Solana Advisor Nikita Bier Discusses Development of Smart Cashtags

According to PANews, Nikita Bier, the product lead for X and an advisor to Solana, has revealed ongoing development of Smart Cashtags. Some members of the crypto community have raised concerns about the platform's backend for querying crypto assets, noting that smaller market cap assets not yet listed on major exchanges might be difficult to query, necessitating a switch to decentralized exchanges (DEX) for information. In response, Nikita Bier stated that the API used by the X platform will be capable of processing any on-chain minted content almost in real-time. When asked about the possibility of conducting crypto transactions on X using self-custody wallets or widgets from centralized exchanges (CEX) in the future, Bier did not provide a definitive answer, responding only with an emoji indicating attention.