Hoskinson Boasts NIGHT Volume Beats XRP and SOL: Should You Care?

Following the recent airdrop of the Midnight (NIGHT) token, Cardano founder Charles Hoskinson addressed concerns from ADA holders about whether they should sell their ADA for NIGHT. He argued that such a move is misguided, emphasizing the unique role of Midnight within Cardano's ecosystem.

Cardano (ADA) is currently experiencing price consolidation around the mid-$0.30 range, with founder Charles Hoskinson emphasizing a shift from short-term price fluctuations to long-term structural developments in decentralized finance and security. This comes amid a backdrop of muted market sentiment and ongoing discussions about the future value within the Cardano ecosystem.

XRP has fallen below the critical support level of $1.95 for the first time in 13 months, as noted by crypto analyst Guy on the Earth. This breach indicates a significant shift in market dynamics, with the analyst projecting a potential target of $0.90 if the downward trend continues.

Bitcoin exchange-traded funds (ETFs) have experienced a third consecutive day of outflows, while Ether ETFs have turned positive, indicating a shift in investor sentiment. This development comes amidst a broader market context where Bitcoin and Ether have faced significant losses recently, collectively shedding $1.14 billion in value due to liquidity concerns.

Solana (SOL) is experiencing significant pressure as it struggles to maintain its price above critical support levels, currently trading in the low-$120 range following a sharp decline of 39% in the fourth quarter of 2025. Despite steady inflows into investment products, the cryptocurrency's network activity has decreased, leading to a divided market sentiment regarding its future.

XRP has shown a lackluster performance recently, with price stagnation reflected in losses over 14-day, 30-day, and 60-day periods. Despite this, confidence in XRP is reportedly growing, as institutions and large holders are strategically positioning themselves to absorb market weaknesses, anticipating a shift in market dynamics.

XRP's price has dropped to $1.8800, marking its lowest level since December 19, and is approximately 50% below its peak this year, reflecting a broader downturn in the cryptocurrency market alongside Bitcoin and other altcoins.

Solana (SOL) token is currently trading at $124.50, having formed bearish chart patterns on the daily chart, indicating potential further downside. Key metrics for the cryptocurrency have also seen a decline in recent weeks, raising concerns among investors.