Charles Schwab to Add Solana, Avalanche and Chainlink to Crypto Platform

Charles Schwab is expanding its direct crypto lineup beyond Bitcoin and Ethereum, with Solana, Avalanche and Chainlink set to become available on Schwab Crypto in the coming months.

The brokerage confirmed the three planned additions on Thursday, five months after beginning the rollout of direct BTC and ETH trading. Schwab said SOL, AVAX and LINK were selected as established crypto assets that align with client demand, while additional cryptocurrencies are planned over time.

The expansion puts three major altcoins inside a brokerage serving 39.9 million active accounts and $13.04 trillion in client assets as of July 31.

Schwab Moves Beyond Bitcoin and Ethereum

Schwab Crypto began rolling out in May after the brokerage first detailed its spot crypto launch in April. Bitcoin and Ethereum remain the only assets currently available, with SOL, AVAX and LINK scheduled to follow rather than already being live.

Clients can trade crypto alongside stocks and other investments through Schwab.com, Schwab Mobile and thinkorswim. Schwab Crypto accounts are offered through Charles Schwab Premier Bank, while Paxos provides sub-custody and trade execution infrastructure.

The platform charges 75 basis points, or 0.75%, on the dollar value of each trade. Accounts are currently available across the U.S. except New York and Louisiana, with no access in U.S. territories or international jurisdictions.

Solana Gains Another Major Brokerage Channel

Solana is the most significant addition from a distribution perspective. SOL recently broke above $100 for the first time since February and was trading near $107 on Friday, up about 6% over 24 hours.

Morgan Stanley has also placed Solana alongside Bitcoin and Ethereum in its planned E*Trade crypto rollout, giving SOL another route into traditional brokerage accounts without requiring users to open a crypto-native exchange account.

Avalanche brings another Layer 1 into Schwab’s lineup, while Chainlink gives clients direct exposure to crypto infrastructure rather than another general-purpose blockchain. LINK recently ranked fourth among blockchain protocols in Fortune’s 2026 Crypto 100, behind Bitcoin, Ethereum and Solana.

Schwab Plans More Crypto Assets

Joe Vietri, Schwab’s head of digital assets, said the expanded lineup will give clients more options to build crypto allocations alongside their existing investing and banking accounts. Schwab is pairing the trading product with research, education, market commentary and 24-hour customer support.

The brokerage had already signaled that Bitcoin and Ethereum would be the starting point rather than the final asset list. Its April launch plan included future support for additional cryptocurrencies as well as eventual deposit and withdrawal functionality for clients bringing existing crypto holdings onto the platform.

SOL, AVAX and LINK are scheduled to become tradeable in the coming months, with Schwab retaining the ability to delay, modify or withdraw support for an asset based on market, regulatory, operational or risk developments.

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