Cardano's Midnight Protocol Launches NIGHT Token, Boosting Privacy and ADA Ecosystem

The Cardano blockchain has significantly enhanced its privacy capabilities with the official launch of the Midnight protocol and its native token, NIGHT. Midnight, a data-protection-based sidechain developed by Input Output Global (IOG), introduces a new paradigm of "programmable privacy" to the Cardano (ADA) ecosystem. This launch allows developers to build decentralized applications (dApps) that safeguard sensitive commercial and personal data while remaining compliant with regulations. The NIGHT token is central to the network, used for fees, staking, and governance. This major upgrade is seen as a key step in Cardano's development roadmap, potentially attracting more enterprise and developer interest to the ADA network by solving critical data privacy challenges in Web3.