![Can Avalanche [AVAX] climb further after this Subnet launch](https://ambcrypto.com/wp-content/uploads/2023/02/po-2023-02-02T152509.100.png)
The first DEX Subnet launched on the Avalanche network. AVAX’s direction was positive but it risked surpassing an overbought reversal. According to CoinMarketCap, Avalanche [AVAX] increased 14.58% in the last 24 hours but besides that, there has been notable development with the project. Noteworthy to mention was the Dexalot Subnet launch on the Avalanche ecosystem. […]