On the official site of Devin Teer (@devinteerfilms), this note covers Charles Schwab, Solana.
Schwab Press Room Moment
Joe Vietri, Head of Digital Assets at Charles Schwab, opened the press room on Thursday, August 27, 2026, with the firm's plan to add Solana trading support. The move builds on Schwab Crypto, which has offered bitcoin and ethereum since its May 2026 rollout.
Charles Schwab on Thursday, Aug. 27, 2026 announced plans to add Solana (SOL) to Schwab Crypto so clients can buy and sell it in the coming months. Schwab Crypto, rolling out since May 2026, already offers bitcoin and ethereum. Joe Vietri, Head of Digital Assets, said the expansion gives clients more choices alongside Schwab's investing and banking experience. This is the Thursday Schwab Crypto SOL add, not Monday's spot Solana ETF $33.5 million print and not June's 24/7 SOL futures on thinkorswim.
Numbers Behind the Move
Spot prices on August 27, 2026 from CoinGecko showed BTC at $80,617, up 3.66 percent. ETH traded at $2,524.15, up 3.50 percent. SOL sat at $107.29, up 12.35 percent. These figures place the leadership of the move with Solana's daily gain among the majors.
Schwab Crypto carries a stated pricing of 75 basis points. The service is offered by Charles Schwab Premier Bank, SSB. Accounts remain available in all U.S. states except New York and Louisiana. The firm notes that support for any asset may be delayed, modified, or withdrawn.
Leadership of the Expansion
The announcement positions Schwab as extending its digital asset reach beyond the initial bitcoin and ethereum pair. Solana joins the platform as the next step in a measured rollout that began in May 2026. Leadership here centers on client choice within an established brokerage and banking framework.
The press release from Charles Schwab in Westlake, Texas, frames the addition as a thoughtful expansion aligned with client demand. No exact live date is set. The focus stays on the coming months window.
Chart Context on August 27
The chart for SOL showed a 12.35 percent rise to $107.29. BTC and ETH each posted gains near 3.5 percent. These candles reflect the broader market move on the day the Schwab announcement landed.
Availability Details
Clients in permitted states can access the platform. New York and Louisiana remain excluded, along with U.S. territories and international jurisdictions. The 75 basis point fee applies to the service.
Final Takeaway
The August 27 update keeps Schwab Crypto on its planned path of adding established cryptocurrencies one at a time. Solana enters the lineup in the coming months while bitcoin and ethereum continue to trade.