Schwab's SOL Trading Plans Fuel 13.4% Surge Amid Deflationary Vote

Solana (SOL) has surged 13.4% in value, making it the top gainer among the top 10 cryptocurrencies by market cap.

This increase comes on the back of two significant developments: Charles Schwab's plans to launch SOL trading and the successful passage of a deflationary proposal in the Solana ecosystem.

Charles Schwab, America's second-largest investment management firm with over $13 trillion in total client assets, has announced its intention to offer Solana spot trading on its platform in the coming months.

This is an expansion of the company's existing crypto offerings, which currently include Bitcoin (BTC) and Ethereum (ETH), as well as 24/7 futures trading for SOL and XRP.