Cardano Midnight Nears Mainnet Launch As Kukolu Phase Begins
According to the latest update from the development team, the Kukolu phase represents a“safe port” stage. It confirms that the network infrastructure is now stable enough to support real applications. Developers and partners are invited to build and test live products without concerns over system resets or operational instability.
Native Token NIGHT Now Fully FunctionalWith Kukolu underway, the Midnight ecosystem's native token, NIGHT, is now usable across the network. Liquidity has reached a level where users can freely trade and carry out transactions. The economic layer of the blockchain is now active, allowing incentives to function as intended.
The recent transition also enables the use of NIGHT in a fully operational environment. This supports the network's broader goal of combining privacy with utility.
Privacy-Centric Applications Ready for DeploymentThe Midnight team confirmed that all deployed decentralized applications (dApps) will uphold privacy standards by default. These dApps are designed to protect user data while enabling confidential transactions and preserving anonymity.
The latest phase positions developers to begin testing privacy-first use cases directly with users. This new capability reflects a significant step forward in the broader adoption of secure blockchain services.
Despite launching in December 2025 with strong momentum, Midnight's token has faced notable market challenges. After reaching an all-time high of $1.81, the price has dropped below $1. As of the time of writing, NIGHT trades at $0.08862, with a 4.6% increase over the past 24 hours.
Trading activity showed a slight recovery, with NIGHT rising from $0.08337 to a daily high of $0.0899. While technical indicators suggest a possible bullish trend, overall trading volume remains subdued.
Crypto Investing Risk WarningCrypto assets are highly volatile. Your capital is at risk. Don't invest unless you're prepared to lose all the money you invest.
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