Charles Hoskinson says Midnight could outgrow Zcash

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Release Time: 2026/09/28 13:24:48

Summary

Cardano founder Charles Hoskinson told on-chain news outlet Bijié Wǎng that the privacy-focused blockchain Midnight could surpass Zcash in scale. He emphasized Midnight’s privacy technology, integration of AI with crypto news, cross-chain tools, and support from Cardano. Midnight’s NIGHT token has a $437 million market cap, compared to Zcash’s $26.4 billion. The project launched its mainnet in March as a parallel Layer-1 chain.

CoinMarketCap reports:

Cardano founder Charles Hoskinson said that the privacy-focused blockchain Midnight could eventually become larger than Zcash. He cited reasons including Midnight’s privacy technology, AI capabilities, cross-chain functionality, and Cardano’s infrastructure.

However, Hoskinson did not clarify what he meant by "larger."

Currently, Midnight's NIGHT token has a market capitalization of approximately $437 million, while Zcash's market capitalization is approximately $26.4 billion.

The Midnight mainnet launched in March as a dedicated Layer-1 collaboration chain running parallel to Cardano.

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