Solana AI crypto Ava (AVA) crashed more than 96% from its January high after on‑chain analysts reportedly linked around 40% of the supply to coordinated “insider” wallets at launch.
AVA now trades near $0.01 after peaking around $0.33, erasing almost all of its AI-meme-fueled rally. The drama hits right in the middle of an AI token boom on Solana and Ethereum, where fast launches and hype often outrun basic checks on who actually holds the coins.