Sep 10, 2025
Avalon Labs Burns 37% of AVL Supply After $1.88M Buyback Pushes Price Higher
TLDR: Avalon Labs executed a $1.88M AVL token buyback and burn fully funded by its monthly protocol revenue. Since June 2025, Avalon Labs has permanently destroyed 93,955,164 AVL, equal to 37% of circulating supply. The buyback program used Bybit deposits to repurchase AVL at an average price of $0.1347 before burning. CoinGecko data shows AVL [...]
The post Avalon Labs Burns 37% of AVL Supply After $1.88M Buyback Pushes Price Higher appeared first on Blockonomi.
Source: Blockonomi →Related News
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