• Charles Hoskinson is positioning Midnight as a cross-chain privacy layer designed to add compliant privacy to networks such as Bitcoin and XRP.
• He argues the protocol could expand Cardano’s reach, unlock institutional use cases like real-world asset tokenization, and challenge legacy finance.
• As a result, retail investor’s seculative interest in Midnight’s NIGHT token has surged, even as its price has fallen sharply since launch.

Charles Hoskinson is pitching his latest venture, Midnight Protocol, as more than a sidechain for Cardano.

Instead, the Cardano founder is positioning the privacy-focused platform as a shared infrastructure layer that could extend programmable privacy to rival blockchain networks, including Bitcoin and the XRP Ledger.

Hoskinson Moves Beyond Cardano With a Cross-Chain Privacy Play

In a December 27 post on X, Hoskinson argued that Midnight’s zero-knowledge proof architecture could enhance the capabilities of competing ecosystems rather than displace them.

He said that integrating Midnight with the XRP Ledger would allow the network to challenge legacy banking systems by enabling private, compliant decentralized finance. He extended the argument to Bitcoin, saying Midnight offers programmable privacy features that Bitcoin currently lacks.

Hoskinson also framed Midnight as a catalyst for Cardano itself. He suggested that the protocol could help lift Cardano’s monthly active users and total value locked by broadening the ecosystem’s utility beyond its native chain.

“Midnight makes what it touches better. Adding Midnight to XRP DeFi is going to blow the legacy banks out of the water. Adding Midnight to Bitcoin gives the world Satoshi imagined possible. Adding Midnight to Cardano supercharges our DeFi ecosystem and will 10x the MAUs, Transactions, and TVL as we are first to market with private DeFi at scale,” he claimed.

Beyond interoperability, Hoskinson pointed to the scale of the opportunity in real-world asset tokenization. He said the estimated $10 trillion market for Real-World Assets would benefit significantly from Midnight’s privacy-preserving design.

Get to know Godleak

Godleak crypto signal is a  service which provide profitable crypto and forex signals for trading. Godleak tried to provide you signals of best crypto vip channels in the world.

It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.

Godleak crypto leak service have multiple advantages in comparision with other services:

•  Providing signal of +160 best crypto vip channels in the world
• Using high tech bot to forward signals
• Without even a second of delay
• Joining in +160 separated channels on telegram
• 1 month, 3 months , 6 months and yearly plans
• Also we have trial to test our services before you pay for anything

For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features

Join for Free

☟☟☟☟☟

https://t.me/Godleakbot

Also you can check the list of available vip signal channels in the bot. by pressing Channels button.

&nbsp     

In that context, he criticized traditional finance firms for continuing to partner with the Canton Network, a permissioned blockchain, arguing that partial solutions fall short of what institutional adoption requires.

“There are no half measures or half technologies. You need an end-to-end strategy, great partners, and great communities,” Hoskinson said.

This strategy marks a shift for Hoskinson, who has historically focused on building within the Cardano ecosystem.

By promoting Midnight as a privacy layer that enhances other Layer-1 blockchains, Hoskinson is seeking to access liquidity and user bases beyond Cardano’s existing network.

That pivot has coincided with growing speculative interest in Midnight’s native token, NIGHT.

Data from CoinGecko showed that the asset recently surpassed Bitcoin and Ethereum in search volume on the platform’s trending list.

However, the token has traded with high volatility since its launch earlier this month. According to data, the token’s price has dropped by more than 80% to $0.08 as of press time.