Charles Schwab has added Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) to its brokerage crypto lineup, allowing clients to buy the three tokens directly alongside Bitcoin (BTC) and Ethereum (ETH). The move comes as digital asset markets weaken, but also signals that institutional distribution is broadening beyond the two largest cryptocurrencies.

Schwab Expands Its Digital Asset Shelf

Schwab’s clients can now access SOL, AVAX and LINK through their existing brokerage accounts. The firm manages approximately $10 trillion in assets, giving the listing decision substantial reach among traditional investors.

The expanded lineup indicates that retail demand may be moving beyond Bitcoin and Ethereum, while giving investors a familiar route to exposure to major alternative crypto assets. The three newly available tokens represent distinct parts of the digital asset market:

• SOL: The native token of the Solana network.
• AVAX: The native token of the Avalanche blockchain.
• LINK: The token powering Chainlink’s decentralized oracle network.

The announcement arrives during a difficult period for broader markets. US spot Bitcoin exchange-traded funds recorded roughly $1 billion in weekly outflows, their weakest stretch since late June, according to the research source.

Selling Pressure Weighs on Crypto Markets

Institutional withdrawals and leveraged-long liquidations have amplified declines across crypto assets. Bitcoin fell below $75,000, while other major tokens also traded lower.

Reported market levels included:

• BTC: Below $75,000.
• ETH: Near $2,100.
• SOL: Around $87.
• XRP: Near $1.10.

An investigation involving Nvidia added to broader risk-off pressure, compounding weakness in an already fragile market. The combination of ETF outflows and forced liquidations suggests that Schwab’s product expansion is taking place against a backdrop of defensive positioning rather than a broad-based crypto rally.

Tokenized Securities Push Moves Across Networks

The same research also highlights competing institutional efforts to bring traditional securities on-chain. The New York Stock Exchange selected Avalanche as the core ledger for a proposed tokenized stock platform that would support 24/7 trading and near-instant settlement, subject to regulatory approval.

Separately, Formation Securities, created through the merger of Orca and Loopscale, filed plans with the SEC for a Solana-based stock venue. The proposed platform would use permissioned automated market makers under the SEC’s innovation exemption framework.

What This Means

Schwab’s addition of SOL gives Solana a significant new distribution channel among mainstream brokerage clients, even as near-term market conditions remain pressured. The broader developments suggest institutional crypto adoption is becoming more diversified: brokerages are expanding token access, while exchanges and financial firms are testing blockchain-based settlement and trading infrastructure.

For Solana, the Schwab listing and Formation Securities filing strengthen the network’s institutional narrative. However, sustained adoption will depend on regulatory approval, investor demand and whether tokenized markets can develop beyond pilot-stage announcements.