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Reading: ‘Ton of New People’ Entering Cardano, Charles Hoskinson Brags
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Your Crypto News Today > News > Crypto > Altcoins > ‘Ton of New People’ Entering Cardano, Charles Hoskinson Brags
Altcoins

‘Ton of New People’ Entering Cardano, Charles Hoskinson Brags

August 16, 2025 2 Min Read
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  • “Ton of latest folks” coming into Cardano via Glacier drop
  • ADA surging 4% in a single day

Charles Hoskinson, the founding father of IOG, the corporate that stands behind Cardano, continues to share his pleasure concerning the profitable “Glacier drop” — a free distribution of NIGHT, the native token of the Midnight blockchain working on Cardano and leveraging its infrastructure.

Hoskinson says that this airdrop is bringing a big influx of latest customers to the Cardano blockchain.

“Ton of latest folks” coming into Cardano via Glacier drop

In accordance with the screenshots shared by Hoskinson in his latest X submit, the overall claims for NIGHT have already constituted 35,602, and a complete of 739,516,626.95 NIGHT (standing for 3.08% of the general provide) has been claimed by the neighborhood.

This means a big onboarding of latest customers to the Cardano blockchain, and it has been pushed by the natural attain of the airdrop reasonably than conventional advertising and marketing.

Hoskinson commented on that, proudly saying: “Glacier Drop is bringing a ton of latest folks into Cardano.”

Glacier Drop is bringing a ton of latest folks into Cardano pic.twitter.com/AnRVNow5Qt

— Charles Hoskinson (@IOHK_Charles) August 9, 2025

The second screenshot exhibits infographics of NIGHT token distribution on Cardano and different blockchains as nicely. Cardano is a transparent chief right here with a 63% studying.

Earlier this week, Hoskinson revealed a tweet, bragging about 11,000 redemptions for 250,000,000 NIGHT going down. His remark was stuffed with enthusiasm: “I’m blown away by the progress.”

ADA surging 4% in a single day

Hoskinson’s tweet coincides with a considerable enhance within the ADA value — over the previous 24 hours, it has surged by 3.89%, going up from $0.7812 to $0.8190, the place it’s altering arms as of this writing.

The ADA value has been growing since Wednesday; the general value surge has constituted 13.61%, following the rise of Bitcoin triggered by U.S. president Donald Trump signing the manager order that enables company retirement accounts to put money into Bitcoin and different cryptocurrencies.

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