TLDR
- Cardano Midnight has officially entered the Kukolu phase, which confirms the network is ready for real-world deployment.
- The Kukolu phase allows developers to launch live applications without concerns about resets or network instability.
- The NIGHT token is now fully tradable and can be used within the ecosystem as liquidity has reached operational levels.
- The Genesis block is expected to emerge within 90 days if development continues on schedule.
- Although the price of NIGHT has increased recently the trading volume recently remains low following a decline at the end of 2025.
Cardano Midnight has entered the Kukolu phase, which confirms the network’s readiness for full-scale real-world adoption, product deployment, and trading activity, and the team projects the Genesis block could be deployed within 90 days if development proceeds as planned.
Kukolu Phase Unlocks Real-World Deployment
The Kukolu phase, now active, is described by the development team as a “safe port” for the network. It enables builders to deploy real-world applications without concerns over resets or structural failures.
🔥JUST IN: KŪKOLU – MIDNIGHT'S "SAFE PORT" PHASE IS HERE!
With $NIGHT token launched and liquidity firmly established, Kūkolu is the moon phase symbolizing development, strengthening, and building.🚀
This is the "safe port" from which the ecosystem's privacy-enhancing DApps can… pic.twitter.com/aJsjuhWP9u
— midnightexplorer.com (@midnightexplr) January 1, 2026
The network has completed critical groundwork, ensuring stability and secure deployment conditions. Liquidity for the ecosystem has also matured, allowing the native token NIGHT to support functional transactions.
The developers confirmed that applications built on Midnight will prioritize user privacy by default. This aligns with the network’s mission to support confidential transactions and shielded user identities.
NIGHT Token Now Fully Tradable Within the Ecosystem
NIGHT, the native token of Cardano Midnight, is now fully live for trading within the ecosystem. Its availability marks the activation of the network’s economic layer.
Users can now use NIGHT in transactions without restrictions, as liquidity now meets operational thresholds for normal utility. Incentives are now active, rewarding participation across the network’s services.
NIGHT saw its value rise by 4.6% in the past 24 hours. It climbed from $0.08337 to a peak of $0.0899 before settling at $0.08862.
Trading Volume Remains Low Despite Bullish Signals
Despite the upward movement in price, trading volume has not shown recovery yet. Data shows volume plunged by 45% just before the end of 2025.
This decline in volume limits short-term momentum, though technical indicators still point to possible gains if volume turns upward. Buying pressure continues to increase as traders respond to live deployment updates.
The asset launched in December 2025 with an all-time high of $1.81. However, market volatility has pushed the current price to below $1.
Concerns have surfaced within the community about the project’s timing. Some users questioned the roadmap aligning with a possible bear market in early 2026.
One user posted, “Why was such a distant date chosen?” suggesting the team should consider broader market cycles. No direct response was issued to this feedback.
The Cardano Midnight team remains focused on pushing the Genesis block live within 90 days. “The time is now, Midnight is entering the explosive real-world adoption era!” the team stated.
Developers and partners are invited to test live applications under the Kukolu phase. The network’s structure now supports real user interaction and continuous operation.
NIGHT remains under watch as its price action reflects current ecosystem activity. If volume strengthens, it may support a further rally in the coming weeks.
