Midnight Price Rises Amid Exploit Recovery and Dev Updates
The price of Midnight (NIGHT) rose by 3.56% over the last 17 hours, driven by a combination of factors.
The recent exploit involving a '515M NIGHT bridge' on Cardano DeFi has been patched, but some funds remain unrecoverable.
This incident led to a sharp drawdown followed by a more measured recovery once the scope was understood and no further drains appeared.
Midnight's developer infrastructure update, which included promoting a hosted indexer API, also contributed to the price move.
Rising social chatter and trader-driven momentum amplified the price swings around support and resistance levels.