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Avalon Labs Completes $1.88 Million AVL Buyback-and-Burn as Token Rises

The repurchase used monthly protocol revenue to retire 13.96 million tokens at an average price of $0.1347.

Overview

  • Avalon said the action removed 13,955,164 AVL, bringing total burns since June to 93,955,164, a figure reflected on BSC Scan.
  • The company executed purchases by depositing 1.88 million USDT on Bybit, buying at a $0.1347 average before burning.
  • CoinGecko data showed a roughly 8–9% daily gain to about $0.146 with 24-hour trading volume near $24–25 million.
  • Only about 16.6% of the 1 billion total supply is unlocked, with scheduled token releases still ahead.
  • Avalon frames the program as linking platform usage to supply control as it pursues an on-chain capital market for Bitcoin.