Avalon Labs announced the destruction of 80 million governance tokens AVL, worth approximately 16 million USD, accounting for 44% of the total circulating supply. These tokens are primarily unclaimed shares by users, aimed at controlling supply and enhancing the long-term value of AVL.

Golden Finance reports that the market shows that, possibly influenced by the news of "YZi Labs investing in Avalon Labs", AVL has broken through 0.3 dollars, currently quoted at 0.3143 dollars, with a short-term rise of over 30%, and market capitalization exceeding 50 million dollars.