Solana Soars 7% as Key Advisor Joins Elon Musk’s X—Is This the Next Crypto Power Move?

Solana’s price rockets 7% following news of a strategic advisor joining Elon Musk’s X platform. The crypto market reacts—again—to Musk’s gravitational pull.

Another day, another Musk-induced market spike. Solana (SOL) traders are riding high after a key player linked to the blockchain project jumped aboard X, Musk’s everything-app. The move sent SOL prices up 7%—because nothing pumps a coin like a whiff of Musk’s endorsement.

Why the hype? X isn’t just a social network anymore. It’s a payments hub, a content beast, and now, apparently, a crypto catalyst. Solana’s advisor joining the fray signals deeper integration potential—or at least, that’s what speculators are betting on.

But let’s be real: This is crypto. A single tweet can move markets, and today’s 7% gain might be tomorrow’s ‘rug pull’ meme. Still, for now, Solana’s rally proves that in the casino of digital assets, Musk remains the house’s biggest draw.

Solana Rallies After Advisor Joins Elon Musk’s X

SOL’s latest rally came after the project’s advisor, Nikita Bier, announced joining X as Head of Product. Bier stated, “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.”

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

The ex-Solana consultant coming to X led to speculations that Elon Musk is thinking about incorporating crypto payments in the social media platform. X has not rolled out its much-awaited payment. Crypto payments are also expected on the platform. The latest developments have sparked new rumors. Musk is an outspoken supporter of Dogecoin (DOGE). His affinity to crypto has led many to hope SOL will also make it way into X.

It is unclear if Bier’s joining X will translate to SOL being included in X’s upcoming payment platform. Bier has joined as Head of Product, which usually looks after strategy, development, and management. Bier could have a say in whether the platform should or should not accept cryptocurrencies. But the final buck stops with Elon Musk. Musk’s decision, in the end, will be what decides X’s fate.

Will The Asset Continue To Rally?

The crypto market is facing a consolidation phase right now. It is possible that SOL will also follow a similar trend over the coming days. The asset could face a correction once the hype around Bier’s latest move cools down.

There has been a lot of talk about the SEC approving a spot solana ETF soon. An ETF launch could lead to a substantial price rally for the asset.