Charles Hoskinson simply gave Cardano’s privateness spinoff a serious label, telling X that Midnight is ready to change into the “Manhattan Mission” of privacy-enhanced transactions (PET), chain abstraction and good compliance.
He’s not framing this as a weekend brainstorm. In line with Hoskinson, he’s writing 80-100 pages a day of technical paperwork in preparation for inner workshops in January, fueled by espresso, remixed Eurodance and what he calls “some severe effort.” Then got here the punchline: “2026’s physique isn’t prepared.”
On CoinMarketCap, NIGHT is priced at $0.07676, marking a +19.57% improve over the week. It boasts a market cap of $1.27 billion, with a 24-hour buying and selling quantity of $589.1 million following a interval of consolidation.
The one-week chart displays this: a speedy rise earlier within the week, a drop again into the $0.07 space after which sideways motion as merchants resolve whether or not the tweets are simply narrative gasoline or an indication of actual supply strain.
January workshops as subsequent checkpoint for “new ADA”
The “good compliance” wording is the giveaway. Privateness initiatives usually market the insurgent angle, however Hoskinson is promoting a model that may coexist the with guidelines as an alternative of combating them. That is precisely the form of framing that may get establishments and builders to a minimum of open the paperwork.
The Cardano creator doesn’t solely write specs. Within the replies, Hoskinson confirmed that he’s additionally engaged on a nontechnical PET guide known as “The Land of PET,” geared toward Midnight Ambassadors and the broader group. This appears to be narrative packaging for a much bigger rollout.
If the January workshops end in a concrete roadmap, the “New ADA” idea may stop to be a mere concept and start to resemble a 2026 improvement plan.

