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Hassan Shittu

Solana AI Token AVA Slides Over 96% After 40% Supply Cluster Tied to Deployer Wallets

Solana-based AI token AVA has dropped more than 96% from its all-time high after on-chain analysis indicated that roughly 40% of its supply was accumulated at launch by wallets linked to the deployer. The token, which debuted on Pump.fun on Nov. 13, 2024 and later reached a fully diluted valuation near $300 million, now trades around $0.01 despite ongoing development by backer Holoworld AI.