Gate News Bot news, July 22, according to CoinMarketCap, as of the time of writing, RESOLV (Resolv) is currently priced at $0.19, having risen 16.44% in the last 24 hours, with a high of $0.20 and a low of $0.15. The current market capitalization is approximately $50.4 million, an increase of $7.12 million from yesterday. Resolv USR is a true delta-neutral stablecoin, independent of real-world asset risks, with its yield driven by the cryptocurrency market. USR is backed by ETH, BTC, and derivatives, built to withstand fluctuations in the crypto market. The Resolv Liquidity Pool (RLP) serves as a scalable tokenized protective layer, isolating the risks of the stablecoin. Features of USR include high capital efficiency, risk isolation, and competitiveness.

PANews reported on June 10 that the Hyperliquid platform announced that it now supports long or short trading on $RESOLV, with up to 3 times leverage.

Odaily News Resolv team member Tim Shekikhachev posted on X that Resolv has released over 15% of its Token supply to the market, including Airdrop, liquidity provider inventory, and incentive budget. Most of this has flowed to early users who have long supported the protocol before the Token generation. Some investors are shorting the Token in anticipation of public market selling and plan to buy back at a lower price. Considering the aggressive dumping that typically occurs after an Airdrop, this strategy makes sense, as savvy investors would want to get on board at a lower valuation for greater returns. Tim added: "The Resolv Foundation has not sold any tokens during this period. In fact, at the current price level, we are committed buyers – purchasing 1.6 million RESOLV at an average price of about $0.15 over the past 24 hours."