Cardano Founder Says If You Hold XRP, You Will Receive the Largest Airdrop Ever

Cardano founder Charles Hoskinson recently reiterated that XRP holders, among holders of other major ecosystem native tokens, will receive the Midnight airdrop.

The largest airdrop ever in terms of reach (number of wallets) is now available for claims, and Hoskinson reaffirms that XRP enthusiasts are not left out. He shared at the Consensus 2025 event that XRP holders will participate in the Midnight airdrop.

XRP Holders Can Claim Midnight Token

Hoskinson noted that a total of 37 million wallets were deemed eligible for the Glacier airdrop. Notably, after his comments, the June 11 snapshot occurred, which captured users with at least $100 worth of XRP at the time. Notably, holders of Cardano, Bitcoin, Ethereum, Solana, BNB, AVAX, and BAT are also eligible for the airdrop.

Here’s How Many NIGHT Tokens XRP Holders Will Receive

Notably, the earlier released whitepaper for the airdrop had revealed how many NIGHT tokens XRP holders will get. The Midnight tokenomics shows that they will receive 5% of the 24 billion NIGHT tokens that will be distributed.

Specifically, this amounts to 1.2 billion NIGHT tokens, which the Midnight team will distribute according to the amount of XRP held at the time of the snapshot. This suggests that the larger your XRP holding is, the weightier your allocation.

Meanwhile, Cardano holders will receive the largest allocation, with 50% of the 24 billion NIGHT tokens reserved for them. Bitcoin holders will receive 30%, while holders of Ether, SOL, BNB, AVAX, and BAT will each share 5%.

Notably, Hoskinson shared that this diverse and multi-ecosystem-inclusive NIGHT distribution will unite the industry, a charge he has single-handedly led in recent times. Recall that the Cardano founder has advocated for a shift from the zero-sum competitiveness seen in the crypto ecosystem to cross-chain collaboration for the greater good of the ecosystem.

For the uninitiated, the NIGHT token is one of the native tokens of the Midnight network, operating under a dual tokenomics model. The Cardano sidechain will run with NIGHT and DUST as native tokens, with the former conferring governance rights to holders and the latter used as gas for Midnight transactions.