No.
That drive is rated at only 100mb/s. Mind numbingly slow. And thats READ, not write. You don't need read speed in the bird, you need write speed. But, lets play along....
I just looked at the files from one capture off my X5R. I selected files in the folder until I reached 100mb. I managed to get 15.
So, unless you are shooting video at below 15fps, that card is completely incapable of recording the data fast enough. And thats even using its fastest READ speed. Write speed is typically 70-80% of read speed, on a good day. With a tail wind. Downhill.
Looking at the files again, I selected 24 frames. It adds up to 160mb. So any media would have to SUSTAIN a WRITE speed of 160mb/s to record 24fps. 30 frames adds up to 199mb. So media would need 200mb/s sustained write speed.
No U1 card is capable of that. Period. Some U3 cards are there, but just. SanDisk Extreme's can't even break through the 200mb/s write speed barrier and that card you linked isn't even in the "Extreme" product group. There are only 2 capable of recording 30fps raw. Lexar
Professional 2000x LSD32GCRBNA2000R and Toshiba
Exceria Pro N101 in at 241mb/s and 231mb/s respectively.
Lexar 128GB Professional 2000x UHS-II SDXC LSD128CRBNA2000R B&H
https://www.amazon.com/Toshiba-Exceria-128GB-Memory-UHS-II/dp/B00Z0V3F5Q
So lets look at the cheapest of the two Lexar. It comes in at $1.47 per gig. The SSD for my X5R is $299. Expensive for an SSD but its only in at $0.58 per gig, about 1/3 the price of the lexar! So while its expensive for an SSD, its still far cheaper than the alternative uSD cards.
That and I don't know what the chips in the X5 camera are capable of. Don't know if they can send data to the card faster than it can take it or not. Unsure where the bottleneck is but I presume its the cards right now.
No, the need for the SSD is not going away any time soon. Its still the most capable media for the job and the least expensive to boot. The lightest air load, no, that goes to the uSD. But until the uSD plays serious catch-up, the SSD is still the king.