Schwab Opens Solana to 39M Accounts as Pepeto Presale Passes $10.89M: Market Moves and What to Watch
Charles Schwab’s crypto trading platform added Solana, Avalanche, and Chainlink on August 27, 2026, giving roughly 39 million brokerage accounts direct access to three altcoins at a 75 basis point fee per trade, according to Bloomberg. The move came as Bitcoin held above $78,255 after a 25% weekly gain, and Solana traded near $108 after a 12% daily rise.
Schwab’s Altcoin Expansion and Market Context
Schwab Crypto initially launched in May with Bitcoin and Ethereum. The addition of Solana, Avalanche, and Chainlink on August 27 means these assets are now one tap away for millions of investors who previously had to use separate platforms. The 75 basis point fee is competitive with other major brokers, and the move signals that traditional financial institutions are increasingly comfortable offering a wider range of digital assets.
Also read: XRP Climbs 53% to $1.38 as Futures Bets Surge, but a Pre-Listing Token Draws New Money
The timing aligns with a broader uptick in institutional interest. Spot Bitcoin ETFs logged a ninth consecutive day of inflows, pushing August’s total past $3 billion — the strongest month of 2026. When access widens and money keeps flowing, investors often look beyond the largest cryptocurrencies to smaller, higher-growth opportunities.
Pepeto Presale: A High-Risk, High-Reward Play
Pepeto is the sequel to the original Pepe token, which famously rose from zero to an $11 billion valuation on a supply of 420 trillion units. The developer behind that run is now launching a new project with more substance: a working exchange, a contract scanner, and a cross-chain bridge. SolidProof has audited the contracts.
Also read: BNB Price Prediction: $701 Breakout Holds, Analysts Target $984 — But a Presale Is Promising 130x
The presale has raised over $10.89 million, a figure that stands out given the market’s recent volatility. Staking rewards are advertised at 164% APY while rounds remain. The project’s website claims a Binance listing is imminent, which could significantly increase the token’s value.
It’s important to note that meme coins are extremely volatile and speculative. The original Pepe’s success is not a guarantee of future performance, and investors should only commit funds they can afford to lose.
Bitcoin and Solana: Current Status and Outlook
Bitcoin’s recent rally has been driven by strong ETF inflows and growing institutional adoption. Analysts see potential for $95,000 in the near term, with a longer-term target of $108,786. However, a double from current levels would require a move to $160,000, which is far from guaranteed.
Solana’s 12% gain on August 27 was partly attributed to Schwab’s announcement. Validators are also voting on a proposal to cut $1.5 billion in issuance, which could reduce supply pressure. A run at the $293.31 record is possible, but that would require a 172% increase from current levels.
Both assets benefit from the broader trend of traditional finance embracing crypto, but their valuations already reflect significant market consensus. For investors seeking larger returns, presales like Pepeto offer a different risk-reward profile — one that could yield substantial gains if the project delivers on its promises.
As always, this is not financial advice. The cryptocurrency market is highly volatile, and prices can change rapidly. Investors should conduct their own research and consider their risk tolerance before making any decisions.
