Brothers at the Binance Square, the first batch of ETHGas (GWEI) trading competition is in full swing! The event started on March 6, 2026, at 21:00 (UTC+8) and will end tonight at 21:00 (Hong Kong time 9 PM), with just a few hours left for the sprint! The reward pool is as high as 2.1 million GWEI, and the top 2000 will share it based on buying volume, with each person getting at least 1050 pieces.

According to the feedback from the square and the recent rules of the Alpha competition, the threshold for the top 2000 in buying volume is roughly around 100,000 to 150,000 GWEI (small capital can enter with good loss control, while major players have already exceeded one million). The trading volume in the last few hours often rises exponentially—time is tight, and the opportunity is great! Hurry up and check your ranking, don't miss this 'reverse pulling' opportunity.

GWEI's popularity is on the rise, and the NIGHT token is not to be missed. The Midnight network is a Cardano ecosystem privacy-enhancing Layer-1, led by core members of Charles Hoskinson's team, utilizing a dual-state architecture of ZK-SNARKs + Kachina protocol to achieve public/private data isolation + controllable audit disclosure, perfectly adapted to DeFi, RWA, and institutional privacy needs.

NIGHT, as a native governance + utility token without any masking, has a fixed total supply of 24 billion tokens, with about 16.6 billion in circulation post-TGE. Currently, it is traded on platforms like Binance and OKX, priced at around $0.05, with a stable market capitalization of $800-900 million. Distribution is transparent: Glacier Drop 14.78%, Scavenger Mine 4.17%, with the remaining released to the community + exchanges. Holding NIGHT allows participation in governance and earning DUST rewards, with scenario index growth expected after the full mainnet launch.

Institutional endorsement is the biggest highlight: Binance's professional institutional custody service has been launched, with international giants such as Google Cloud, MoneyGram, Vodafone Pairpoint, eToro confirming operational nodes—this means top-tier computing power, compliance endorsement, and network security are fully guaranteed. In the future, institutional-level RWA privacy DeFi will prioritize landing on Midnight. Founder Fahmi Syed has a solid background (former IOHK Midnight CFO, Parity CFO, executive at Marshall Wace), and his cross-border experience in traditional finance + blockchain makes the "privacy + compliance + auditability" trifecta perfectly land for institutions.

At the end of March, the Kūkolu mainnet is about to go live, with a comprehensive upgrade of SDK, browser, and developer tools, accelerating the influx of institutions and developers. Combined with the current traffic cultivation of the GWEI trading competition (which is heating up before the leaderboard closes at 9 PM tonight), NIGHT is in a golden period of "event catalysis + institutional endorsement + technology implementation" resonance.

Want to seize the next wave of institutional opportunities in Binance Square? Rush to complete the $GWEI leaderboard before 9 PM tonight, open Binance and search for $NIGHT , and follow #Midnight official website & community to witness the takeoff of the privacy track together!

Disclaimer: The above is market observation and public information, and does not constitute investment advice. Digital assets are highly risky, and caution is advised when entering the market.#night $NIGHT #Midnight #Alpha