Cardano News: Midnight Network to Deploy Smart Contract Function Soon

Key Insights: Cardano News: Midnight smart contracts are nearing mainnet deployment, according to developer Sebastien Guillemot. Charles Hoskinson says Midnight is undergoing an upgrade that will enable apps, alongside upcoming RealFi and Pogen projects. NIGHT token price rises 5.18% to $0.02437 as Midnight development and application plans draw community attention. Midnight smart contracts are moving closer to deployment on mainnet, according to Cardano news from top developer Sebastien Guillemot. At the same time, Charles Hoskinson also pointed to upcoming RealFi and a major Midnight upgrade. Cardano News: Sebastien Guillemot Shares Midnight Smart Contracts Update Cardano developer Sebastien Guillemot has confirmed that Midnight smart contracts are expected to be enabled on the Midnight mainnet soon. Guillemot shared the update while highlighting what the change could bring to the network. He said he was excited about private smart contracts, including the ability to mint private custom tokens. The update is important for Midnight because smart contracts would enable developers to build applications that leverage the network’s privacy features. Guillemot also thanked the builders who helped bring the network to this stage. Midnight Network Smart Contract Update | Source: Sebastien Guillemot Guillemot’s comments come as attention around Midnight continues to grow within the Cardano community. Midnight is designed around privacy, and the planned smart contract functionality could give developers more ways to build applications on the network. Meanwhile, another community member, Jeff Papineau, called for a major application to help drive adoption. He specifically asked about a Midnight-based decentralized exchange where users could sell BTC and ETH and receive USDCx. Papineau also suggested that BTC could be used for liquidity and fees on such an application. He argued that having such a product could help increase activity on the network. His comments also showed that some members of the community are waiting for applications that can turn Midnight’s technology into products that users can interact with. Cardano News: Protocol Eyes RealFi and More Applications Charles Hoskinson responded to Papineau, pointing to several developments expected to bring more applications into the wider Cardano ecosystem. Per the Cardano news, Hoskinson said RealFi is coming next month, while Pogen is expected within 90 days. He also said Midnight is going through a major upgrade that will turn on apps. His response also touched on funding within the Cardano community. Hoskinson said the community had refused to fund Pogen, Blockfrost, and other IOG commercial projects. He also claimed that the Cardano Foundation has not been mentioning Midnight. Cardano News Covering RealFi Update | Source: Charles Hoskinson The comments provide more context around the push for Midnight applications. While Guillemot focused on the technical progress toward private smart contracts, Hoskinson pointed to the broader rollout of applications and other projects entering the ecosystem.