Midnight's NIGHT token surges up to 90% weekly as market cap tops $800 million
Midnight's NIGHT token rallied 85% to 90% over seven days, pushing its market capitalization above $800 million amid upcoming smart contract upgrades.
Midnight's NIGHT token surged roughly 85% to 90% over seven days, nearly doubling in value and outperforming other major crypto assets, according to reports from BSCNews and crypto.news. BSCNews placed NIGHT's market capitalization at just over $800 million, ranking it as the 73rd largest crypto asset, while crypto.news reported its valuation above $816 million. Both outlets noted that continued momentum puts the token within range of overtaking CAKE and AERO.[4][5]
The rally coincides with technical progress as the privacy-focused blockchain prepares for smart contract deployment. Midnight Foundation CTO Sebastien Guillemot said the network's upcoming v8 release will enable private smart contracts, allowing developers to build private contracts and mint private custom tokens, BSCNews reported. Guillemot also indicated that a v9 composability upgrade could arrive later this year, alongside a planned Midnight Node 1.0.4 update.[6]
The weekly jump builds on an earlier rally across late September and early October, when NIGHT gained 159% to reach a six-month high of $0.048, according to reports from Coin Bureau, Justin Wu, and CoinGape. That move marked the token's largest recovery since plunging 87% from an all-time high of $1.81. CoinGape noted that Charles Hoskinson said Midnight could eventually be 'bigger than Zcash,' pointing to private smart contracts and a 2027 delivery timeline as traders monitored the $0.038 to $0.040 resistance zone.[1][2][3]
Key facts
- Midnight's NIGHT token gained between 85% and 90% over a seven-day period, nearly doubling in price.
- NIGHT's market capitalization reached between $800 million and $816 million, ranking it 73rd among crypto assets and within reach of flipping CAKE and AERO.
- Midnight Foundation CTO Sebastien Guillemot announced that the upcoming v8 release will enable private smart contracts and custom token minting.
- Guillemot stated that a v9 composability upgrade could arrive later in the year, with a Midnight Node 1.0.4 update also expected shortly.
- NIGHT rallied 159% through late September and early October to reach a six-month high of $0.048, recovering from an 87% fall from its $1.81 peak.
- Charles Hoskinson said Midnight could be 'bigger than Zcash,' citing private smart contracts and a 2027 delivery timeline.
Sources · 5 sources
- JW
Justin Wu@hackapreneurPost on X ·
Gm gm fams midnight-3:native is having a pretty crazy turnaround tbh Charles Hoskinson’s Midnight token is up 159% through September and eOctober hitting $0.048 highest price in 6 months and this is after an 87% crash from ATH not exactly the chart you expected to see again What's cooking behind the scenes?
Open source - CO
CoinGape@CoinGapeMediaPost on X ·
🚨 NIGHT IS BACK IN THE SPOTLIGHT — BUT WHAT’S DRIVING THE RALLY? #NIGHT surged nearly 159% to $0.048 in late September after plunging 87% from its $1.81 peak. Now, Charles Hoskinson says Midnight could be “bigger than Zcash,” citing private smart contracts and a 2027 delivery timeline. 👀 With traders watching the $0.038–$0.040 resistance zone and the upcoming v8 private smart contract launch, could the next major move be taking shape? 🔗Know More in the comments.
Open source - CB
Coin Bureau@coinbureauPost on X ·
JUST IN: Charles Hoskinson’s Cardano project Midnight’s token, $NIGHT, surged surged 159% in September and early October to $0.048, the highest price in 6 months. This marks NIGHT’s biggest recovery since its 87% crash from all-time highs.
Open source - BS
BSCN@BSCNewsPost on X ·
Midnight's NIGHT token just doubled in price! @MidnightNtwrk is up more than any other major crypto asset over the past week, ripping +90% and nearly doubling in price. For now, NIGHT, is only the 73rd largest crypto asset by market cap at just over $800M, but much more growth and it could flip both $CAKE and $AERO.
Open source - CN
crypto.news@cryptodotnewsPost on X ·
JUST IN: $NIGHT leads major crypto gains with a 85% weekly surge Midnight’s token has nearly doubled over the past seven days, pushing its market cap above $816M and putting $NIGHT within range of $CAKE and $AERO. https://t.co/EO7DIcdl9B
Open source - BS
BSCN@BSCNewsPost on X ·
NIGHT Rally Extends as Midnight Prepares Smart Contracts Midnight’s (@midnightfdn) midnight-3:native token has gained 50% in seven days, extending its rally for eight consecutive days. The rise comes as the privacy focused blockchain approaches its smart contract deployment phase. Midnight Foundation CTO Sebastien Guillemot (@SebastienGllmt) said the upcoming v8 release will enable private smart contracts. The release will allow developers to create private contracts and mint private custom tokens. Guillemot also said the composability upgrade, known as v9, could arrive later this year. A Midnight Node 1.0.4 update is also expected shortly as development continues.
Open source