Weiss Ratings has commended the Cardano development team for its strong research foundation and technical depth, particularly in the creation of Midnight. The independent crypto rating firm highlighted Cardano's commitment to peer-reviewed studies and formal development methods, reinforcing its reputation as a research-first platform. Despite criticisms of slow adoption, Weiss Ratings emphasized the team's ability to deliver advanced blockchain solutions, especially within the growing Midnight ecosystem. Midnight, set to launch next month as a Cardano partner chain, is seen by Weiss as a potential long-term success in an industry where most new projects fail. Senior Analyst Juan Villaverde expressed confidence in Midnight's prospects, noting its unique approach to embedding privacy directly into its programming language. This innovation allows developers to create private smart contracts without extensive cryptographic expertise, potentially positioning Midnight as a leading private smart contract platform. Villaverde also praised Midnight's distribution model for its broad token access and lack of venture capital dominance.