Markets· ★★· neutral·

NIGHT Token Surges 20% as Cardano Slips and Futures Open Interest Drops 9%

  • —NIGHT rose 20.2% to $0.0377, extending weekly gains past 60%
  • —ADA fell 1.54% to $0.247, with $0.250 acting as key resistance
  • —ADA futures open interest dropped 9% to $1.81 billion
  • —US core PCE for August came in at 3.0% versus 3.3% expected
Why it matters: The NIGHT-ADA divergence suggests capital is rotating into individual ecosystem tokens rather than Cardano's base asset.
Source: CoinGape