
Amid growing speculation about the launch of the Midnight Mainnet, Cardano founder Charles Hoskinson revealed the highly anticipated roadmap. According to the roadmap, the project is expected to launch next week, with the NIGHT token releasing on December 8, 2025.
Charles Hoskinson spoke at the Midnight Summit about the next steps for Midnight, which he describes as his “second child,” while Cardano is his first priority. The roadmap is divided into four important phases, each inspired by Hawaiian moon phases.
In view of the growing expectations for Midnight Charles Hoskinson announced the roadmap. It consists of the four phases Hilo, Kūkolu, Mōhalu and Hua. The first phase began in Q4 25 and lays the foundation for the launch of the Midnight mainnet. It is characterized by the development of smart contracts and the minting of NIGHT tokens. 4.5 billion tokens are to be distributed.
The next phase, Kūkolu, will begin in 2026 Q1 with the launch of the Genesis block. This will mark the official launch of the network. In Q2 2026, the third phase, Mōhalu, will begin, focusing on attracting more people to the community. The final phase, Hua, is scheduled to be completed in Q3 2026 with the launch of hybrid dApps.
Midnight’s NIGHT token is scheduled to hit the market on December 8, 2025. The token launch is already raising high hopes, as major exchanges reportedly want to list NIGHT on day one. Although the names of the exchanges are not known, informed sources assume that the heavyweights are on board.
Incidentally, there are rumors that Charles Hoskinson wants to leave Cardano, probably because he has been repeatedly mentioning data protection lately. Background: Midnight is a network focused on privacy and anonymity, and NIGHT is expected to be a major competitor to privacy coins ZCash and DASH. However, they will be banned in the EU by 2027 at the latest, so that NIGHT can play the role of a legal catch basin.
Cardano’s ADA token is set to witness a notable surge with the launch of the Midnight mainnet and the NIGHT token. For the past few months, ADA has been trading in the red and posting massive losses. As conversations around the NIGHT token increase, the community remains very optimistic.
Currently, ADA is at $0.4688, registering a slight increase of 0.5% in a day. But over the last week and month, the altcoin has fallen by 17% and 27%, respectively. Driven by the prevailing bullish sentiment, traders are showing increasing interest, as evidenced by the 24-hour trading volume, which currently stands at $982 million, up 5%.
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