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Charles Schwab announced on November 9 that eligible clients of its Schwab Crypto platform can now trade Solana (SOL), Avalanche (AVAX), and Chainlink (LINK). This expansion adds three major altcoins to the brokerage’s live trading menu, which previously supported only Bitcoin and Ethereum. The announcement marks the transition of these assets from Schwab’s earlier expansion plan to active availability for qualifying customers.
Earlier reporting: Decrypt Adds Confidential Solana Transfers via Helius Privacy Rings.
Earlier reporting: Samsung Wallet enables USDC transfers on Solana for US users.
As of 05:00 UTC, Solana traded at $82.75, -3.7% over 24 hours, with $3.0 billion in 24-hour volume.
Operational Timeline and Access
Schwab began offering early access to its crypto service in May and stated that the service became broadly available to qualifying customers in October 2026. The November 9 announcement confirms that the three new assets are now part of that operational offering. According to NewsBTC, this update provides the operational details following the brokerage’s expansion plan covered in August. Access to the service is not universal; customers must meet specific account and jurisdiction requirements to qualify for trading privileges.
Asset Distinctions and Market Context
The three newly added assets represent distinct blockchain ecosystems. Solana is described as a smart-contract network with economic activity spanning trading, payments, and tokenized assets. Avalanche operates a blockchain ecosystem emphasizing customizable network infrastructure. Chainlink is associated with data and connectivity services utilized by smart contracts. The announcement clarifies that this development concerns direct crypto trading and does not involve the approval of new exchange-traded funds for these tokens.
Schwab did not provide day-one trading volumes or specify the expected demand for each token in the announcement. The addition of these symbols is an access decision based on factors such as liquidity and operational readiness, rather than a research conclusion regarding future performance. Investors are advised to review published risk disclosures and custody arrangements, as conventional brokerage protections may not apply identically to all digital-asset holdings.
Source: NewsBTC
