Solana on Schwab Crypto goes live, now 1 of 5 assets

Solana on Schwab Crypto goes live as the service grows to 5 assets

Charles Schwab clients can now trade Solana ($SOL) on Schwab Crypto, its fifth asset, as $SOL stood at $86.64 at 2:39 p.m. ET on Nov. 9.

The quick take

Price: $SOL at $86.64, down 3.1% in 24 hours (CoinGecko, 2:39 p.m. ET).
Trigger: Schwab Crypto added $SOL, Avalanche ($AVAX) and Chainlink ($LINK) trading on Nov. 9.
Watch: Which assets Schwab adds next; it has not named them yet.

Solana on Schwab Crypto is now live. Clients of Charles Schwab can buy and sell Solana ($SOL) on the broker’s crypto service, CoinDesk reported at 9:41 a.m. ET on Monday, Nov. 9. Avalanche ($AVAX) and Chainlink ($LINK) went live at the same time.

What happened

The three tokens join Bitcoin ($BTC) and Ethereum ($ETH), so Schwab Crypto now offers 5 digital assets, according to SolanaFloor. Eligible retail clients can trade them next to their other investments on Schwab.com, Schwab Mobile and thinkorswim, the outlet said.

Schwab first shared the plan in August. At the time, The Block reported the tokens would arrive “in the coming months,” with no date set. Schwab Crypto began its rollout in May 2026 and opened to all eligible retail clients in October, per SolanaFloor.

Schwab charges 0.75% of the value of each trade, a fee The Block also reported in August. SolanaFloor puts Schwab’s client assets at more than $13 trillion. Joe Vietri, Schwab’s head of digital assets, said the firm will “continue to expand Schwab Crypto to give clients greater choice and flexibility.”

Why it moved

The listing did not lift the token on the day. $SOL traded at $86.64 at 2:39 p.m. ET, down 3.1% in 24 hours and 6.1% over seven days, according to CoinGecko. Its 24-hour range ran from $85.19 to $89.50.

The wider market was lower too. LiveCoinWatch showed $BTC down 1.5% and $ETH down 4.6% in 24 hours at 2:40 p.m. ET.

What to watch next

Schwab plans to add more digital assets over time but has not said which ones, according to SolanaFloor. The next listing, and its timing, is the thing to watch.

Bottom line: Solana is now one of 5 assets that Schwab’s retail clients can trade, though the launch day came with a softer $SOL price.