Part 7/10:
Despite raising approximately $3 million during initial rounds and experiencing a significant downturn in the crypto market in 2018, Solana persevered. The team focused on building a resilient product, ultimately launching their mainnet in March 2020 just in time for the surge in interest propelled by government stimulus measures and inflation concerns.
As Solana began to capture market attention, one crucial aspect contributed to its rising profile: a robust community of developers. A successful user experience and self-custody features helped encourage users to transfer assets from centralized exchanges into wallets, advancing user autonomy in the crypto space.