Three key board members of the Avalanche Foundation, Omer Demirel, Aytunç Yildizli, and Vikram Nagrani, have stepped down from their positions. Demirel described the resignations as a "well-considered" decision and mentioned that Yildizli had stopped being CEO in February 2025. Despite their departures, the former board members expressed their commitment to continue helping the Avalanche ecosystem. The resignations surprised and concerned the community. CoinGecko data shows a 3% drop in the price of AVAX, Avalanche's native token, in the last 24 hours. The immediate support level for AVAX is around $16.00, while a break above $22.00 would be seen as a bullish signal.



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