diff --git a/holoviews/core/spaces.py b/holoviews/core/spaces.py
index 7c782d0ba6..83930331e0 100644
--- a/holoviews/core/spaces.py
+++ b/holoviews/core/spaces.py
@@ -459,8 +459,7 @@ class Callable(param.Parameterized):
     """
 
     callable = param.Callable(default=None, constant=True, doc="""
-         The callable function being wrapped.""",
-        **{'allow_refs': False} if util.param_version > util.Version('2.0.0rc1') else {})
+         The callable function being wrapped.""", **util.disallow_refs)
 
     inputs = param.List(default=[], constant=True, doc="""
          The list of inputs the callable function is wrapping. Used
diff --git a/holoviews/core/util.py b/holoviews/core/util.py
index 21876175dd..4ae9f1c0d4 100644
--- a/holoviews/core/util.py
+++ b/holoviews/core/util.py
@@ -43,6 +43,8 @@
 
 anonymous_dimension_label = '_'
 
+disallow_refs = {'allow_refs': False} if param_version > Version('2.0.0rc1') else {}
+
 # Argspec was removed in Python 3.11
 ArgSpec = namedtuple('ArgSpec', 'args varargs keywords defaults')
 
@@ -1617,7 +1619,10 @@ def resolve_dependent_value(value):
         from panel.depends import param_value_if_widget
         from panel.widgets import RangeSlider
         range_widget = isinstance(value, RangeSlider)
-        value = param_value_if_widget(value)
+        if param_version > Version('2.0.0rc1'):
+            value = param.parameterized.resolve_value(value)
+        else:
+            value = param_value_if_widget(value)
 
     if is_param_method(value, has_deps=True):
         value = value()
diff --git a/holoviews/streams.py b/holoviews/streams.py
index 5b904fe1ae..41ee8924d9 100644
--- a/holoviews/streams.py
+++ b/holoviews/streams.py
@@ -50,10 +50,10 @@ def streams_list_from_dict(streams):
     params = {}
     for k, v in streams.items():
         if 'panel' in sys.modules:
-            from panel.depends import param_value_if_widget
             if util.param_version > util.Version('2.0.0rc1'):
-                v = param.parameterized.resolve_value(v)
+                v = param.parameterized.transform_reference(v)
             else:
+                from panel.depends import param_value_if_widget
                 v = param_value_if_widget(v)
         if isinstance(v, param.Parameter) and v.owner is not None:
             params[k] = v
@@ -682,8 +682,7 @@ class Params(Stream):
     parameterized = param.ClassSelector(class_=(param.Parameterized,
                                                 param.parameterized.ParameterizedMetaclass),
                                         constant=True, allow_None=True, doc="""
-        Parameterized instance to watch for parameter changes.""",
-        **{'allow_refs': False} if util.param_version > util.Version('2.0.0rc1') else {})
+        Parameterized instance to watch for parameter changes.""", **util.disallow_refs)
 
     parameters = param.List(default=[], constant=True, doc="""
         Parameters on the parameterized to watch.""")
diff --git a/holoviews/util/__init__.py b/holoviews/util/__init__.py
index a22434a902..e63bf3f482 100644
--- a/holoviews/util/__init__.py
+++ b/holoviews/util/__init__.py
@@ -885,7 +885,7 @@ class Dynamic(param.ParameterizedFunction):
         Whether the cloned DynamicMap will share the same cache.""")
 
     streams = param.ClassSelector(default=[], class_=(list, dict), doc="""
-        List of streams to attach to the returned DynamicMap""")
+        List of streams to attach to the returned DynamicMap""", **util.disallow_refs)
 
     def __call__(self, map_obj, **params):
         watch = params.pop('watch', True)