Schwab Prepares to Add Solana, Avalanche, and Chainlink to Crypto Trading Services
Charles Schwab is expanding its direct crypto trading services beyond Bitcoin and Ethereum. The company plans to add Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) in the coming months, bringing more mainstream users and institutional investors into these ecosystems.
Solana's strong performance in August has contributed to its growing interest among spot investment products. Its large developer ecosystem, fast transaction capacity, and increasing institutional channels make it a prime candidate for broader financial distribution.
Avalanche will also benefit from being listed on Schwab's platform. The network offers fast finality, custom blockchain deployments, and activity in decentralized finance (DeFi) and tokenized assets. With wider availability, Avalanche's price prospects may improve due to its increased exposure to a larger buyer base.