Midnight, the privacy-focused blockchain under the Cardano umbrella, recorded a sharp rise in activity after smart contracts went live on mainnet on Sept. 28. According to the figures cited in the report, the network processed just 284 transactions on Oct. 1, but that number climbed to 26,178 by Oct. 8, marking a 9,117% increase within one week. The update points to a rapid pickup in on-chain usage shortly after the smart contract rollout.
Midnight Foundation CTO Sebastien Guillemot also said the network’s v9 ledger upgrade will bring privacy DeFi features to Solana wallets. Users are expected to access private swaps and related interactions without installing additional software. The feature is still on testnet, and mainnet deployment is planned for later this year alongside the v9 upgrade. The item was cited by U.Today and republished in summary form by Techub.
Midnight, Cardano’s privacy-focused blockchain, saw transaction volume surge 9,117% in the week after smart contracts went live on mainnet on Sept. 28, according to a Techub News brief citing U.Today.
Network activity rose from 284 transactions on Oct. 1 to 26,178 on Oct. 8.
Midnight Foundation CTO Sebastien Guillemot also said the chain’s v9 ledger upgrade will bring privacy DeFi features to Solana wallets. Users will be able to carry out private swaps and other interactions without installing anything extra.
The feature is currently in the testnet stage. Mainnet rollout is planned for later this year as part of the v9 upgrade.
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