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Avalon Labs Burns 80 Million AVL Tokens to Kick Off Deflationary Phase

Avalon Labs has permanently burned 80 million AVL tokens, accounting for 44% of the circulating supply. According to an X post, the tokens, worth approximately $16 million, were unclaimed from the platform’s March 2024 a...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Avalon Labs Burns 80 Million AVL Tokens to Kick Off Deflationary Phase
Avalon Labs has permanently burned 80 million AVL tokens, accounting for 44% of the circulating supply. According to an X post, the tokens, worth approximately $16 million, were unclaimed from the platform’s March 2024 airdrop campaign, which saw $20 million worth of AVL claimed by over 100,000 users. This major burn marks the start of […]

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