Avalon Labs Executes AVL Token Buyback and Burn

Avalon Labs , a leading Bitcoin-centric financial ecosystem, has successfully completed a $1.88 million AVL token buyback and burn. With this move, the platform has now burned tokens equivalent to 37% of the circulating supply, potentially setting the stage for a more stable and valuable ecosystem.

Bu yback and Burn

In a recent X post , Avalaon Labs announced the completion of $1.88M token buyback and burn. By destroying 37% of the circulating supply, the company demonstrates its commitment to coin holders and reinforces the token's long-term value proposition. The platform stated,

“We’re pleased to announce the successful completion of a $1.88M AVL coin repurchase and burn, reinforcing our long-term commitment to creating sustainable value for our community and ecosystem.”

Starting from June 2025, the firm deposited $1.88 million USDT into the Bybit exchange. The team used this fund to buy back tokens at an average rate of $0.1347 per coin. As a result, they were able to repurchase a total of 13,955,164 coins. These repurchased tokens were then permanently burned, meaning they were removed from circulation and can no longer be used or traded.

Funded entirely by the platform's monthly protocol revenue, this strategic decision comes on the heels of a previous currency destruction in June, where 80 million coins valued at $16 million were permanently removed from circulation. The firm noted,

The repurchase and burning were fully funded by Avalon Labs’ monthly protocol revenue, reflecting the strong and consistent usage of our platform. This initiative underscores our dedication to aligning protocol growth with community interests, while enhancing long-term value for AVL holders.

Token Destruction Pushes Price Up

Following the Avalon Labs token buyback and burn, the AVL price has seen a significant surge. Currently valued at $0.1445, the cryptocurrency is up by a remarkable 9%. Despite a 9.6% dip over the past month, the cryptocurrency has seen a significant uptick of 13% over the past week.

This positive sentiment is also reflected in the traders’ activity as the 24-hour trading volume is showing notable growth. As of now, the volume is recorded at $25.07M, up 9%.