Avalon Labs Executes $1.88M Buyback to Burn 37% of AVL Supply
Avalon Labs has completed a $1.88 million buyback on Bybit since June 2025 to fund an AVL token burn that removed 13.95 million tokens—37% of the circulating supply. Using USDT from protocol revenue, the program has now burned 93.96 million AVL tokens worth $13.8 million, cutting supply from 254.25 million to 160.29 million.
Following the AVL token burn, the price jumped 7.6% to $0.147, peaking at $0.155 before stabilizing around $0.145. Technical indicators show rising RSI below overbought levels and widening Bollinger Bands, suggesting momentum could extend if AVL holds above the $0.1347 mid-band. Key support lies at $0.13–$0.12.
Avalon Labs plans regular buybacks funded by protocol revenue to boost token scarcity and long-term value. Traders view this aggressive circulating supply reduction as a bullish catalyst, though sustained demand for AVL’s on-chain capital market use cases will determine future momentum.
Bullish
The AVL token burn and $1.88 million buyback program significantly reduce circulating supply by 37%, creating tangible scarcity. The immediate 7.6% price surge and supportive technical indicators (rising RSI, widening Bollinger Bands) point to short-term upside potential. Regular, revenue-funded buybacks signal a sustainable approach to value support, bolstering long-term confidence. However, future momentum hinges on continued demand for AVL’s on-chain capital market applications.