Avalanche
Why Avalanche is up 1.4% in the last hour
Analysis
Avalanche (AVAX) rose about 1.4% over the past hour after reports that brokerage giant Charles Schwab plans to add Avalanche to its nascent crypto trading platform, a development that can boost visibility and access for AVAX among traditional investors. The move followed coverage from Cointelegraph and The Block highlighting AVAX alongside Solana and Chainlink as newly supported assets.
Contributing Factors (3)
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.
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.
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.