Avalon Labs Dey Run $1.88M Buyback To Burn 37% of AVL Supply

Avalon Labs don complete $1.88 million buyback for Bybit since June 2025 to fund AVL token burn wey clear 13.95 million tokens—37% of di circulating supply. Dem dey use USDT from protocol revenue, di program don burn 93.96 million AVL tokens worth $13.8 million, reduce di supply from 254.25 million to 160.29 million. After di AVL token burn, di price rise 7.6% to $0.147, reach peak for $0.155 before e balance around $0.145. Technical indicators show say RSI dey climb but still under overbought levels and Bollinger Bands dey spread, mean say momentum fit continue if AVL hold above $0.1347 mid-band. Di key support dey for $0.13–$0.12. Avalon Labs plan dey do regular buybacks wey protocol revenue go fund to increase token scarcity and long-term value. Traders dey see dis aggressive cut down for circulating supply as one better bullish catalyst, but future momentum go depend on demand wey go still dey for AVL’s on-chain capital market use cases.