币界网报道：Cardano (ADA) has experienced an 8% weekly decline, trading around $0.37 amid broader market volatility. Despite the price drop, the Cardano ecosystem is advancing with the launch of its new sidechain, Midnight. This privacy-focused blockchain aims to enhance data protection and smart contract functionality while maintaining interoperability with the main Cardano network. Charles Hoskinson, Cardano's founder, emphasized Midnight's potential to attract developers and enterprises seeking secure, scalable solutions. The sidechain utilizes zero-knowledge proofs to enable confidential transactions without compromising transparency. Meanwhile, Cardano's development activity remains high, with ongoing upgrades to improve scalability and governance. Analysts note that while ADA's short-term price action reflects market sentiment, its long-term value hinges on ecosystem growth and adoption. The Midnight rollout is seen as a strategic move to expand Cardano's use cases beyond payments into decentralized identity and enterprise applications. Market observers will watch how the sidechain's adoption impacts ADA's network activity and valuation in coming months.