Will Cardano’s Cross-Chain Glacier Drop Boost ADA Price in 2025?

• Cardano’s Midnight sidechain will airdrop tokens to 37 million wallets across eight blockchains.
• ADA is holding strong above key support, with Fibonacci targets pointing to $0.88 and beyond.
• Charles Hoskinson’s VC-free “Glacier Drop” aims to shift crypto from competition to collaboration.

At Consensus 2025 in Toronto, Cardano’s Charles Hoskinson unveiled a bold initiative to end crypto’s “tribal warfare” by distributing Midnight tokens to an estimated 37 million wallets across eight major blockchains. 

Dubbed the “Glacier Drop,” the move could put ADA token on a bullish path, potentially resulting in a new all-time high by the end of the current bull cycle. 

A Radically Inclusive Approach

Midnight, Cardano’s privacy-focused sidechain currently in testnet, is taking a radically inclusive approach. The Glacier Drop will distribute both governance (NIGHT) and transaction (DUST) tokens to users across leading networks like Ethereum, Solana, and Bitcoin. 

Thanks @CoinDesk for explaining how novel is the @MidnightNtwrk Glacier Drop and how it embraces ecosystems by airdropping $NIGHT to 37 millions wallets across top-tier L1 blockchains.#Confi…

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