Everyone stay calm. NIGHT's short-term 14% decline core reason (no negatives, purely market fluctuations)
1. New listing liquidity shock: Just completed the launch on Binance and Bybit exchanges, combined with Bybit's 8 billion recharge prize pool of $NIGHT and 12 billion trading prize pool activities, a large number of new users concentrated on entering + short-term traders taking profits, leading to supply and demand imbalance.
2. Initial trading sentiment disturbance: After the synchronous opening of contract trading, short-term speculative funds entered and exited frequently, amplifying price fluctuations, not due to the project itself having issues.
Professional judgment conclusion (fundamentals are solid, adjustments are opportunities)
Technical hard support: Cardano$ADA , led by the founder of the fourth-generation privacy L1, zk-SNARKs technology + dual ledger architecture, balancing privacy and compliance, TPS reaching over 1000, verification speed at sub-second level, with technological barriers leading traditional privacy coins.
High ecological prosperity: The testnet already has over 200 DApps, attracting over 1200 daily active developers, achieving enterprise-level cooperation with IBM, OpenZeppelin, etc., with the joint mainnet set to launch in Q1 2026, strong landing certainty.
Market consensus intact: Currently still leaning towards a bullish pattern, Cardano ecosystem collaboration + privacy track windfall support, 82% of tokens are still locked, long-term supply pressure is controllable.
Clear nature of adjustment: This is a “washout-style adjustment” after the new coin listing, washing away short-term speculative chips, paving the way for subsequent ecological landing (cross-chain integration, hybrid DApps), and belongs to a typical “golden pit.”
Like and follow for continuous sharing of different perspectives.
