Will Midnight be a hit? Charles Hoskinson details an ambitious strategy for Cardano's privacy rival

The creator of Cardano is moving important pieces. Charles Hoskinson, a key figure in the development of the Cardano blockchain, has released a series of announcements that promise to shake up the ecosystem — and consequently, significantly impact the value of ADA.

The Midnight Move

Midnight is Cardano’s strategic bet in the privacy segment. Unlike other blockchains that focus solely on speed or scalability, this project doubles down on protecting user data. During a recent video, Hoskinson outlined the next steps of this offensive.

The privacy blockchain will launch a weekly podcast called ‘Night Shift,’ which will serve as a bridge between developers and the community. But there’s more: the project will also launch an ambassador program, multiplying voices that promote Midnight’s vision. It’s the classic viral growth strategy adapted for Web3.

November Hackathon and Community Impact

The highlight will be from November 17 to 19, when the Midnight Summit takes place. It’s not just a conference: there will be a hackathon with prizes totaling $25,000 up for grabs. For devs and builders, this presents a real opportunity to monetize ideas while exposing projects to investor radar.

The team behind this vision also draws attention — Hoskinson has been building Cardano as a collaborative project, involving various stakeholders that strengthen the decentralization narrative.

Implications for ADA

Meanwhile, Cardano continues preparing robust updates. Hoskinson highlighted that significant changes are expected by 2026, signaling that the blockchain is not sleeping. With Midnight gaining traction and infrastructure improving, pressure on ADA’s price is likely to increase — in theory.

In practice? Everything depends on execution. Privacy coins have a heated market, but also face regulatory hurdles. The success of Midnight is not guaranteed, only promising.