We attracted developers who were looking for new capacity and were willing to endure the challenges of building on Solana, which ultimately led to successful projects.

The early struggles of Solana, including a small team and limited runway, ultimately helped in building a strong community and onboarding developers during tough times.

The launch of Binance Smart Chain led to many low-effort projects that crowded the market, but those unable to overcome the friction of building on Solana were filtered out, allowing for more capable developers to thrive.

Solana's willingness to iterate quickly and make significant changes to the protocol while it's operational sets it apart from other blockchain projects.

During the FTX crisis, many believed Solana was dead, but the teams building on Solana were resilient and managed to keep their funds safe, allowing for continued development.

The platform's design reduced developer optionality, making it harder to code but ultimately lowering business risk, which contributed to the success of memecoins on Solana.

Our vision for Solana has remained remarkably consistent, which is surprising given the amount of uncertainty and luck involved in the startup journey.

Building a strong developer ecosystem is incredibly challenging, but it's essential for the platform's success.

Building technology first and then finding a problem to solve later can lead to success, as demonstrated by Bolt's journey from near shutdown to a leading AI coding product.