NIGHT price today and market context
| Metric | Value | |
|---|---|---|
| Price | $0.03988 | |
| Market cap | $662.27M | |
| Rank | #130 | |
| Circulating supply | 16,607,399,401 NIGHT | |
| Total supply | 24,000,000,000 NIGHT | |
| 1h change | -0.03% | |
| 24h change | -0.19% | |
| 7d change | -18.84% | |
| 30d change | +0.00% | |
| 24h volume | $15.99M |
The all-time high is $0.1185, reached on December 9, 2025, and the current price of Midnight is 66.36% below it. Midnight reached its all-time high price on December 9, 2025.
Midnight (NIGHT) is trading almost flat over the past month but has lost ground over the past week, with a 7d decline of 18.84%. Its 24h volume of $15.99M is well below the $88.17M recorded in early October, when the token rose 22.28% in a single day. Price: $0.04131; down 5.55%24h. 7d change: down 7.04%; up 0%30d. The token's economics are tied to a network that is already live. The network's public testnet launched in October 2024, while the production network went live in March 2026. NIGHT is the transferable token, and it is used for staking, governance, network security, and generating DUST, the shielded and non-transferable resource used to pay for transactions and smart-contract execution. Recent trading suggests that the production launch has not yet translated into sustained demand, and the market is pricing the token as a small, low-liquidity asset with a long recovery ahead.
Midnight price prediction 2026
Expected range for the rest of 2026 (October to December):
- Low: $0.030
- Average: $0.038
- High: $0.050
Support and resistance
- Support at $0.0350, the level where the current drawdown has paused in the recent range, and $0.0300, which implies a market cap of about $498M on circulating supply.
- Resistance at $0.0491, the price implied by the 7d change (the price a week ago was about $0.0491), and $0.0500, the top of the 2026 range.
Assumptions
- Cycle position: the token is roughly 66% below its December 2025 peak and has not formed a clear base, so the range is set around a modest recovery rather than a retest of the high.
- Flows: 24h volume of $15.99M is well below early-October levels, which limits the upside unless trading interest returns.
- Market cap math: at $0.050 the circulating market cap would be about $830M, and at $0.030 it would be about $498M.
Midnight price prediction 2027
- Low: $0.028. This assumes the token drifts lower on continued weak volume and a market cap near $465M, roughly the lower end of the 2026 range.
- Average: $0.045. This assumes the token holds the $0.035 support and works back toward the $0.049 resistance zone as production usage builds. At $0.045 the circulating market cap is about $747M.
- High: $0.070. This requires a clear break above 2026 resistance and sustained volume. At $0.070 the circulating market cap would be about $1.16B, still well below the $11.11B market cap of Monero.
Midnight price prediction 2028-2029
- Low: $0.025. This would represent a retest of levels near the 2026 range floor, implying a circulating market cap of about $415M.
- Average: $0.060. This assumes a multi-year recovery that doubles the current price, with a circulating market cap of about $996M.
- High: $0.110. This would bring the token back toward the upper part of its historical range (roughly 93% of the all-time high). At $0.110 the circulating market cap would be about $1.83B.
Supply is a constraint on these ranges. Only 16.6B of the 24B total supply is circulating, so about 7.39B NIGHT remain outside circulation. Any unlock of this supply adds to sell pressure unless demand absorbs it, which is why the averages above grow more slowly than the highs.
Midnight price prediction 2030
- Low: $0.035. Implied circulating market cap of about $581M.
- Average: $0.085. Implied circulating market cap of about $1.41B.
- High: $0.150. Implied circulating market cap of about $2.49B.
At the high, the circulating market cap of about $2.49B would be roughly 12.8% of Zcash's market cap of $19.41B and about 22% of Monero's market cap of $11.11B. Zcash and Monero are the most comparable privacy-focused assets in the market. Reaching the high would therefore require Midnight to take a meaningful share of privacy-coin attention, not just a rebound in the overall market. On a fully diluted basis, the $0.150 high would imply about $3.6B across 24B tokens.
NIGHT price prediction table
| Year | Low | Average | High | Key assumption | |
|---|---|---|---|---|---|
| 2026 | $0.030 | $0.038 | $0.050 | Recovery from current levels with support at $0.035 and resistance near $0.049 | |
| 2027 | $0.028 | $0.045 | $0.070 | Production usage builds, and the price breaks above 2026 resistance | |
| 2028-2029 | $0.025 | $0.060 | $0.110 | Multi-year adoption of the privacy network, with supply unlocks absorbed | |
| 2030 | $0.035 | $0.085 | $0.150 | Midnight captures a share of privacy-coin demand, reaching about $2.49B in market cap at the high |
What analysts and institutions forecast
| Source | Date | Forecast | Note | |
|---|---|---|---|---|
| CoinCodex (cited by Stealthex) | Late July 2026 | 2030 range $0.024 to $0.05, average near $0.032 | Model-based; baseline price was far below the current level | |
| Stealthex | Late July 2026 | 2030 range $0.022 to $0.058, average $0.033 | Uses an end-of-July price baseline of $0.018 | |
| BTCC | Late August 2026 | 2030 low $0.0226, average $0.0353, high $0.0424 | Notes the recovery is likely to be uneven | |
| Gate | Early May 2026 | 2028 at $0.04359; 2031 at $0.06378 | Long-term roadmap-based estimates | |
| Telegaon | Early October 2026 | 2026 average $0.065; 2030 average $0.180 | Above the current price; assumes strong adoption | |
| MEXC | December 2025 | 2030 target $0.50 to $0.60 | Written near launch, before a steep decline; the most bullish forecast in the set |
Forecasts disagree mainly because they use different starting prices and different adoption assumptions. The late-July estimates were built on a price near $0.018, well below the current $0.03988, so their ranges are lower than the present market supports. The Telegaon and MEXC forecasts assume a rapid adoption curve that has not yet appeared in volume or market cap data. The BTCC and CoinCodex forecasts cluster around $0.032 to $0.035 for 2030, close to this article's low-to-average band. The range in this article sits between the conservative model estimates and the adoption-driven targets.
Bull, base and bear scenarios
Bull case
- Drivers: production adoption accelerates, DUST usage grows, and privacy-coin demand returns in strength.
- 2027 implication: $0.070.
- 2030 implication: $0.150, with an implied market cap of about $2.49B, roughly 12.8% of Zcash's $19.41B.
Base case
- Drivers: steady network usage and gradual recovery in volume, with supply unlocks absorbed over time.
- 2027 implication: $0.045.
- 2030 implication: $0.085, with an implied market cap of about $1.41B, roughly 12.7% of Monero's $11.11B.
Bear case
- Drivers: volume stays weak, adoption lags, and the broader crypto market stays risk-off.
- 2027 implication: $0.028.
- 2030 implication: $0.035, with an implied market cap of about $581M, roughly 5.2% of Monero's market cap.
The bull-case ceiling is realistic only if Midnight gains a visible share of privacy-coin demand. Its 2030 market cap would still be a fraction of Zcash's current value.
Catalysts and risks
Upside catalysts that could push NIGHT above the ranges
- A sustained rise in trading volume above the early-October levels, which would indicate renewed participation.
- Visible growth in on-chain usage of DUST for transactions and smart-contract execution.
- Broader strength in privacy-focused assets, which would bring capital into the sector.
Downside risks that could push NIGHT below the ranges
- A break below $0.0300, which would put the token near the lower end of its 2026 range and imply a market cap near $498M.
- Token unlocks from the roughly 7.39B NIGHT not yet circulating, adding supply faster than demand.
- Continued weak volume, with 24h volume of $15.99M leaving the price vulnerable to sharp moves.
Bottom line
The 2026 range for Midnight is $0.030 to $0.050, with an average of $0.038, anchored by support at $0.0350 and resistance near $0.049. The 2030 range of $0.035 to $0.150 implies a circulating market cap between about $581M and $2.49B. Reaching the high would require sustained volume growth and a visible share of privacy-coin demand, while a break below $0.0300 would point toward the lower end of the range.