📌 TOPINDIATOURS Update crypto: Solana AI Token Ava Plunges 96% After ‘Insiders’ Sn

Solana-based AI token Ava, known by its ticker AVA, has plunged more than 96% from its peak after new on-chain analysis raised questions about how the token’s supply was distributed at launch and whether insiders coordinated early purchases.

The latest findings come from blockchain analytics firm Bubblemaps, which published an analysis on X showing that around 40% of AVA’s total supply was accumulated at launch by a cluster of wallets linked to the token’s deployer.

Wallet Clustering Points to AVA Token Sniping at Launch

According to Bubblemaps, the wallets were funded shortly before launch, showed no prior on-chain activity, and bought large amounts of AVA as soon as the token became available.

AVA launched on Nov. 13, 2024, on Pump.fun, a Solana-based memecoin launch platform that promotes fair and decentralized token launches.

The project gained early attention as one of the first 3D AI agent tokens, backed by Holoworld AI, a Polychain Capital portfolio company.

By January 2025, AVA had reached a fully diluted valuation of roughly $300 million, driven by a surge of interest in AI-themed crypto projects.

Bubblemaps said its analysis identified 23 wallets, including the deployer, that were funded within tight time windows through centralized exchanges such as Binance and Bitget.

The wallets received similar amounts of SOL and then used automated trading strategies to buy AVA at launch.

The firm added that additional wallets connected to this initial cluster followed similar funding and timing patterns, which it said strongly suggests coordination rather than independent participation.

In crypto markets, this practice is commonly referred to as sniping, where bots are used to purchase new tokens the moment they become tradable, often securing large allocations before retail participants can react.

While sniping itself is not illegal, a heavy concentration of supply among early wallets can increase the risk of sharp sell-offs if those holders decide to exit.

The firm said the analysis shows that despite AVA’s public positioning as a community-driven launch, a single coordinated entity ended up controlling a large share of the supply.

AVA’s Market Reality Sets In as Token Sheds 96% From All-Time High

More than a year after launch, the impact is visible in the token’s market performance.

AVA is down over 79% from its launch price and more than 96% from its all-time high of about $0.33, reached on Jan. 15, 2025, according to CoinGecko data.

The token now trades near $0.01, erasing most of its early gains.

This decline has occurred despite continued development by the team behind Holoworld AI. The project describes Ava as the first AI agent virtual image token, designed to power audiovisual AI agents capable of interaction and emotional expression.

Holoworld claims to have created more than 10,000 3D virtual characters, partnered with over 25 IP and NFT brands, and attracted more than 1 million users.

Even so, those developments have not prevented a steep drop in AVA’s market value. AVA has a fixed total supply of 1 billion tokens, with 50 million released at launch as part of a 5% public sale.

The broader token distribution includes long-term allocations for community incentives, the team, private investors, liquidity, and ecosystem development, many of which are subject to vesting schedules.

The episode adds to a growing list of cases where Bubblemaps has flagged concentrated token ownership shortly after launch.

In recent months, the firm has published similar analyses involving PEPE, the $WET presale on Solana, MYX Finance’s airdrop, and other high-profile tokens, often pointing to coordinated wallet behavior and heavy early sell pressure.

While not all cases resulted in enforcement action or project failures, they have intensified scrutiny around fair-launch claims and insider transparency.

The post Solana AI Token Ava Plunges 96% After ‘Insiders’ Snipe 40% of Supply appeared first on Cryptonews.

🔗 Sumber: cryptonews.com

📌 TOPINDIATOURS Breaking crypto: ECB Confirms DLT Transactions Coming in 2026 as D

The European Central Bank has confirmed that it will begin allowing blockchain-based transactions to settle in central bank money in 2026, as political attention increasingly shifts to the unresolved privacy questions surrounding the proposed digital euro.

In a statement released Friday, ECB executive board member Piero Cipollone said the institution is preparing to make distributed ledger technology settlements possible within its existing monetary infrastructure next year.

At the same time, he said the ECB is continuing technical work on the digital euro, a central bank digital currency that would function as a digital form of cash across the euro area.

The move marks a concrete step toward integrating blockchain-based systems into Europe’s financial plumbing.

ECB Readies Digital Euro System, Puts Decision in Lawmakers’ Hands

Under the plan, transactions executed on DLT platforms would be able to settle directly in central bank money rather than relying on private intermediaries.

The ECB has argued that this is necessary to prevent fragmentation in tokenized markets and to ensure that new digital asset ecosystems continue to rely on a risk-free public settlement asset.

Cipollone said the digital euro infrastructure would also be designed to interact with other central bank digital currencies, allowing institutions to use it for cross-border payments.

He added that safeguards such as holding limits and the absence of interest payments would be built in to prevent large-scale shifts of deposits away from commercial banks, preserving their role in credit creation and monetary transmission.

The ECB’s technical preparations are largely complete, following a two-year preparation phase that ended in October 2025.

The project has now moved into a readiness phase, with the central bank selecting potential system providers and testing settlement mechanisms.

However, officials have stressed that the ECB cannot proceed without a legal framework approved by EU lawmakers.

ECB President Christine Lagarde stated this week that the central bank’s design work is finished and that responsibility now lies with political institutions.

If the legislation is adopted in 2026, pilot transactions using the digital euro could begin in mid-2027, with the ECB aiming to be ready for a first issuance in 2029.

ECB Promises Privacy, but EU Rules Complicate the Digital Euro Vision

As the timeline becomes clearer, the debate over privacy has intensified.

The ECB has consistently said it does not support a programmable digital euro that would restrict how users can spend their money.

It has also proposed an offline payment option that would allow low-value transactions to take place without being recorded on a central ledger, offering privacy protections comparable to cash.

Offline balances would be stored locally on devices or smart cards, enabling device-to-device payments without third-party validation.

These assurances contrast with broader regulatory trends in the European Union.

Recent EU proposals on data retention and anti-money laundering have raised concerns among privacy advocates, particularly as new AML rules are set to ban crypto accounts that allow transaction anonymization from 2027.

Critics argue that these policies risk undermining the privacy guarantees promised for a digital euro, even if the ECB itself does not seek access to user data.

Political negotiations are now underway as the Council of the EU agreed on December 19 on its negotiating position for the digital euro’s legal framework, clearing the way for talks with the European Parliament, which is expected to finalize its stance by May 2026.

ECB officials have described discussions among member states …

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🔗 Sumber: cryptonews.com