Cardano Price Jumps 1.3% On Midnight Launch Rumors, Sparking $2 Surge Speculation By Next Year

• Cardano price climbed 1.3% to $0.5698 despite lower volume, as investors reacted to new clarity around its privacy sidechain, Midnight.
• The privacy-focused Midnight network builds on Cardano’s existing infrastructure, introducing confidential smart contracts while enhancing staking rewards via its $DUST and $NIGHT tokens.
• With Hoskinson’s upcoming November 17 summit and growing demand for privacy in crypto, analysts see ADA’s path toward $1.50 by year-end and potentially $2 by mid-2026.

Cardano price has risen 1.3% in the last 24 hours to trade at 0.5698 as of 2:24 a.m. EST on a 16% drop in trading volume to $786 million.

Despite the drastically dropping volume, don’t sell your stack just yet, as fresh clarifications paint a brighter picture. The incoming new privacy project called Midnight is not splitting the family, but supercharging it

With analysts eyeing a potential climb to $2 by mid-2026, this could be the spark ADA holders have been waiting for.

ADVERTISEMENT## Is Midnight Cardano’s Ace or Stumbling Block?

The buzz started last week when whispers broke that Cardano’s developers were secretly cooking up and getting ready to launch a rival blockchain. Panicked holders feared resources would drain from ADA, leaving the main chain in the dust.

However, Alex Yue, co-founder of Tap Tools, says Midnight isn’t a competitor; it’s a sidekick. Built right on top of Cardano’s sturdy foundation, this privacy-focused chain uses the same security backbone to handle confidential smart contracts

Think of it as a secure vault in a bustling city: connected, protected, but hidden from prying eyes. Dedicated nodes craft private blocks, anchoring transactions back to Cardano’s public ledger without spilling secrets. No decentralization sacrificed, just added stealth.

ADVERTISEMENTCardano founder Charles Hoskinson couldn’t hype it more. “Midnight is my second kid,” he said, stressing it’s an expansion, not a replacement. He also announced a summit for November 17 to discuss the roadmap for the privacy-focused network.

Privacy is the Next Big Thing for Cardano Through Midnight

Input Output Global (I/O), the project’s development arm, is betting big on privacy as the next big layer. With its own tokens, $DUST for everyday use and $NIGHT for high-stakes privacy, Midnight lets users transact discreetly while leaning on ADA’s validator network for muscle

Stake pool operators, take note: you can now secure this side chain and pocket extra rewards in Midnight tokens, turning your ADA stakes into a multi-stream income machine.

The market’s waking up to the privacy wave. Coins like Zcash and Dash jumped double-digits recently, signaling demand for discreet dealings in a surveillance-heavy world. Hoskinson sees Cardano surfing this trend, not chasing it

The upcoming Midnight summit and hackathon promise fresh innovations, drawing developers and investors like moths to a flame. For ADA stakers, the message is clear: keep holding and participating

ADA Stays King, Midnight Just Adds Flair

Optimism reigns as Cardano evolves into a privacy-transparency powerhouse. With SEC chatter on Cardano ETFs heating up, with 40% odds by year-end per Polymarket, this ecosystem is thriving

ADVERTISEMENTMidnight’s launch could catapult ADA past $1.50 by December, analysts say, blending security with secrecy in ways rivals can’t touch.