Schwab Plans to Add SOL, AVAX, and LINK Trading Across Its 39.9 Million Accounts. Here’s What It Means for the Crypto Trade
Charles Schwab (SCHW) plans to add Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) to its crypto trading platform in the coming months, charging a 0.75% fee per trade. SOL was at $106.4, AVAX at $7.43, and LINK at $11.84 as of the announcement. Schwab manages $13.04 trillion in client assets across 39.9 million accounts, with Q2 2026 revenue of $7.1 billion and net income of $2.8 billion.
How this was made
The 30-second read
Why it matters
The announcement adds potential high‑margin crypto revenue but adoption remains uncertain.
Market read
Schwab's entry adds regulated retail access to three mid‑cap cryptos, potentially shifting market share from crypto‑native exchanges.
What to watch
Regulatory scrutiny on broker‑dealt crypto could affect rollout timeline.
Background
Schwab Crypto launched in May 2026 with Bitcoin and Ether; the new tokens extend its catalog.
Ticker impact
Schwab announced it will add SOL, AVAX and LINK to its crypto platform, expanding its product offering.
Modest upside for SCHW as crypto trading volume grows.
New fee‑based crypto products can add high‑margin revenue, but adoption uncertainty limits upside.
Solana will be listed for spot trading on Schwab Crypto in the coming months.
Short‑term price lift if traders move to Schwab for lower‑fee access.
Impact depends on actual launch timing and client adoption.
Avalanche will be added to Schwab Crypto’s spot trading lineup.
Modest upside if launch proceeds as announced.
Liquidity and fee structure will drive actual impact.
Chainlink will become available for spot trading on Schwab Crypto.
Potential short‑term rally on listing news.
Effect limited by market depth and Schwab’s client usage.
Market effects
Expands brokerage crypto offerings, pressuring competitors on fee structures.
U.S. retail investors gain regulated access to additional tokens.
Highlights growing mainstream acceptance of crypto assets.
Counterpoint
High fees may deter volume, limiting revenue upside for Schwab.
Key entities
- companyCharles Schwab
U.S. brokerage expanding crypto product suite.
- cryptoSolana
Blockchain platform whose token will be listed.
- cryptoAvalanche
Blockchain platform whose token will be listed.
- cryptoChainlink
Decentralized oracle network whose token will be listed.
