PANews reported on November 12, 2026, at 20:15 (UTC+8) that the AVA Foundation and Travala had released AVA 3.0 and an accompanying roadmap. The plan aims to strengthen the AVA token’s utility on Travala, its main commercial use case, by building on AVA 2.0 with a focus on real-world travel products, a transparent buyback mechanism and measurable membership value.
According to the report, the AVA Foundation had bought back a total of 5,604,414 AVA tokens as of that time. Of those, 779,691.92 AVA—reported as 1.1% of circulating supply—had been permanently locked in Travala’s “AVA Strategic Reserve.”
For token holders, utility here means the token’s intended use within Travala’s travel and membership offerings. The report does not specify individual membership benefits or say that holding AVA grants ownership of Travala or a financial return.