Keynote
Avalon Labs has completed a $1.88 million buyback and burn. This burn represents 37% of AVL’s distribution supply.
Avalon Labs’ native token AVL recorded a prominent 8% daily surge on September 10th, and stands out mostly in the flat crypto market. Surge follows the announcement of the company’s massive acquisition and burn programme, which aims to support the long-term value of the token.
Today, Avalon Labs confirmed that the $1.88 million repurchase and burns were successfully completed, which removed 13,955,164 AVL tokens from the circulation. This represents approximately 37% of the current market supply.
Announces the successful completion of the $1.88 million AVL token repurchase and burning, strengthening our long-term commitment to creating sustainable value for our communities and our ecosystem.
As part of this program, Avalon Labs deposited USD 1.88 million on Bybit…pic.twitter.com/adzrrfjfam
– Avalon Labs (@AvalonFinance_) September 10, 2025
The AVL Buyback Initiative began in June 2025 with USD 1.88 million
USDT
$1.00
24-hour volatility:
0.0%
Market Cap:
$169.11 b
Vol. 24H:
$90.18 b
I deposited it on Bybit and bought back the tokens for an average price of $0.1347. The program was fully funded using Avalon Labs’ monthly protocol revenues without additional capital injections.
Since June, the platform has burned a cumulative total of 93,955,164 AVL tokens, according to BSC scan data.
Focusing on the creation of capital markets on the Bitcoin chain, Avalon Labs has reiterated its commitment to fostering sustainable ecosystem growth.
AVL is a relatively new crypto token, launched in February for a transaction after the airdrop was completed. Currently, only 16.6% of the total supply is unlocked, with several scheduled token releases expected in the coming months.
Despite recent profits, AVL is 70% below its $0.70 peak recorded in March. At the time of writing, AVL is trading around $0.145 with a market capitalization of $23.47 million.
Will it increase sharply from AVL prices?
In the daily AVL price list, RSI shows an increase in purchasing pressure, but it is not yet overbought. This suggests a further rise if momentum is brought into effect.
Bollinger bands are expanding, reflecting increased price volatility. AVL prices have recently tested the upper band and show a possible trend reversal. The mid-band, which costs around $0.1347, serves as important short-term support.
A sustained hold above the increased volume of midband confirms bullish strength and expands the upper band more. However, if sales pressure returns, traders can see tests of support for around $0.13 and $0.12.
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Disclaimer: Coinspeaker is committed to providing fair and transparent reporting. This article is intended to provide accurate and timely information, but should not be considered financial or investment advice. Market conditions can change quickly, so we recommend that you review your information yourself and consult with an expert before making a decision based on this content.
A crypto journalist with over five years of experience in the industry, Perth has worked with leading media outlets in the Crypto and Finance world, gathering experience and expertise in this field after surviving the bear and bull market for many years. Perth is also the author of four self-published books.
Parth Dubey on LinkedIn
