Passage
The stone which the builders rejected Has become the chief corner stone.
The stone which the builders rejected Has become the chief corner stone.
Psalms 118:20 This is the gate of Yahweh; The righteous will enter through it.
Psalms 118:21 I shall give thanks to You, for You have answered me, And You have become my salvation.
Psalms 118:22 The stone which the builders rejected Has become the chief corner stone.
Psalms 118:23 This is from Yahweh; It is marvelous in our eyes.
Psalms 118:24 This is the day which Yahweh has made; Let us rejoice and be glad in it.
The verse centers on "stone", "builders", "rejected", "become", "chief", and "corner". It is saying that the verse draws attention to "stone" and "builders", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 21's "I shall give thanks to You for..." into verse 23's "This is from Yahweh It is marvelous...", so "stone" and "builders" belong inside that flow. In Psalms context, the local focus is worship, trust, the LORD's kingship, and covenant mercy.
A plain takeaway is to answer the verse's own emphasis on "stone" and "builders" with trust shaped by these words, not by a vague optimism outside the passage.