Midnight, the privacy-focused chain developed by the Cardano team, set a new record on November 10 by processing 96,851 transactions, compared with 24,160 for Zcash on the same day. Over the last 30 days, Midnight recorded 1,487,836 transactions, nearly five times Zcash’s 308,050. NIGHT traded near $0.047, gaining more than 9% over 24 hours, while ZEC fell 19% over one month and slipped to around $980. Cardano founder and key Midnight figure Charles Hoskinson attributed the growth to privacy and private smart contracts. The figures favor Midnight in network activity, but both tokens remain well below their historical highs.
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