Avalon Labs has repurchased and burned 13.95 million AVL tokens, reducing its supply by 37%. This initiative aims to strengthen its position in the on-chain Bitcoin capital market while enhancing investor confidence. Following the announcement, AVL’s price surged 9%.

Avalon Labs successfully completed a $1.88 million buyback and burn of their token AVL, eliminating 37% of its circulating supply. Following this, AVL saw an 8% increase, trading around $0.145, while still significantly below its peak value.

Avalon Labs has acquired and burned 13.95 million AVL tokens worth 1.88 million USD, demonstrating a long-term commitment to the AVL community and ecosystem. To date, a total of 93.95 million AVL have been burned.

Key Notes AVL price incraesed by 21% as 80 million tokens were burned, cutting supply significantly. The deflationary move led to a 90% spike in 24-hour trading volume. Experts see long-term potential as Avalon enters a value-driven ecosystem phase. Following a recent major token burn event, A

Avalon Labs has announced the burning of 80 million AVL tokens, accounting for approximately 44% of the circulating supply. The burned tokens mainly came from unclaimed allocations in a previous airdrop campaign. Launched in March 2024, the campaign saw a total of 20 million dollars worth of AVL successfully claimed.

Cryptocurrencies $AVL, $SAROS, and $BLZ exhibit resilience, while $DEGO and $OBT surge, solidifying their positions as high-yield investments. Investors show growing interest in these assets due to their strong performance and future profitability potential.

Avalon introduces a Bitcoin-backed stablecoin, USDa, providing a decentralized and bank-independent alternative with deep liquidity and institutional-grade stability.

Avalon Labs received over 3 million users in one day during their airdrop registration. The company also plans to launch its governance token, AVL, to improve Bitcoin's role in decentralized finance. With a TVL of $2 billion and a $10 million Series A investment cycle, Avalon Labs confirms its leadership in the BTCFi and DeFi innovation sector.

Avalon Labs announces TGE for its governance token AVL, which will enhance Bitcoin's role in decentralized finance. Meanwhile, USDa stablecoin reaches 100M supply, backed by $200M Bitcoin reserves, and provides rewards for participants in the ecosystem.

Avalon Labs plans to airdrop tokens to supporters totaling 20% of the total AVL supply. AVL will offer many utility programs such as staking rewards and governance rights, and token generation activity will take place shortly. Details will be announced at the end of the accumulation period.