X launches new financial tag feature but faces community backlash. Can Smart Cashtags resolve the dissatisfaction in the crypto circle?

Platform X (formerly Twitter) has recently been embroiled in controversy. First, it faced fierce backlash from the “Crypto Twitter” community over proposed restrictions on user interaction frequency. Subsequently, it quickly launched new features, sparking speculation about its motives. These series of events highlight the delicate relationship between X and the cryptocurrency community, as well as the platform’s challenge in balancing innovation with user experience.

Community Backlash Grows: Restriction Policies Hit a Nerve

The trigger for the incident was a post by X Product Director Nikita Bier, which was later deleted. According to user interpretations, the post implied that X might limit the reply frequency of highly active users. This proposal caused a major stir among the crypto community, which values high interaction and rapid dissemination.

Analyst KALEO bluntly criticized the policy as unreasonable, stating that restricting reply counts is as absurd as “telling streamers they can’t chat with viewers too often.” Users generally worry that this will directly harm community-driven discussion spaces, leading to a sharp decline in message reach and weakening the dissemination ecosystem that the crypto community relies on.

This backlash indicates that, for the crypto community that views X as a core platform, freedom of interaction is not just a functional need but a fundamental part of their culture. Any restriction measures are seen as a direct threat to their ecosystem.

Smart Cashtags Debuts: A Tool Exclusive to Financial Communities

The day after the community’s heightened emotions, Nikita Bier posted another message announcing that X is developing a new feature called “Smart Cashtags” for financial topics. This move is seen as a possible response to the community, although the official has not explicitly confirmed it.

Smart Cashtags will automatically recognize specific assets, including cryptocurrencies and smart contracts. When users input stock or crypto symbols, they will be able to precisely specify the involved assets. Readers can click on the tags to view real-time price data and related discussions directly on the feed, without needing to switch pages.

According to screenshots released by the official, when users type the “$” symbol, the system will automatically display a list of assets to choose from, including Bitcoin, BONK, and Base. This suggests that future posts will be directly linked to dedicated asset pages, greatly improving information access efficiency.

Nikita Bier emphasized, “X is one of the world’s most important sources of financial information, with hundreds of billions of dollars in market capital, all based on what people see here.” This statement underscores the strategic significance of Smart Cashtags for X’s financial position.

Ecosystem Resonance: Solana Labs Responds Actively

Solana Labs quickly reposted the news, highlighting its significance for the crypto community. In the future, users will be able to precisely tag Solana ecosystem tokens and view real-time prices, charts, and related discussions with a single click, seamlessly integrating community interaction with market information.

This rapid response reflects that the Smart Cashtags feature indeed hits the pain points of the crypto community. For a highly active trading environment with rapid information flow, accurate asset tagging and real-time data will undoubtedly enhance discussion quality and decision-making efficiency.

Timing Sparks Speculation: Can the New Feature Calm Backlash?

However, the timing of the Smart Cashtags release is quite delicate. Its announcement coincides precisely with tense relations between X and the crypto community, inevitably leading to speculation: is this a platform’s “appeasement” move?

Although X has not confirmed whether this feature is a response to previous controversies, the close timing is enough to spark imagination within the crypto community. For the platform, whether this new feature can truly resolve community dissatisfaction will be a key test of the relationship between X and the crypto world.

Nikita Bier mentioned that if all goes well, the feature could be publicly released in the near future. When this tool officially launches, it will test whether X can satisfy community needs through innovative features while maintaining a balance in platform governance.