RESOLV -16.9% in 24 Hours Amid Smart Contract Upgrade Delays

RESOLV experienced a sharp 16.9% decline within 24 hours on August 7, 2025, as the network faced mounting criticism over delayed smart contract updates. The project had announced plans to implement a series of protocol-level improvements designed to enhance interoperability and reduce transaction latency. However, multiple delays in the deployment schedule have sparked concerns among investors and developers alike.

Upgrade Timeline Missed, Community Frustration Grows

Originally slated for mid-July, the rollout of the smart contract enhancements has been postponed twice, with the latest update pushing the implementation date to late August. The delay has been attributed to extensive testing requirements and a need to ensure full compatibility with existing dApps built on the RESOLV ecosystem. Community members on forums and social media have expressed frustration, with some calling the repeated delays a sign of poor governance and operational inefficiency.

Project developers have maintained that the changes are necessary to prevent potential security risks and ensure the long-term stability of the platform. In a recent statement, the RESOLV core team emphasized that the additional time was being used to address edge cases and optimize gas fees for frequent users.

Governance Proposals Spark Debate

Amid the uncertainty, a governance proposal has been submitted to allow token holders to vote on a potential third-party audit of the new smart contracts. The proposal has received mixed reactions, with some supporting the move for transparency and others questioning the need for further delay.

Analysts project that the final audit and contract deployment could influence market sentiment in the coming weeks, particularly if the process is completed without major setbacks. However, there is no confirmation yet on a revised timeline for these steps.

Ecosystem Partners Remain Neutral

Several ecosystem partners have yet to comment on the delays, choosing instead to focus on their individual roadmap commitments. A few have indicated they may pause integration efforts until the updated smart contracts are live, which could affect the pace of new project onboarding.

Despite the 24-hour price drop, the broader 7-day return for RESOLV remains positive at 423.53%, suggesting that while short-term sentiment is souring, long-term confidence has not been entirely eroded. Investors continue to watch for signs that the project will regain momentum following the resolution of current challenges.