Cardano’s (ADA) founder Charles Hoskinson expects his side-chain Midnight to claim an eventual victory over Zcash (ZEC) in the long-term privacy rally. Weiss Crypto, a known crypto & stock trusted ratings provider, recently tweeted out that Cardano’s Midnight (NIGHT) “has a good chance of becoming one of the best plays of the next 24 months.”
Weiss Labels Cardano’s Sidechain a Top Two-Year Pick
Hours later, NIGHT token soared by more than 14%, now dancing above the $0.03 support line. Cardano’s (ADA) Charles Hoskinson, the computer virtuoso, chimed into the conversation by approving Weiss Crypto’s message and lining up the key reasons why Cardano’s privacy side-chain is expected to grow bigger than the popular Zcash (ZEC).
Hoskinson didn’t mince words: “Weiss has stepped up its game lately. Midnight will be bigger than ZCash”. Right now, Zcash (ZEC) is the big star of the year. The bullish narrative around privacy-based coins turned out to be true with a 1,909.59% upswing in yearly terms for ZEC, now comfortably claiming a TOP 10 spot by crypto’s global market cap.
Why Billions Of Users Will Flock Into Cardano’s Midnight
Given that these catalysts fall in line, Cardano’s Midnight (NIGHT) could repeat that success and eventually edge Zcash (ZECH), says Charles Hoskinson. He based his thesis on a couple of fundamental factors; firstly, NIGHT could potentially outgrow ZEC’s current $25 billion market capitalization due to better compatibility with authorities: the selective privacy part.
That means Cardano’s Midnight users, whether private individuals or corporate clients, don’t have to necessarily disclose the details of their transactions, but it’s also not mandatorily concealed when it comes to meeting local & international regulatory requirements, a sensitive topic for all corporate digital asset firms. From a technical standpoint, there’s a lot to come.
Key side-chain features emphasized include selective disclosure, programmable Private Agents, cross-chain DeFi kernel abstraction, combined Zero Knowledge (ZK) + TEE + MPC tech, plus Cardano’s uptime and Leios consensus for scalability. Notably, Midnight chain is using hybrid public-private states & the Compact language, allowing verifiable yet confidential data handling.
On The Flipside
- A particularly interesting detail is NIGHT’s 20-day correlation with Zcash, which stood at 0.87. This means that the two coins lately tended to rise and fall together.
Why This Matters
Privacy coins have been the most-profitable altcoin compartment this year so far, even edging the Real-World Asset (RWA) market gains Year-to-Date.
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