<ul><li>Avalon Labs burned 80 million AVL tokens, reducing the total supply by almost half to increase the token's value.</li><li>AVL's price surged by 18% after the burn, becoming the most traded coin on Bybit's futures market.</li><li>With institutional support, Avalon Labs plans to develop more financial products and DeFi services.</li><li>The company has reached a total value locked (TVL) of $1.1 billion across multiple blockchains and private lending markets.</li></ul>

Avalon Labs Reduces AVL Token Supply by 44% Through Strategic Burn

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