Avalon Labs Burns $1.88 Million of AVL Tokens, Driving Price Increase

Avalon Labs has executed a significant token burn event, purchasing and destroying $1.88 million worth of its AVL tokens. The move was funded entirely by the company’s monthly revenue generated from its platform. This operation saw 93.9 million AVL tokens removed from circulation, representing roughly 37% of the existing supply. 80 million tokens were burned in June 2025 as part of an earlier initiative.