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Schwab Plans to Add SOL, AVAX, and LINK Trading Across Its 39.9 Million Accounts. Here's What It Means for the Crypto Trade

Schwab just handed 39.9 million account holders a path to trading Solana, Avalanche, and Chainlink, but a listing and a demand event are very different things, and the real price mover that day had nothing to do with Schwab.

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Aug 28, 2026 at 2:53 PM UTC · 5 분 소요

Schwab Plans to Add SOL, AVAX, and LINK Trading Across Its 39.9 Million Accounts. Here's What It Means for the Crypto Trade
Image via 24/7 Wall St.

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chainlink

Market Impact

SOL-1.81%$105.28

Last Updated

한 시간 전

Schwab just handed 39.9 million account holders a path to trading Solana, Avalanche, and Chainlink, but a listing and a demand event are very different things, and the real price mover that day had nothing to do with Schwab.

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Charles Schwab (NYSE:SCHW | SCHW Price Prediction) said on August 27, 2026 that it will add Solana (CRYPTO:SOL), Avalanche (CRYPTO:AVAX), and Chainlink (CRYPTO:LINK) Solana, Avalanche and Chainlink to its retail crypto trading platform “in the coming months.” None of the three are live yet. Trades on Schwab Crypto will carry a fee of 75 basis points, or 0.75% of the dollar value of each trade, a basis point being one hundredth of a percentage point. SOL changed hands at $106.4 as of 14:43 UTC on August 28, 2026. Shares of Schwab traded at $109.33, up 1.18% on the day. So a major brokerage is opening a door. The question is how many of it’s users will walk through that door.

What Schwab Actually Announced

Schwab Crypto began rolling out to retail clients in May 2026, offering direct Bitcoin and Ether trading through Schwab’s website, mobile app and thinkorswim. The August announcement extends that shelf to three additional tokens: SOL, AVAX, and LINK. A spot listing is simply the ability for a client to buy or sell the asset outright through the broker; it is not the broker itself buying the token.

Market Context

◎

Solana

SOL

$105.45

-3.23% (24H)

$109.34$107.14$104.93
5 PM12 AM8 AM4 PM

Market Cap

$61.9B

24H Volume

$4.7B

24H High

$110.61

View Solana Market Page

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