Charles Schwab has added Avalanche to its crypto offering, alongside Solana and Chainlink, bringing the platform to 5 cryptocurrencies available for direct trading. The fee is 75 basis points on each trade, giving clients another route to Avalanche through a mainstream brokerage account. But access alone doesn’t show whether traders are adding exposure. With market reaction in focus, Avalanche is attempting to break a near-term resistance level.
Across 48 one-hour candles, Avalanche moves from $8.38 to $8.314, down 0.79%. Support is $8.06; resistance is $8.73.
That leaves Avalanche below the marked resistance, despite the attempt to push higher. The supporting market data shows renewed derivatives activity: open interest is rising while funding remains negative. That suggests traders are re-engaging, but it does not establish that Schwab clients are driving the move or that spot demand has broadened. Holding above $8.73 would strengthen the resistance-break read; a rejection would undercut it. The listing expands access, but participation is the part still to prove.