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Hoskinson says Midnight\'s NIGHT differs from XRP in value distribution structure

Cardano founder Charles Hoskinson said Midnight’s NIGHT token is fundamentally different from Ripple’s XRP in how value is created and distributed. He said Ripple still controls a significant share of XRP supply and uses the token to raise capital for external expansion, while XRP holders do not gain ownership or financial exposure to Ripple’s business results. He also pointed to the absence of staking or revenue-sharing mechanisms in XRP.