight entered the market with a valuation around $835 million. Trading kicked off quickly, and Bybit spot data shows NIGHT climbed as high as $0.088 on December 10

#Cardano Founder Says Midnight Heading to a $10B Ecosystem.Charles Hoskinson, the founder of Cardano, has continued to express his belief that the Midnight project will be a massive success.Speaking in a recent podcast, Hoskinson projected that Midnight would expand well… pic.twitter.com/Jc7o0ZcVo1

— TheCryptoBasic (@thecryptobasic) December 11, 2025

At that price level, the market cap briefly touched about $1.46 billion. It didn’t take long for Midnight to shift from a “hypothetical idea” to a billion-dollar ecosystem, exactly what Hoskinson pointed out.

Hoskinson Believes Midnight Is Just Getting Started

What really stands out is how confident Hoskinson is about what comes next. He said Midnight won’t remain just another Cardano-native token

According to him, it’s “going to become something bigger and beyond” with a long-term value potential of $10 billion.

He pointed out how quickly this project has evolved from an idea to a reality, and he thinks that privacy as a focus provides it with a sturdy platform for further development.

Read Also: Analyst Announces He’s Buying Cardano as ADA Price Forms Its Most Promising Pattern in Months

A Potential New Growth Engine for Cardano

Cardano has a reputation for being slow but steady, but Midnight seems like a new beginning, which involves privacy solutions, confidentiality in smart contracts, and use cases for businesses.

The initial hype surrounding NIGHT indicates that investors share this optimism. If Midnight does manage to live up to the value that Hoskinson believes it will, it has every chance of being a key part of the overall Cardano project, as important as ADA.

As of now, it appears that this project has gotten off to a wonderful start, and expectations are already through the roof. Whether it settles into this $10 billion ecosystem down the line will depend on how quickly it brings users, developers, and adoption. One thing, however, is certain, Midnight has arrived, and this story has only just started.

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The post Cardano Founder Says ADA Midnight Project Could Become a $10B Ecosystem appeared first on CaptainAltcoin.