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Avalon Labs Announces Monumental AVL Token Burn, Price Soars 8%
Yahoo Finance· 2025-09-10 17:18
Avalon Labs’ native token AVL recorded a notable 8% daily surge on Sept. 10, standing out in a largely flat crypto market. The surge follows the company’s announcement of a major buyback and burn program, aimed at supporting the token’s long-term value. Earlier today, Avalon Labs confirmed the successful completion of a $1.88 million buyback and burn, which removed 13,955,164 AVL tokens from circulation. This represents around 37% of the current market supply. The AVL buyback initiative began in June 202 ...