Dynamic Range (R128) is a measure of the difference between the loudest and quietest parts of a track.
Dynamic Range (DR) is a measure of the difference between the peaks in the track and the average level, which is a good indicator of how "dynamic" a track sounds.
Volume Leveling uses the average "loudness" (volume) of a track.
Dynamic Range has no effect on this - nor should it.
Dynamic Range Compression is often used in modern mastering, which reduces the Dynamic Range (DR) of a track in order to make it play louder. Volume Leveling is specifically designed to prevent that from happening.