Building on Solana was initially challenging, but developers willing to tackle those difficulties were able to create innovative solutions that attracted users.

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.

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.

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.

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.

Despite not being the first mover, Coinbase was able to create a significantly better product in a market where existing options were inadequate.