RESOLV Token Surges on Supply Squeeze Strategy

Resolv caught bullish momentum with a 22% rally, significantly outpacing the broader crypto market's modest +1.5% gain. The surge was fueled by aggressive tokenomics—75% of protocol fees are being redirected into repurchases, which has eliminated 1.6M RESOLV from circulation and tightened the supply.

The price action broke through the $0.145 resistance level, supported by growing staking participation. On-platform staking rewards currently clock in at 17.55% APR, pulling in capital from yield hunters.

The combination of supply compression through buybacks and elevated staking returns is creating a two-pronged incentive structure: holders get rewarded for locking up tokens, while the buyback mechanism reduces available supply. This dynamic has traders watching whether the momentum can hold above key technical levels.