Cardano Completes Epoch 666, Midnight Updates Network to Ledger 9

On November 10, 2026, the Cardano blockchain completed epoch 666 and transitioned to the next operational period. Simultaneously, its partner network Midnight, focused on data privacy protection, continued its technical development following the Ledger 9 update. Amid these events, Cardano's native token (ADA) was trading around $0.176, having lost 28% over the past month.

Midnight expanded smart contract capabilities

On November 6, the mainnet of Midnight transitioned to Ledger 9. The update added support for new cryptographic signatures and interaction between smart contracts, laying the groundwork for further development of applications with confidential data processing.

According to a user on X named ALLINCRYPTO, the network also exceeded 1.7 million transactions. Independent confirmation of this figure in official documentation is absent.

Midnight launched its mainnet in March 2026. Its utility token NIGHT, according to initial analysis, rose by 11% over two weeks and was trading around $0.045. The founder of Cardano Charles Hoskinson suggested that NIGHT could surpass ADA in market capitalization. He believes that the development of Midnight could attract new users to the Cardano ecosystem.

Cardano completed epoch 666 without protocol changes

Epoch 666 ended on November 10, and the next one, numbered 667, is set to conclude on November 15. In Cardano, each epoch lasts 5 days and consists of 432,000 time slots, each lasting 1 second. These are used for organizing transaction processing, staking coins for network security, and distributing rewards.

The number 666 attracted community attention due to biblical associations, but the transition to the next epoch was a standard technical procedure.

Major holders reduced ADA reserves

According to data published by the analytical platform Santiment, from November 4 to 10, the combined reserves of addresses holding between 10 million and 100 million ADA decreased by approximately 50 million coins.

Changes in balances may reflect sales or asset movements, but do not in themselves reveal the motives of the holders. Therefore, there is insufficient basis to claim that major investors have lost confidence in ADA or that the price decline will necessarily continue.