As you know, an airdrop is a method of distributing tokens for free, in which users who meet certain conditions receive new tokens. A large number of wallets have been selected for the Midnight Airdrop, which will reach about 37 million users. XRP holders will be able to participate in particular.
The snapshot taken in June 2025 is estimated to hold more than $100 million XRP. Whoever held XRP at that time will receive NIGHT tokens. So you can understand that your forehead may be open if you really have your #xrp token hold on any exchange or wallet.
The platform has already opened the claim portal for the Midnight Airdrop. It is known that this distribution will start from July 15, where eligible participants will receive their tokens in their own wallets within 60 days.
If someone cannot receive the token on time, then in the next step, that token will be unlocked through Computational Mining.
How much tokens will XRP holders receive? Midnight has given a pretty big idea about that. The total amount of tokens is 24 billion. Of this, XRP holders will receive about 5%, that is, 1.2 billion tokens. The more XRP you hold, the greater your share of the prize.
On the other hand, Cardano holders will receive 50% of the tokens, Bitcoin holders will receive 30%, and Ethereum, Solana, BNB, AVAX, and BAT holders will each receive 5%.
Charles Hoskinson said that such visionary collaborations of different blockchain and crypto projects will greatly strengthen the ecosystem. He has long emphasized the importance of working together instead of competing, which is expected to be clearly seen in this Midnight airdrop