Cardano’s Charles Hoskinson Calls Midnight ‘Next-Gen Crypto,’ Investor Asks: Sell ADA?
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The post Cardano’s Charles Hoskinson Calls Midnight ‘Next-Gen Crypto,’ Investor Asks: Sell ADA? appeared first on Coinpedia Fintech News Charles Hoskinson has sparked fresh buzz around Midnight after calling it a “next-generation cryptocurrency,” as the project continues to gain traction. The attention comes after Midnight secured a major deal with UK-based digital bank Monument to tokenize £250 million in customer deposits. The move marks a milestone, as it’s the first time a UK-regulated bank will tokenize deposits on a public blockchain while keeping them protected and interest-bearing. Hoskinson Explains the “Next-Gen” Angle Hoskinson pointed out Midnight’s unique tokenomics, noting that protocol revenue can be used to buy and recycle its NIGHT token into the treasury. This, he says, creates a sustainable model while keeping supply deflationary. He also pointed to its “capacity exchange” mechanism, calling it a key innovation that sets Midnight apart. “Midnight is leading the way… the tip of the spear,” he said, focusing on its role in bringing real-world assets onto blockchain rails. Where Does Cardano Fit In? On the other hand, Midnight has raised concerns about Cardano’s role. However, Hoskinson clarified that Cardano remains deeply integrated into the infrastructure. According to him, most commercial deals involving Midnight will still include a Cardano component, meaning both networks are expected to benefit together rather than compete. Midnight also relies on Cardano for security, reinforcing that connection. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Midnight Deal With Monument Could Drive Massive TVL Growth, Says Hoskinson , Investors Doubt ADA’s Future Though it is seen as a positive move,…
Filed under: News - @ March 27, 2026 3:27 pm