Bitcoin Clears $80,000 as Schwab Adds Solana, Avalanche and Chainlink

Bitcoin traded above $80,000 on Thursday, marking its first close above that level in six sessions. The price rise coincided with Charles Schwab’s announcement that Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) will be added to its Schwab Crypto accounts in the coming months.

Market reaction to Schwab’s token expansion

Following the announcement, SOL surged 12.9% to $109.13, LINK rose 5.5% to $11.89 and AVAX gained 3.6% to $7.50. Bitcoin itself was up 2.1% at $80,020, while Ether (ETH) increased 1.5% to $2,504. The broader crypto market rose 2.22% to a total value of $2.79 trillion, with Bitcoin’s dominance at 57.6%.

Other notable price moves

• XRP climbed 6% to $1.46.
• BNB added 1.6% to $710.12.
• Ethena (ENA) jumped 21.9% to $0.1669 after its research team proposed routing 95% of net revenue into token buybacks.
• VeChain (VET) was the top gainer among the top‑100 tokens, though no specific news was cited.

ETF inflows and trading activity

U.S. spot Bitcoin ETFs attracted $232.2 million on Wednesday, bringing weekly inflows to $884.1 million. Spot Ether ETFs saw $192.4 million in inflows that day, while spot Solana ETFs recorded $3.6 million, adding to a cumulative $1.23 billion since launch.

Deribit Bitcoin options expiry

Approximately $6.4 billion of Bitcoin options are set to settle on Deribit on Friday, with the “max pain” price near $69,000. Market makers are buying spot Bitcoin to hedge their short call positions, a factor that has been supporting the price rise.

Additional market metrics

• Crypto Fear & Greed Index rose to 71 (greed) from 65 the previous day.
• DeFi total value locked increased 1.91% to $88.94 billion.
• Stablecoin supply grew 0.78% over the past week to $303.9 billion.