Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Avalon Labs Burns 80M Tokens in Major Supply Cut

Avalon Labs Burns 80M Tokens in Major Supply Cut

CoinomediaCoinomedia2025/06/09 19:40
By:Aurelien SageAurelien Sage

Avalon Labs burns 80M AVL tokens, slashing its supply by 44% after unclaimed airdrop allocations.Background on the Airdrop and Burn DecisionAvalon’s Roadmap and Strategic Backing

  • 80 million AVL tokens burned by Avalon Labs
  • Burn represents 44% of AVL’s circulating supply
  • Tokens came from unclaimed airdrop allocations

In a bold move to reshape its tokenomics, Avalon Labs has announced the burn of 80 million AVL tokens, effectively removing 44% of its circulating supply. This significant burn primarily stems from unclaimed tokens in a previous airdrop campaign launched in March 2024.

The original airdrop distributed $20 million worth of AVL tokens to early users and supporters. While the campaign saw strong participation, a sizable portion of the allocations remained unclaimed. Avalon Labs has now decided to permanently eliminate these unclaimed tokens from circulation—a decision that could influence both investor confidence and token value.

Background on the Airdrop and Burn Decision

The March 2024 airdrop was a key part of Avalon Labs’ growth strategy, intended to reward the community and drive adoption of its Bitcoin-focused financial services. Despite its initial success, some tokens remained untouched. Instead of keeping them in reserve, the team opted for transparency and scarcity through a public burn.

Burning unused tokens is a common tactic in the crypto industry to reduce supply, which can potentially increase demand and price. In Avalon Labs’ case, this action also reinforces its long-term commitment to fair distribution and ecosystem integrity.

Avalon Labs has announced the burn of 80 million AVL tokens, representing approximately 44% of the circulating supply. The burned tokens primarily came from unclaimed allocations in an earlier airdrop campaign. Launched in March 2024, the campaign saw a total of $20 million worth…

— Wu Blockchain (@WuBlockchain) June 9, 2025

Avalon’s Roadmap and Strategic Backing

Avalon Labs has recently secured strategic funding led by YZi Labs, underlining growing investor interest in the project. With this latest token burn, the platform is positioning itself as a serious player in the Bitcoin DeFi space.

Investors and users may now view AVL as a more deflationary and potentially valuable asset, especially as Avalon continues to roll out new services and partnerships.

Read also:

  • Qubetics Presale in Final Phase—Is It One of the Best Coins to Join Now Alongside Arbitrum and Cardano?
  • Altcoins & ETH Set to Outperform as Market Follows 2020 Roadmap
  • Best New Crypto to Buy in 2025: BlockDAG’s NBA Deal Rumours Push It Ahead of TRX, DOGE, & KAS
  • Whale Goes Big: $53.6M BTC Long Opened on HyperLiquid
  • Trader Turns $171K Into $9.3M with $KTA in 3 Months
Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Best 100x Crypto Opportunities Right Now – Nexchain Leads, Unstaked & BTC BULL Follow

Discover top crypto presales in 2025: Nexchain, Unstaked & BTC BULL offer AI, utility, and big ROI potential—get in early today!Nexchain: AI Layer 1 Blockchain Presale Gains SpeedUnstaked: No-Code AI Tools Draw Big CapitalBTC BULL: Bitcoin-Powered Presale with Big FeaturesFinal Thoughts: Nexchain Tops Crypto Presale List

Coinomedia2025/06/09 19:40
Best 100x Crypto Opportunities Right Now – Nexchain Leads, Unstaked & BTC BULL Follow

Trader Turns $171K Into $9.3M with $KTA in 3 Months

A savvy trader makes a 54x return on $KTA, turning $171K into $9.3M in just three months.Inside the Trade: How It HappenedWhat This Means for Other Investors

Coinomedia2025/06/09 19:40
Trader Turns $171K Into $9.3M with $KTA in 3 Months