Charles Schwab's Latest Crypto Move Puts Solana, Avalanche, And Chainlink in Focus

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Charles Schwab’s latest crypto move just widened the on-ramp for three major altcoins.

The brokerage announced on August 27, 2026 that Schwab Crypto clients will soon be able to buy and sell Solana, Avalanche, and Chainlink, expanding a platform that launched in May with just Bitcoin and Ethereum, according to Charles Schwab’s announcement .

Charles Schwab's Latest Crypto Move Puts Solana, Avalanche, And Chainlink in Focus — *Image Via @Charles Schwab.*

What Schwab Actually Announced

The firm, which manages roughly $13 trillion in client assets across 39 million brokerage accounts, framed the additions as “established” digital assets that match client demand rather than a push into speculative tokens.

The Immediate Price Reaction

All three tokens moved on the news. As of August 28, 2026 (08:00 UTC), Solana traded near $107 on CoinGecko, up roughly 18% over the past seven days as the announcement compounded an already strong week for the token.

Chainlink traded around $11.70, up about 1.5% over the same seven-day window after breaking out of a multi-week consolidation range.

Avalanche posted the smallest move of the three, sitting near $7.50 and up roughly 8.6% over the past week, according to CoinGecko.

The gap between Solana and Avalanche’s weekly gains suggests the market is pricing in different levels of expected trading volume once Schwab actually flips the switch.

Reading This Against Schwab’s Track Record

This isn’t Schwab’s first crypto expansion this year. Techgaged previously reported when Schwab first launched retail crypto trading with just Bitcoin and Ethereum back in May.

It followed that with 24/7 futures access covering Bitcoin, Ethereum, Solana, and XRP contracts, a step Techgaged also flagged as part of the firm’s broader push toward round-the-clock crypto access.

Thursday’s announcement is the next logical step in that pattern, moving from futures exposure to direct spot ownership for a wider token set.

What This Means Going Forward

Bringing SOL, AVAX, and LINK to a mainstream brokerage with tens of millions of accounts is a real distribution unlock, not just a symbolic gesture, and it likely keeps steady buying pressure under all three tokens as the actual launch date approaches.

Solana looks best positioned to hold its gains given the size of this week’s move, while Chainlink’s breakout has real technical room to extend if ETF inflows keep pace.

Avalanche’s more muted reaction suggests it may need a second catalyst, beyond the Schwab listing alone, to close the gap with its two peers.

Disclaimer:
This article is for informational purposes only and does not constitute financial, investment, or trading advice. The views expressed are based on publicly available data, market observations, and the author’s interpretation at the time of writing. Cryptocurrency markets are highly volatile and unpredictable, and past performance or current technical setups do not guarantee future results. Readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions. TechGaged does not accept liability for any losses incurred based on the information presented.

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