A $1.3 Trillion Giant Announces the Listing of Three Imitation Coins
One of the world’s largest brokerages, Charles Schwab, plans to add Solana, Avalanche, and Chainlink to crypto accounts.
This giant that manages $1.3 trillion in assets only rolled out crypto trading in May—and now it’s immediately expanding its forces.
As soon as the news broke, Solana jumped more than 12% the same day; LINK rose nearly 7%; and AVAX climbed 4.6%.
Remember: Bitcoin was up only 7% over the week—while altcoins basically took off.
My take: this is a classic sign of a mainstream “regular army” entering the arena. Previously, institutions only dared to touch Bitcoin and Ethereum; now they’re starting to give altcoins the green light, which means the industry is changing.
From Bitcoin ETFs to Ethereum ETFs, and then to brokerages listing altcoins—the path for Wall Street is extremely clear: one step at a time.
Even more important is that when a giant moves in, it’s not bringing in just a few million retail traders—it’s bringing in tens of millions of users.
Solana is up 24% over a week, and behind that is this kind of expectation propping it up.
But I also have to be honest: a giant entering is a long-term positive—not permission to blindly chase at the top right now.
The faster it surges, the more painful the pullback tends to be, especially for short-term rallies driven by news.
Next, we’ll see whether other giants will follow suit. If even Goldman and Morgan get in, then “altcoin season” really is here.
Who do you think will be the next one to get picked by a giant? Drop your guess in the comments.
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