Avalon Labs’ governance token AVL surpassed Bitcoin’s 24-hour trading volume on Bithumb exchange after its listing, reaching $36.47 million, ranking third by 24-hour trading volume on the platform. Bithumb is South Korea’s second-largest cryptocurrency exchange. Avalon Labs aims to develop USDa, a Bitcoin-backed stablecoin, along with its Bitcoin DeFi ecosystem.

Sponsored by Avalon Labs

Source