Charles Schwab added Solana, Avalanche and Chainlink to its crypto trading offering, giving customers direct access to three major digital assets through the brokerage's platform. The expansion comes as Bitcoin trades near $73,000 after a 14% dip, while Ether is approaching $2,300 and showing a bullish divergence against its own momentum.
The institutional pipeline is also widening. Avalanche will provide core ledger technology for a New York Stock Exchange-affiliated tokenized securities platform designed to support 24/7 trading, clearing and settlement. Coinbase received full US federal approval to operate as a national trust bank, while PNC Bank began testing USDC payments on Ethereum for corporate and institutional clients.
Why it matters
Schwab's move extends crypto distribution beyond specialist exchanges and reaches investors who already use a major retail brokerage. Adding Solana, Avalanche and Chainlink alongside established assets gives that customer base more ways to build crypto positions without leaving a familiar financial account.
The other developments point in the same direction. Tokenized securities are moving closer to continuous trading and institutional settlement, a national trust-bank framework could strengthen regulated crypto custody and payments, and USDC testing connects stablecoins with corporate treasury activity. Together, they show institutional infrastructure advancing even while crypto prices remain volatile.
Market impact
Technical conditions are constructive but not conclusive. Bitcoin is testing support near its 200-day moving average around $73,000. A sustained hold followed by a move toward the 20-day average around $75,000 to $77,000 would strengthen the case for a rebound. If that support fails, the chart points toward lower support near $72,000 and $67,000.
Ether has bullish RSI divergence, but a similar signal failed in March 2025. The immediate area to watch is $2,150, followed by the 20-day moving average just below $2,300. A clean recovery above that average would improve the outlook, while another failure could open a path toward $2,000 or $1,800.
Broader altcoin momentum is compressed rather than overbought. The weekly MACD for total crypto market capitalization excluding Bitcoin and stablecoins is below its signal line, a configuration the analyst compares with prolonged consolidation rather than a confirmed bear-market break. The practical implication is that institutional adoption is strengthening while price confirmation remains pending.
Frequently asked questions
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Which crypto assets did Charles Schwab add to its trading offering?
Charles Schwab added Solana, Avalanche and Chainlink. The expansion gives customers access to the three assets through the brokerage's existing digital-asset platform.
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What institutional developments accompanied Schwab's crypto expansion?
Avalanche was selected for a NYSE-affiliated tokenized securities platform, Coinbase received federal approval to operate as a national trust bank, and PNC began testing USDC payments on Ethereum.
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Does Schwab's expansion confirm that the crypto market bottom is in?
No. It confirms broader institutional adoption, not a market bottom. Bitcoin was testing its 200-day moving average near $73,000, while broader altcoin momentum remained compressed.
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Which Bitcoin levels are important for confirming a rebound?
A sustained hold above the 200-day moving average near $73,000 is the first test. A move toward $75,000 to $77,000 would add confirmation, while a breakdown could expose $72,000 and $67,000.
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Why is Ether's bullish divergence not a guaranteed bottom signal?
Bullish divergence compares price with RSI and can precede a rebound, but it does not guarantee one. A comparable Ether signal in March 2025 failed before the market ultimately bottomed several weeks later.
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