Solana Soars on Charles Schwab Trading Plans and Deflationary Vote

Solana (SOL) has surged 13.4% in value after Charles Schwab announced plans to add SOL spot trading to its platforms.

The financial services company, which manages over $13 trillion in client assets, will charge a flat fee of 0.75% on every transaction.

The news comes alongside the successful passage of three Epoch 1023 proposals that introduce a new constitution and deflationary measures to reduce SOL emissions by 18.9 million tokens over six years.