Avalon Labs Burns $1.88M of AVL Tokens: A Look at the Strategy’s Impact

Cryptocurrency firm Avalon Labs has launched a strategic buyback and burn initiative, reducing its circulating supply of AVL tokens by over 37% in recent months. This action, funded entirely through the protocol’s monthly revenue stream, aims to increase token value and maintain liquidity. The move highlights a growing trend among blockchain companies to prioritize organic growth strategies rather than relying on external fundraising. analyst believe this strategy could bolster the AVL token’s price stability while fostering market integrity.