Cardano’s Midnight (NIGHT) holders are bracing themselves for Kūkolu upgrade, known as the “safe port” phase. Here, liquidity around the NIGHT token is firmly established, as seen in the 200% upswing in the first two weeks since the privacy altcoin’s launch. Now, Cardano’s bulls expect a second leg-up in the inaugural month of 2026.
Second Midnight Stage Boosts Utility
During the second phase, the Genesis block will be constructed, “engineered from the ground up for sophisticated private-by-default applications”, – said Midnight Explorer’s official X account. The new chain is centered around making transactions seamless & regulatory-compliant while keeping the sender & receiver’s identities concealed.
With the full Midnight mainnet launch, this Cardano’s newly-forged side-chain revolves around privacy-first decentralized applications (dApps), as well as real-world utility such as Real World Assets (RWAs). The Kūkolu upgrade is a moon phase that unites Cardano Midnight’s testnests into a one comprehensive mainnet with trusted validator nodes.
Cardano’s Price Bounce Picks Up Pace
The privacy coin Midnight (NIGHT) stood slightly below $0.09 on Friday evening, while Cardano (ADA) tacked on 8.9% gains for a rebound rally towards $0.40. Crossing over the Smoothed Moving Average (SMA), the altcoin is now well above all three Bollinger Bands (BOLL) with the Parabolic SAR flashing a ‘buy’ signal while still in oversold territory.
Cardano’s (ADA) bulls might be looking to reclaim the $0.4758 monthly peak next, if the rally proves sustainable. On Futures markets, market participants are slightly on the bearish side – the short versus long ratio points to 0.9948, according to CoinGlass. Despite the disbelief in Cardano’s price rally, short-sellers got wiped away with $2.72M out of $3.10M in liquidations.
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People Also Ask:
Kūkolu marks Midnight’s “safe port” stage—launching the Genesis block and activating the first privacy-enhancing dApps on a stable, federated mainnet.
Team targets Q1 2026—community buzz points to potential Genesis block emergence within 90 days from early Jan announcements.
Developers deploy real ZK-powered dApps with selective disclosure, programmable privacy, and compliance tools—shifting from testnet to live privacy apps.
Hilo phase (late 2025) handled NIGHT token launch and liquidity; Kūkolu builds on that for actual dApp deployment and ecosystem strengthening.
Hype builds adoption narrative, but privacy coins stay volatile—depends on dev activity and broader market; some worry about timing in potential bear phase.
