A widely followed analyst says Bitcoin (BTC) is showing signs of being on the verge of a massive breakout.

The analyst pseudonymously known as Credible Crypto tells his 462,900 followers on the social media platform X that Bitcoin may reclaim the $100,000 range if BTC can break through resistance around the $88,000 level.

“We’re at a key inflection point around this region, but since we went up to tag it BEFORE going down to range lows this is a good sign. It increases the odds that if we reject here but hold range lows [at around $78,000], the next move up will be expansion and a true breakout through not just this level but the original supply zone above in RED that we first rejected from. All eyes on this key zone for now.”

The analyst says Bitcoin’s dip to the $84,000 range after tagging $87,000 on Thursday keeps the flagship crypto asset on target to reclaim the $100,000 level.

“A perfect rejection so far.”

Bitcoin is trading for $84,427 at time of writing, down 1.5% in the last 24 hours.

Next up, the analyst suggests payments token XRP may dip below $2.00 before rallying to its all-time high of about $3.40.

“This is still the game plan for XRP by the way. If we don’t get it, we don’t get it, and we ride spot to double digits regardless. But I’m not interested in jumping into fresh longs mid-range. Hoping people choose to fade this push so we get what would be a fantastic opportunity.”

XRP is trading for $2.45 at time of writing, down 1.7% in the last 24 hours.

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Meteora, the popular decentralized exchange on Solana, has put forward two proposals for adjusting MET token allocation.

According to Meteora’s Mar. 20 post on X, these changes aim to make liquidity provider rewards fairer, support new token launches, and secure long-term incentives for the team. The first proposal suggests revising the LP Stimulus Plan.

Originally, 10% of the MET supply was set aside to reward liquidity providers, but since the program has been running longer than its expected December 2024 end date, Meteora wants to increase this to 15%. This adjustment ensures that early and new LPs receive rewards without devaluing tokens. 

Early contributors will receive 2% of MET under the updated plan, while all LPs will receive 8% equally. The original points multiplier system has been replaced by this. An extra 3% of MET will go to Launch Pools and Launch Pads in order to avoid reward dilution for retail LPs.

The second proposal focuses on the team. Meteora plans to allocate 20% of the MET supply to its team, with a six-year vesting period to maintain long-term commitment. Within this, 2% will go to M3M3 token holders. M3M3 is Meteora’s stake-to-earn platform, which lets users earn fee rewards from permanently locked liquidity pools.

This move follows the mismanagement of M3M3 by its original creators, which led to investor losses. To maintain fairness, the distribution will be based on two snapshots and wallets connected to questionable activity will be blocked.

Meteora has experienced rapid growth in the past few months. According to DeFiLlama data, the platform’s trading volume surged 33 times, from $990 million in December 2024 to $33 billion in January 2025.

Due to its rapid growth, Meteora now holds a 9% market share and is ranked fourth among DEXs by trading volume. While the broader DEX market was on a downturn, Meteora raked in $195 million in monthly fees in February.

Despite its achievements, Meteora is currently facing legal issues that may impact its future. Burwick Law, a New York law firm, filed a class-action lawsuit against Meteora, KIP Protocol, and Kelsier Ventures on Mar. 13. According to the lawsuit, they defrauded retail traders and misled investors by manipulating liquidity during the LIBRA token launch.