The API policy adjustments on Platform X have caused significant disruptions to projects relying on this ecosystem. Infofi, a data-based information service in the X data track, is among the first to be affected, and its prospects have become somewhat uncertain. Honestly, the traffic barrier accumulated by X is too strong; no one can bypass it. Some teams are exploring response strategies, but the specific product implementations still need to be observed.

In contrast, some leading exchanges have long recognized this point. Building their own content ecosystems and creating exclusive community platforms—this move is very clever. Not relying on a single channel for traffic, and controlling the user connection entry points themselves—this is the true long-term moat. It seems that the foresight in ecosystem layout really determines the platform’s risk resistance capability.