IOHK CEO, Charles Hoskinson has acknowledged that in 2020, Cardano (ADA) will be a beast in terms of performance.

Since the start of the year, Cardano (ADA) has been amassing a host of growth-enhancing developments in preparation for a better 2020. Among those significant achievements is the launch of the Cardano chain data-importer, Tangata Manu, the third product after the launch of the digital token ADA blockchain explorer.

The one major development that was much anticipated for is the launch of Cardano shelly testnet, a means of achieving the total decentralization of ADA. This uprising comes with loads of benefits.

Charles Hoskinson Foresees Greatness for Cardano (ADA)

The IOHK CEO, Charles Hoskinson, who shoulders the responsibility of leading the team behind the growth and development of Cardano, has acknowledged the level of performance he expects of Cardano (ADA) in the coming year.

In a tweet on 15th November 2019, Charles acknowledged the consistent inventions achieved within the Cardano ecosystem over the years.

“What’s truly exciting about the recent releases is how fast we are able to move,” he said.

He furthered by praising the scientists and engineers for doing a great job in making the protocols design a reality, coupled with making them marketable.

There he concluded that these developed protocols will make Cardano blockchain a beast in 2020 in terms of performance and the digital token ADA a coin to watch.

“Our scientists have done a remarkable job designing great protocols and our engineers are able to bring them to market. Cardano in 2020 will be a beast”, Charles concluded.

Cardano Foundation on Track to Launch the Incentivized Testnet

After the launch of the Cardano shelly testnet, incentives were assured to prepare its integration into mainnet. And it was promised to launch in November 2019, however, the actual day of the month was not stipulated.

About a few days ago, a Cardano-centric user on Twitter hinted the over 100 staking pool registrations already garnered on the network before the main launch of the assured incentives. This indicated the readiness and dedication of the community of members behind the cryptographic project.

Aside from the aforementioned, CEO Charles Hoskinson again shared the responses of the Cardano community regarding the balance check that went live on 15th November.

In the tweet, he stated that 1600 support tickets were recorded within 24 hours. He appreciated member for the feedbacks, assuring that the main launch of the incentivized testnet is on track.

He said, “Thanks everyone for the great response. 1600 support tickets in under 24 hours. Lots of logs; lots of feedback. Got some housekeeping to do. Next week will be fun. On track for the launch of the incentivized testnet”.

Cardano (ADA) in the Market

Over the last 24 hours, Cardano (ADA), the twelfth largest digital currency by market capitalization has been the best performer among the top 20 cryptocurrencies aside Tezos (XTZ) according to CoinMarketCap.

At the time of filing this report, ADA is trading at $0.045888, with about 3% price upsurge on 24 hours basis.