What is NIGHT (Midnight) crypto coin market cap and trading volume in 2026?

NIGHT Market Cap Reaches $801.49M with Circulating Supply of 16.61B Tokens

With a market cap of $801.49 million, NIGHT has established itself as a notable player in the cryptocurrency landscape as of February 2026. The token represents the native utility and governance asset of Midnight Network, the privacy-focused Layer 1 blockchain developed by Charles Hoskinson. The circulating supply of 16.61 billion NIGHT tokens out of a maximum supply of 24 billion reflects a circulation ratio of approximately 69.2%, indicating a significant portion of the token base already in active use.

The market cap valuation demonstrates investor confidence in NIGHT's utility within the Midnight ecosystem. As a privacy-focused cryptocurrency built on Cardano, NIGHT facilitates encrypted computations and enables governance participation, making it integral to network operations. The token also supports micro-fee payments, creating practical demand beyond speculation. With 16.61 billion NIGHT tokens actively circulating, the market structure provides ample liquidity for trading and staking activities. This substantial supply ensures accessibility for participants while the capped maximum supply of 24 billion maintains scarcity dynamics. The token's positioning in the privacy-focused segment reflects growing institutional and retail interest in confidential transaction technologies within decentralized finance.

24-Hour Trading Volume of $7.59M Across Major Exchanges Including KuCoin and MEXC

The NIGHT token demonstrates considerable market engagement with a 24-hour trading volume of $7.59 million across major crypto exchanges. This substantial volume activity highlights the significant liquidity available for traders on platforms including KuCoin and MEXC, two of the cryptocurrency market's most prominent trading venues. The concentration of NIGHT's trading volume on these exchanges reflects their importance as key distribution channels for the Midnight Network's native token.

This level of daily trading volume is particularly noteworthy for understanding market dynamics around the NIGHT token. Strong volume on major exchanges like KuCoin and MEXC indicates robust trader participation and the ability to execute substantial orders without significant price slippage. The $7.59 million figure represents meaningful market activity that supports price discovery and ensures liquidity for both retail and institutional participants seeking NIGHT token exposure. Such trading volume patterns demonstrate that the token has achieved sufficient market adoption and recognition to warrant consistent engagement across multiple leading trading platforms.

Price Volatility and Exchange Coverage: Trading on KuCoin ($0.04877), MEXC ($0.04794), and BitMart ($0.059)

The NIGHT token demonstrates substantial price fluctuations across the crypto market, reflecting both market dynamics and varying liquidity conditions on different platforms. Since its December 2025 launch, the token experienced dramatic swings, declining 77.92% from its initial $0.105 price to $0.0232 on day one, then recovering to test higher levels through January before consolidating. This volatility pattern is typical for emerging privacy-focused tokens entering the cryptocurrency ecosystem.

Price disparities across major exchanges reveal important trading opportunities and liquidity considerations. The following price levels reflect current market conditions:

BitMart's premium pricing demonstrates lower liquidity compared to KuCoin and MEXC, which handle significantly larger trading volumes. MEXC's spot trading volume exceeds $6 billion daily, while KuCoin maintains comparable depth, enabling faster execution at tighter spreads. The price variation across these platforms creates arbitrage opportunities, though transfer fees and withdrawal restrictions between exchanges typically offset potential gains. For traders seeking reliable execution and tight pricing on NIGHT trading, MEXC and KuCoin remain the preferred venues.

FAQ

What is NIGHT (Midnight) cryptocurrency? What are its main uses?

NIGHT is the native token of the Midnight network, designed for community participation, data privacy protection, and ecosystem governance. It serves as the core utility token enabling privacy-focused applications and decentralized decision-making within the network.

What is the current market cap and trading volume of NIGHT coin?

As of February 3, 2026, NIGHT (Midnight) has a market cap of $5.15K and a 24-hour trading volume of $1.09K. The current price is $0.00000827.

What is NIGHT (Midnight) coin price and market cap prediction in 2026?

Based on a projected annual growth rate of +5%, NIGHT coin price is predicted to reach ¥0.5030 by 2026. Market cap predictions depend on circulating supply changes. These forecasts are estimates and actual prices may differ significantly due to market volatility.

NIGHT币的历史价格表现如何？波动性大吗？

NIGHT币历史最高价$0.04333，当前价格$0.01167，波动性较大。预测2030年底价格$0.0001043，长期看涨幅有限但波动显著。

Where can I buy and trade NIGHT coins?

NIGHT tokens are available on decentralized exchanges (DEX) where you can connect your crypto wallet and trade directly. You can also explore various centralized platforms that support NIGHT trading pairs for seamless transactions.

What are the advantages and disadvantages of NIGHT coin compared to other cryptocurrencies?

NIGHT combines privacy protection with regulatory compliance, backed by Cardano ecosystem support. Key advantages include zk-SNARKs technology and institutional adoption potential. Main disadvantages are smaller market cap and limited liquidity compared to established privacy coins.

What are the main risks of investing in NIGHT coin?

The primary risks include concentrated whale holdings that could exert downward price pressure through coordinated selling. Retail investors control only 5.87% of supply. While Midnight's privacy innovations offer potential, the centralized token distribution presents significant concentration risk for individual investors.

What is the development team and project background of NIGHT coin?

Midnight (NIGHT) is led by Cardano founder Charles Hoskinson. It is a fourth-generation blockchain project focused on privacy protection using zk-SNARKs technology. The project integrates with Cardano and other blockchains, combining data protection with regulatory compliance for enterprise applications.