Charles Schwab to Expand Crypto Trading to Solana, Avalanche, and Chainlink

What happened: Charles Schwab announced it will add Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) to its Schwab Crypto trading platform "in the coming months." The expansion, confirmed August 27, 2026, follows the brokerage's initial rollout of spot Bitcoin and Ethereum trading in May. Schwab's crypto service, which charges a 0.75% fee per trade, targets its 39.9 million brokerage accounts and $13.04 trillion in client assets. No stablecoin support was announced, despite prior hints from Schwab's CEO.

Why it matters: Schwab's move brings three major altcoins to one of the largest US brokerage platforms, potentially broadening access for millions of retail and institutional investors. While the expansion is incremental—Schwab was a late entrant to crypto trading—the inclusion of SOL, AVAX, and LINK signals growing mainstream acceptance of non-Bitcoin, non-Ethereum assets. The absence of a stablecoin offering, despite earlier signals, suggests regulatory caution or strategic delay.

Source: Decrypt