The privacy token Cardano NIGHT records a volume spike of $3 billion.
Cardano (ADA) and its Midnight protocol, focused on privacy, recorded approximately $2.9 billion in trading volume over 24 hours, marking a significant increase for the recently launched token NIGHT.
Currently, the token is trading around $0.066, with a market capitalization of $1.07 billion.
NIGHT was launched on major exchange platforms on December 9, after a volatile price action that saw the token briefly reach $1.81 before collapsing by 96% to return to its current level.