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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Avalon Labs acquisition and burned 13.95 million AVL worth 1.88 million USD
Avalon Labs has completed the acquisition and burning of 13.95 million AVL tokens with a total value of 1.88 million USD, carried out on Bybit since June 2025 at an average price of 0.1347 USD/AVL.
All capital comes from monthly protocol revenue, reflecting the stable usage level of the platform. As of now, Avalon has burned a total of 93.95 million AVL, equivalent to 37% of the circulating supply.
This move demonstrates a long-term commitment to increasing sustainable value for the AVL community and ecosystem.