The latest token to catch Binance’s attention just delivered one of the biggest decentralized exchange surges this month. Following Binance’s announcement that it will list Resolv (RESOLV) on June 10, the token’s price soared by 460% on GeckoTerminal – well before trading has even begun on the exchange.
Binance will open Alpha trading for RESOLV at 13:00 UTC, with Futures following at 13:30 UTC the same day.
Here’s what you need to know.
The jump wasn’t unexpected. Tokens tend to rally after being picked up by major exchanges, but RESOLV’s 460% move stands out.
For comparison, Hyperliquid’s HYPE rose 6% after its Binance.US debut, Ethena (ENA) gained 8.6% post-Coinbase listing, and Pocket Network (POKT) surged 592% after Upbit support. In that context, RESOLV’s spike already puts it among the stronger market reactions this quarter.
Alongside the listing, Binance is giving select users access to exclusive airdrops through its Alpha Events page.
Users holding Alpha Points can claim these rewards when trading kicks off. According to one post on X, “RESOLV is about to TGE, listed on Binance Alpha and Binance Futures. Claim starts at 9 PM on June 10… Seems like a lot of people are farming.”
You might be thinking – yet another token chasing a hype cycle? Here’s why RESOLVE isn’t that.
It’s being developed by Resolv Labs, which recently secured $10 million in seed funding – a round that notably included Coinbase among its investors.
The project is aiming to launch a delta-neutral stablecoin, a design that tries to strip out directional market risk by balancing long and short positions. It’s a complex approach, but one that resonates with seasoned DeFi users looking for stability in volatile environments.
In a separate update, Binance announced it will delist five spot trading pairs on June 6 at 03:00 UTC. These include ACX/FDUSD, IDEX/FDUSD, ORCA/FDUSD, THETA/FDUSD, and XAI/FDUSD.
The exchange said this move is meant to “maintain a high-quality trading market.” Users can still access the individual assets via other pairs, but spot trading bots tied to the delisted pairs will be shut down.
Binance has advised users to cancel or update their bots ahead of time to avoid disruptions.
A 460% DEX rally, Binance backing, and big-name investors like Coinbase – RESOLV’s launch is hitting all the right pressure points. With trading just days away, the question now is how much of that momentum will hold once the real volume kicks in.
RESOLV is a new token by Resolv Labs aiming to launch a delta-neutral stablecoin; it surged 460% after Binance listing news.
RESOLV spot trading begins June 10 at 13:00 UTC, with Futures launching 30 minutes later at 13:30 UTC.
Pi Network's GCV has become one of the most discussed topics in the community lately.…
The cryptocurrency market is taking a hit today, with major players like Bitcoin, XRP, Ethereum,…
XRP is currently down by more than 5% and is trading at $2.06 at the…
The crypto market recorded more than $831 million in forced liquidations during the past 24…
Solana is pulling back into key support levels, as the selling volume is causing the…
The XRP price is currently facing immense selling pressure, which has dragged the levels below…