Article available on Crypto News and frankly not very relevant. 4.8 is nothing for 720 millions supply ( 1.5%.... pleeeeease!!!) Go burn 50 millions then we could start talking...

Whoa! #Avalanche is burning tokens — $108M gone!? 🔥💸

$AVAX is on fire — literally. Right now, Avalanche is destroying millions of its tokens.

💥 The Burn:

4.8M AVAX permanently removed

Worth roughly $108 million

Not random — this is part of the network’s mechanism


⚙️ Why It’s Happening:

Avalanche automatically burns fees from every transaction

More network activity = more AVAX gets burned

Usage is exploding: new projects, game subnets, and tokenized real estate

Already $250M of real estate tokenized this year

{spot}(AVAXUSDT)

This burn could spark the next $AVAX surge. Avalanche is quietly cutting supply while the ecosystem expands. 🌋💎