XRP holders are set to benefit from the “glacier drop,” an airdrop by Cardano’s Midnight project, as part of an effort to enhance privacy in blockchain transactions. This announcement from Charles Hoskinson comes alongside growing support for XRP, including endorsement from U.S. President Trump. The airdrop will distribute tokens to millions across various blockchains, signifying a shift towards increased inclusivity within the cryptocurrency community.
In a significant announcement for XRP holders, Charles Hoskinson, founder of Cardano, confirmed their role in the upcoming distribution of tokens for Cardano’s privacy initiative, Midnight. This comes as the XRP Ledger gains positive regulatory attention, even attracting support from notable figures like U.S. President Donald Trump.
On March 2, 2025, Hoskinson discussed the “glacier drop,” an essential event for Midnight. This airdrop initiative will distribute tokens across multiple blockchains to incentivise use of Midnight’s privacy protocol, which enhances blockchain transaction confidentiality. XRP holders are specifically set to benefit from this initiative.
The glacier drop aims to distribute tokens to 37 million wallets across eight key blockchains including XRP, Cardano, Ethereum, Solana, Bitcoin, Avalanche, Binance Coin (BNB), and Basic Attention Token (BAT). This strategy not only seeks to promote awareness of Midnight’s privacy offerings but also serves as a vital marketing effort to engage users with the protocol.
While the exact airdrop date remains unspecified, the inclusion of XRP holders signifies a shift towards inclusivity in the cryptocurrency sector, as it welcomes various communities into new initiatives that prioritise privacy and security.
XRP’s positive trajectory correlates with its increasing support, notably from President Trump, who recognized XRP’s role in the proposed U.S. digital asset reserve. This endorsement marks a pivotal point for XRP’s market perception, contributing to a recent price surge of over 15%, surpassing $2.60. Concurrently, Cardano’s ADA token increased by more than 50%, exceeding $1, driven by regulatory clarity and newfound institutional interest.
Trump’s endorsement of integrating XRP into the U.S. strategic crypto reserve has catalysed its adoption and market value. His support signals mainstream recognition for XRP among influential figures and potential investors, which likely boosts interest in Midnight’s glacier drop and its privacy-focused features.
As Midnight embarks on its token distribution for XRP holders, this represents a critical juncture for both XRP and Cardano. The rise for privacy-centric solutions marks a new trend in the blockchain landscape, supported by key industry advocates like Hoskinson and Trump. For XRP holders, engaging with this innovative privacy project offers an exceptional opportunity in the rapidly evolving cryptocurrency ecosystem.
