X revoked the API access for the reward posting application, and KAITO briefly dropped over 15%

X product lead and Solana ecosystem advisor Nikita Bier stated: "We are revising the developer API policy: applications that incentivize users to post on X (the so-called InfoFi) will no longer be allowed. Such mechanisms have already caused a significant amount of low-quality AI content and reply spam on the platform.

We have revoked the API access for these applications, so your X experience will soon begin to improve (once the bots realize that posting is no longer profitable).

If your developer account has been terminated as a result, please reach out to us proactively, and we will assist you in migrating your business to Threads and Bluesky."

As a result of this news, KAITO briefly dropped over 15%.