Cardano founder Charles Hoskinson name-drops XRP to drive attention toward Midnight, Cardano’s forthcoming privacy project.
The XRP Ledger and XRP holders have not always been popular amongst crypto market participants and projects. However, this tide appears to be shifting amid growing regulatory clarity and, most recently, support from President Donald Trump.
In the latest instance highlighting this, Cardano founder Charles Hoskinson has name-dropped the project to drive attention toward a key Cardano project.
On Sunday, March 2, Hoskinson sought to drive attention to the forthcoming launch of Cardano privacy protocol Midnight by highlighting that XRP holders will be among recipients of the project’s “glacier drop.”
That moment you realize that XRP is also in the Midnight glacier drop pic.twitter.com/UMtvWALfGD
— Charles Hoskinson (@IOHK_Charles) March 2, 2025
The glacier drop is a Midnight initiative geared towards incentivizing the use of the privacy protocol across major blockchains. Specifically, the project will be airdropping its token to 37 million wallets across eight major blockchains, including Avalanche, BAT, Bitcoin, BNB, Cardano, Ethereum, Solana, and the XRP Ledger.
Still, it remains unclear when Midnight will launch and when these tokens will be distributed.
Hoskinson’s recent reminder that the XRP holders are included in this airdrop comes as President Donald Trump has confirmed interest in including XRP in the proposed U.S. national crypto reserve.
In Truth Social posts on Sunday, Trump declared that he wanted the crypto strategic reserve to include BTC, ETH, ADA, SOL, and XRP, sending the prices of these assets soaring.
ADA, the native token of the Cardano network, has surged over 50% to trade above the $1 mark, while XRP has jumped over 15% to change hands above $2.60.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
