Schwab Opens SOL to Retail Clients, but Solana Could Still Slide to $70 First

Quick Take Charles Schwab added Solana to its retail crypto platform, alongside Avalanche and Chainlink. SOL sits deep in oversold territory, yet momentum gauges still favor sellers. A break of the nearest support floor could open a slide toward $70. Charles Schwab now lets its retail clients buy Solana. The brokerage added SOL, Avalanche and Chainlink to its crypto service, ending a lineup that held only bitcoin and ethereum. The timing is awkward for Solana bulls. The token barely moved on the news while rival listings rallied, and its chart still shows a market controlled by sellers. Traders now want to know if new brokerage demand can hold the floor before it gives way.

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