TREE NEWS reports: Bitcoin surged past $80,000 while Charles Schwab announced it will add Solana, Avalanche, and Chainlink to its retail crypto platform, boosting SOL by 12.9%. Ethena also gained 21.9% after proposing to route 95% of net revenue into ENA buybacks.
Bitcoin Hits $80K as Schwab Adds Solana, Avalanche, Chainlink
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AI take
Schwab's move is a notable signal of mainstream retail access broadening beyond Bitcoin and Ether, which could shift liquidity dynamics toward these altcoins. The market's positive reaction to Ethena's buyback proposal underscores how tokenomics changes remain a key catalyst for sentiment, even amid macro-driven Bitcoin rallies. The open question is whether this institutional gateway effect sustains altcoin momentum or if it’s a short-term rotation tied to Bitcoin’s record run. Watching how Schwab’s platform volumes evolve will indicate real demand.
Generated by AI for reference only.
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