Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Solana Advisor Nikita Bier Joins Elon Musk's X, Reigniting Crypto Payments Speculation

Solana Advisor Nikita Bier Joins Elon Musk's X, Reigniting Crypto Payments Speculation

CryptoNewsNetCryptoNewsNet2025/07/01 00:32
By:decrypt.co

Nikita Bier, a well-known advisor to Solana Labs and app creator, is joining X as head of product, he said Monday.

The move comes amid growing speculation about X's plans to evolve into a payments platform—and whether Dogecoin, Elon Musk’s favorite cryptocurrency, will finally find a home there.

Dogecoin ticked up slightly following the announcement, rising 1.82% from $0.1645 at 9:30 a.m. PT to a daily high of $0.1675 before falling again to $0.1659.

“Ladies and gentlemen, I’ve officially posted my way to the top,” Bier wrote on X. “I’m joining X as Head of Product.”

Ladies and gentlemen, I've officially posted my way to the top:

I'm joining @X as Head of Product.

𝕏 is the most important social network in the world. It's where internet culture originates and where the world's most influential people convene.

Finding my community and… pic.twitter.com/MLU16rvXIP

— Nikita Bier (@nikitabier) June 30, 2025

In an X post showing him posing with Musk—which Musk then quote-tweeted—Bier credited the social media platform with shaping internet culture and global discourse, and said it had played a defining role in his personal and professional life: “X is the most important social network in the world. It's where internet culture originates and where the world's most influential people convene.”

As part of his new role, Bier, who founded TBH—a polling app acquired by Facebook in 2017—said he would focus on integrating Grok, X’s in-house chatbot developed by xAI, into the platform. His goal, he said, is to help users better understand real-time conversations by building “hyper-relevant timelines.”

<span></span>

Bier’s appointment may also signal a deeper push toward crypto integration as Musk looks to build his “everything app.”

Since 2023, X has quietly acquired money transmitter licenses in over a dozen U.S. states, including Arizona, Georgia, and Michigan. In May, Musk announced that X users would soon be able to make payments using a native currency called X Money. In June, CEO Linda Yaccarino followed up with plans to support in-app investing and trading.

Still, a question remains: Whither Dogecoin?

Despite Musk’s long-standing public affection for the number one meme coin, including past tweets that have sparked significant price movements, there has been no confirmation that Dogecoin will be part of X’s financial ecosystem.

“While I already spend every waking hour on this app,” Bier wrote, “I’ll now be spending that time helping others unlock that same value.”

Bier did not immediately respond to a request for comment by Decrypt.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

2025 TGE Survival Ranking: Who Will Rise to the Top and Who Will Fall? Complete Grading of 30+ New Tokens, AVICI Dominates S+

The article analyzes the TGE performance of multiple blockchain projects, evaluating project performance using three dimensions: current price versus all-time high, time span, and liquidity-to-market cap ratio. Projects are then categorized into five grades: S, A, B, C, and D. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.

MarsBit2025/11/28 16:26
2025 TGE Survival Ranking: Who Will Rise to the Top and Who Will Fall? Complete Grading of 30+ New Tokens, AVICI Dominates S+

Mars Finance | "Machi" increases long positions, profits exceed 10 million dollars, whale shorts 1,000 BTC

Russian households have invested 3.7 billion rubles in cryptocurrency derivatives, mainly dominated by a few large players. INTERPOL has listed cryptocurrency fraud as a global threat. Malicious Chrome extensions are stealing Solana funds. The UK has proposed new tax regulations for DeFi. Bitcoin surpasses $91,000. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated by the Mars AI model.

MarsBit2025/11/28 16:26
Mars Finance | "Machi" increases long positions, profits exceed 10 million dollars, whale shorts 1,000 BTC

How much is ETH really worth? Hashed provides 10 different valuation methods in one go

After taking a weighted average, the fair price of ETH exceeds $4,700.

ForesightNews 速递2025/11/28 15:05
How much is ETH really worth? Hashed provides 10 different valuation methods in one go

Dragonfly partner: Crypto has fallen into financial cynicism, and those valuing public blockchains with PE ratios have already lost

People tend to overestimate what can happen in two years, but underestimate what can happen in ten years.

深潮2025/11/28 14:53
Dragonfly partner: Crypto has fallen into financial cynicism, and those valuing public blockchains with PE ratios have already lost