Is Resolv Rally Only at the Beginning? US Senate Greenlights GENIUS Act
RESOLV remains robust, having risen 84% from its all-time lows. The timing of the USR stablecoin launch aligns perfectly with the Senate’s approval of the GENIUS Act. Should this bill be enacted, it could lead to a significant rise in DeFi initiatives.
Since June 12, Resolv has been making waves in the crypto update scene, and justifiably so.
In light of its native coin, RESOLV, gaining 84% since the lows on June 10, the project has recently launched its primary offering, an algorithmic stablecoin, at an ideal moment.
This timely introduction could push RESOLV prices even further up in the upcoming sessions, especially as regulations turn favorable and the market demand for stablecoins increases.
The lingering question is: Is the current dip in RESOLV an opportune moment for savvy investors to acquire the crypto token at a lower price? Are we on the verge of a massive rally for RESOLV in the near future?
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RESOLV Remains Strong Post-Launch
Although the crypto token saw a minor dip, similar to many altcoins—including a few of the top cryptocurrencies to buy such as Cardano and Solana, the upward trend initiated by the June 10 bar continues to hold.
RESOLV values remain well within the uptrend range established on June 10, and it’s worth noting that the present dip is occurring with minimal trading volume.
From a technical standpoint, this is a optimistic signal, and traders may identify entry points on dips above the June 11 lows near $0.28. Conversely, a closure above $0.42 with increasing trading volume could see RESOLV reach new all-time highs.
The momentum arises from Resolv’s compelling value proposition and its innovative solutions for the digital currency and financial sector.
At the heart of the project is a yield-generating, risk-neutral USD-pegged stablecoin tailored for Decentralized finance applications.
This includes an automated, public, on-chain dispute resolution system, coupled with a network designed to boost market fluidity.
Will the Upward Trend Persist?
The listing on Binance Alpha sparked interest and price increases as trading commenced on June 10.
As of June 12, the trading volume in derivatives surpassed $3 billion.
(Source)
At the same time, open interest was recorded at $94 million, a decline of 3%. Most of RESOLV’s open interest is concentrated on Binance, though there is substantial market demand on other platforms such as Bitget and Hyperliquid.
Furthermore, momentum is building.
As of June 11, over 1 million RESOLV tokens had been distributed to stakers, with an additional million allocated for the next two weeks. Stakers are currently enjoying a 69% APR yield.
Earning yield highlights after first 14 days of staking:
• 1,000,000 $RESOLV have already been allocated to stRESOLV holders
• An additional 1,000,000 $RESOLV is planned for distribution over the next 14 days
• Enhanced earning yield multiplier after claiming and restaking rewards
• Current APR is ~69% pic.twitter.com/I4UOllrqLs
— Resolv Foundation (@ResolvCore) June 11, 2025
Nonetheless, the primary catalyst for RESOLV and DeFi lies in the approval of the GENIUS Act within the U.S. Senate.
Following a 68-30 vote, the Senate moved forward with the GENIUS Act after more than four weeks of discussions, with Majority Leader John Thune calling on Congress to back the bill.
Supporting the legislation aligns with President Donald Trump’s aspiration to position the United States as a central hub for crypto asset activity, which would also benefit some of the premier meme crypto token ICOs.
Should Congress ratify the GENIUS Act and it become law, it could pave the way for crypto’s mainstream acceptance, benefitting DeFi projects such as Resolv.
While the Act sets a federal regulatory standard for stablecoins in the U.S., it categorizes yield-generating stablecoins like USR as securities that fall under SEC oversight.
The GENIUS ACT effectively places stablecoins within the banking framework – **no interest payments, only licensed banks & associates can issue them, and your favored decentralized stablecoin might face prohibition**. TL;DR: It’s a *stablecoin crackdown* that favors the established players and could… pic.twitter.com/3p2cWyR8Mh
— Richard Heart (@RichardHeartWin) May 16, 2025
As a result, for USR to be available in the U.S., Resolv must secure licensing from the stringent regulator, which imposes limitations on DeFi integrations and raises costs.
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Is RESOLV’s Crypto Rally Just Beginning? Senate Passes the GENIUS Act
- RESOLV price trending upwards, with an increase of 84% from June 10 lows
- USR stablecoin is yield-bearing
- Launch of Resolv is timely
- The GENIUS Act has been passed by the U.S. Senate
2025
The post Is Resolv Rally Just Getting Started? US Senate Approves GENIUS Act appeared first on 99Bitcoins.
