Avalanche
Why Avalanche is down 1.3% in the last hour
Analysis
Avalanche (AVAX) slipped 1.3% over the past hour despite broadly positive headlines that Charles Schwab plans to add Solana, Avalanche, and Chainlink to its crypto trading platform. The dip likely reflects a muted immediate market reaction or short-term profit-taking after the announcement, which was reported by The Block and echoed by Cointelegraph and CoinGape.
Contributing Factors (3)
Charles Schwab to add Solana, Avalanche and Chainlink to crypto trading platform
Schwab Crypto began rolling out to clients in May with direct access to BTC and ETH trading and charges 75 basis points per transaction.
Charles Schwab adda Solana, Avalanche and Chainlink to nascent crypto platform
The financial services giant plans to expand Schwab Crypto beyond Bitcoin and Ether just months after rolling out direct crypto trading to retail clients.
BREAKING: Charles Schwab to Add Solana, Avalanche and Chainlink to Crypto Offerings
$13 trillion Charles Schwab said Thursday it plans to offer Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) trading for clients in the coming months. The move expands Schwab Crypto offerings beyon...
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.