Schwab Opens Doors to Solana, Avalanche, Chainlink Trading

Charles Schwab will soon allow its clients to trade three new cryptocurrencies: Solana (SOL), Avalanche (AVAX), and Chainlink (LINK). This expansion comes after years of only offering Bitcoin (BTC) and Ether (ETH) for trading. The addition is expected to give the roughly 39 million account holders at Charles Schwab access to these tokens in the coming months.

The move marks a significant milestone for crypto and DeFi smart-contract ecosystems, which should see increased liquidity, retail trading flows, and market exposure for SOL, AVAX, and LINK. This development is seen as bullish for the adoption of cryptocurrencies among mainstream investors.