ADAUSD
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It’s been around for awhile. There are people who held ADA since 2018. I can see people taking profit(or even a loss) because the ADA/BTC chart hasn’t looked so good(like most alts).

you know some people actually held ADA for a long time and have given up...

Not to mention any mythical sea monsters but in the years I've been using a certain CEX I've had no problems moving ADA in or out.

Admit that: Midnight will not push ADA's price to go up. It costs no ADA but NIGHT and DUST.
So, there's still no application built on ADA, which hurts ADA's price instead.
So sad.

When will ADA deposit and withdrawal transactions begin on exchanges? Why did it take so long?

I wonder what the venn diagram of the coin bureau faithful and ADA holders are
Because Coin Bureau relentlessly shills ADA on Twitter

Midnight works because Cardano is the heartbeat running underneath it. If Cardano went dark tomorrow, Midnight would feel the consequences of that, since its consensus rules and security model are built around the Cardano state.
Technically, Midnight runs on Substrate, using AURA for block creation and GRANDPA for finality, but it adapts these via the Minotaur consensus protocol to function as a partner chain. Instead of choosing validators independently, Minotaur depends on Cardano SPO credentials and ADA stake distribution to decide who is allowed to produce blocks. Midnight nodes verify these identities against the live Cardano ledger, pulling the data via DbSync.
This means that to attack Midnight, you would effectively need to gain control over the Cardano SPOs. So by extension you could conclude that by staking ADA you are helping to secure Midnight.
My next point is more difficult to find sources for, because I've only seen it stated in past presentations about Midnight, and hinted at it being a possibility in research papers. Whether or not it's factually going to be used on launch of the network, remains to be seen. But it's suggested that the connection to Cardano is further defined by periodic checkpointing. Midnight anchors its history back to Cardano, and Cardano's version of events would be considered the final authority in case of a fork or otherwise.
All this is why validators can only help secure Midnight if they are already established on Cardano. As the [Guide to Becoming a Midnight Block Producer](https://forum.midnight.network/t/guide-how-to-become-a-midnight-block-producer/258) states:
>"To embark on the path of becoming a Midnight Validator, one must either be, or become, a Cardano SPO."
It literally requires an existing Cardano pool, including cold keys and UTXOs, just to be able to register as a Midnight validator. This is in line with statements by Charles, saying that Midnight will be a vanguard for Cardano, by potentially providing more nodes to it and by paving the way for Cardano on exchanges etc. Deals made by Midnight, will ensure a necessity to implement the Cardano infrastructure at the same time. A two-for-one deal as Charles calls it.
\_\_\_
Sources for info:
[Minotaur: Multi-Resource Blockchain Consensus](https://iohk.io/en/research/library/papers/minotaur-multi-resource-blockchain-consensus/)
[Midnight Docs](https://docs.midnight.network/) (Consensus etc.)
[Polkadot Docs](https://docs.polkadot.com/) (Substrate, AURA, GRANDPA etc.)
[Midnight Whiteboard with Charles Hoskinson](https://www.youtube.com/watch?v=TMGkYEVKuzI)
[Midnight Summit 2025 - Keynote Address w/ Charles Hoskinson](https://www.youtube.com/watch?v=HC3bHmp9Q9Q)
[Cardano Summit 2023: Cardano: Past, Present, and future](https://www.youtube.com/watch?v=wvV2h89cTo8)

Wow talk about a blast from the past. ADA still exists!!

Hi, while I also recommend to invest in BTC, ETH, ADA regularly, my best choice would be WeFi (future of Banking Defi - credit card already operational).They planned a constant growth, and you can even make better long term investment mining the WeFi token at low price (just buying ITO). We are potentially at the end of this cycle for BTC, and the strategy of WeFi makes it very resilient even during this type of phase. If you have questions, happy to help.
https://preview.redd.it/uitpis5asd3g1.jpeg?width=2622&format=pjpg&auto=webp&s=51248d14dee3343a422bc31f54eb48ff83093a56

Cardano Catalyst is a failure, instead of funding these dubious projects, we should have used the money to do marketing about ADA, or find partners that have mutual benefit.
Almost projects funded by Catalyst are just scammers trying to rip off cardano.

Charles Hoskinson’s remarks suggest that the glacier drop concept pioneered with Midnight is intended to become a broader distribution model for Cardano projects, not limited solely to Midnight itself. When he says “we” and “all projects moving forward,” it implies a framework or methodology that various teams — potentially including but not exclusively his own — can adopt for fair token distribution to ADA holders. His hope to do one a year refers to annual glacier drops as a mechanism to engage the community consistently, rather than launching multiple competing tokens from his team alone. This approach seems designed to build long-term ecosystem value and incentivize participation without fragmenting focus or overwhelming investors. That said, staying updated with official channels is key for clarity as the roadmap unfolds.

No, ADA is not a privacy coin and launching a more privacy focused L2 won't turn ADA itself into a privacy coin. And even midnight itself is not a Monero kind of privacy coin, it's build with regulatory acceptance in mind.

Cardano (ADA)'s Leap of Faith | Cardano Rumor Rundown #745 - Army of Spies

If you have so much money in taxable, how do you plan to stay under the ADA subsidy limit if you’re earning interest (income) in those accounts?

Bloody good summary of exactly where we are with ADA 👍
Disappointing but spot on, I'm patient though, ADA is my second largest holding, so I'm used to eating noodles 😂

I think we need to be honest with ourselves.
2025 was a massive disappointment.
No leios, no stables, major entities fleecing shit at each other, some dude burned $6M trying to trade to a stable coin and now the hack. Midnight will be good for Cardano over time, and Cardano has the best tech. But it only works out in the end if we see massive adoption.
Right now I don’t see it.
Will ADA run in 2026? Yes.
How do other chains do such a better job at mass adoption with clearly inferior tech. Am I the only one massively puzzled by this fact?

📈 Critical Crypto Analysis: XRP, ADA, BNB, BTC, BCH 1M Outlook

I'll try and clear up some misunderstandings here.
Midnight is not here to transform Cardano (or ADA for that matter). Midnight will be a sidechain, sharing some fundamentals with the Cardano network. It's basically piggy-backing on Cardano to achieve security, decentralization and stability. But apart from that, it brings its own things to the table.
Once Midnight launches, December 8th, Cardano will still be Cardano as we know it. We'll just have the new option to interact with the Midnight sidechain. As will other networks btw! Midnight is intended to be a privacy layer capable of talking to many different blockchains.
As others have said, Midnight will provide selective disclosure in compliance with regulations. This means it's not the same as other privacy coins which fail to meet regulations.

You cant have Midnight w/o ADA. Midnight leverages ADA for security.

>now that Voltaire is coming
FYI that's already here.
There's been quite a lot of discussion in the past about this (for example you can search past posts for "burn" [here](https://www.reddit.com/r/cardano/comments/1p5nf45/what_does_the_cardano_community_think_about/)). Generally, burning supply is just seen as an attempt to boast the short term price for existing investors. It doesn't really make a lot of sense if you have a fixed supply.
Yes Cardano has a reserve pool, but if you burn that then you're reducing already dwindling staking rewards - staking rewards are ment to incentivise behaviour which affects then network security.
You can't really burn circulating supply because its already owned.
If you burn transaction fees, then again, you are impacting staking rewards (idearly we need more ADA from transaction fees, not less).
That leaves the treasury, which is designed to fund further development: [https://gov.tools/budget\_discussion](https://gov.tools/budget_discussion)
I would be in favour of reducing the treasury tax as there's 1.64 Billion ADA currently in the treasury) but not for burning, but for increasing staking rewards. It's currently 20%. In the last few months \~250 million was taken out the treasury for development budgets, but it looks to have grown \~320million in the past year before the withdrawal.
You can track the values here: [https://beta.cexplorer.io/pot](https://beta.cexplorer.io/pot)