Cardano Creator Reacts to 'New ADA' $1 Billion Day as XRP Falls Behind

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A token for Cardano’s privacy-focused network, Midnight (NIGHT), entered active market trading, recorded more than $1 billion in 24-hour volume and market cap, even ranking ahead of XRP by turnover on...

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The volume-to-market-cap ratio currently stands at 96.5%, so to say that the trading activity for the token many may see as the \"new ADA\" is hot is to underestimate it.As was mentioned above, Bybit, the second largest cryptocurrency exchange in the world, alone accounted for over $650 million in turnover, with Binance, Alpha, OKX, KuCoin and Gate following close behind. This confirms that the activity was widespread, not isolated.Midnight is not marketed as a meme or a short-term narrative asset. 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