Midnight (NIGHT) Poised for Growth: Anticipated Listings on Binance and Coinbase

Midnight (NIGHT) has seen significant trading activity in December, leading investors to believe in the continuation of its rising price trend.

Key Takeaways

Midnight (NIGHT) has experienced a significant increase in trading volume, leading to investor optimism about future price increases.
Major exchanges like Binance and Coinbase are expected to list NIGHT due to its high trading volume and growing interest in privacy technologies.
As of now, NIGHT holds a market cap of over $1.4 billion, and successful listings could potentially elevate its rank among cryptocurrencies.
While analysts view the recent price correction as healthy, there are concerns about whether the current optimism is already priced into NIGHT.

Despite experiencing a 30% correction from its recent peak, several indicators suggest traders remain optimistic about NIGHT's potential for further gains.

Reasons Behind the Anticipation for Coinbase and Binance Listings

Binance Alpha is actively supporting Midnight (NIGHT) through its airdrop distributions. According to CoinMarketCap, over 61% of NIGHT’s trading volume comes from Binance Alpha, fueling speculation that an official listing on Binance is imminent.

In addition, many investors are hopeful that Coinbase will soon add NIGHT to its platform, largely due to the marked increase in trading volume observed in recent weeks.

Midnight (NIGHT) Price and Trading Volume. Source: Coingecko.

Data from Coingecko demonstrates a notable growth in NIGHT's trading activity; since its launch on December 9, where the volume stood at $130 million, the spot trading volume soared past $5 billion by December 23. This surge in volume even outstripped the cumulative trading volumes of SOL, XRP, and BNB.

Typically, newly airdropped tokens experience substantial trading volumes right after their listings due to selling pressure. However, NIGHT is showcasing an opposite trend—investor accumulation is gaining momentum over time.

“Reason #1 Coinbase should list $NIGHT: Massive trading volume. NIGHT has recorded billions in daily volume since launch. It recently reached the global top 10 with over $3 billion in 24-hour trades on major exchanges. Both institutional and retail interest in privacy technology is on the rise,” commented investor Josh.

The listing of a high-volume altcoin generally benefits exchanges through the trading fees generated from that asset. Charles Hoskinson, the founder of Cardano, believes that Coinbase might be missing out on approximately $20 million annually in trading fees by not including NIGHT.

Currently, with a market capitalization exceeding $1.4 billion, NIGHT ranks within the top 75 cryptocurrencies. Calls from investors indicate that listings on major exchanges could propel it into the top 20, which would translate to a market capitalization of around $10 billion.

Recent Development Alert:

COINBASE LOSES $20 MILLION A YEAR BY NOT LISTING NIGHT 😱😱😱
@IOHK_Charles reveals that @coinbase is reportedly missing out on around $20 million annually in trading fees by not listing $NIGHT. See the tweet below.
Tweet from Mintern

Even though the price has recently retracted from a peak of $0.11 to $0.07, analysts regard this as a healthy correction leading up to a potential rally.

Moreover, Midnight is set to hold various promotional events in Japan during the first two months of 2026, which could draw in more retail investors.

On the flip side, it's important to consider that much of this optimism may already be factored into NIGHT’s current price, meaning that new listings might not create upwards price momentum but could instead provide opportunities for early investors to realize their profits.