Haciyev Reşit 
Avalon Labs has announced that it has completed a buyback and burn of AVL tokens worth a total of $1.88 million. Combined with the 80 million AVL tokens burned in June, the company has effectively removed nearly 37% of the circulating supply in recent months.
The Importance of Buybacks and Burns
In the crypto market, token buyback and burn programs are known for reducing supply, often creating a positive impact on price. Avalon Labs’ consecutive actions have:
- Boosted confidence within the community
- Increased interest among long-term investors
Experts note that such deflationary measures strengthen tokenomics and help provide stronger price support.
“Token burns and buybacks reduce supply, positively impacting price and enhancing long-term investor confidence,” one expert stated.
AVL Token Price Surge
Following the completion of the buyback and burn, the price of AVL tokens also recorded a notable increase. According to CoinGecko data, AVL rose from $0.1324 to $0.20 — an increase of roughly 19%. This price surge highlights how reduced supply can intensify buying pressure.
Why This Move Matters
Avalon Labs’ buyback and burn strategy aims to strengthen tokenomics and boost long-term investor confidence. Such deflationary measures reflect a proactive management approach in the crypto market and demonstrate a strategy focused on preserving token value
Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.