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Standard Chartered Sees Arbitrum ARB Reaching $10 by 2030
Standard Chartered says enterprise chain fees and tokenized asset growth could lift ARB to $10 by 2030, with Bitcoin and Ether lagging.
On Tuesday, Standard Chartered initiated coverage of Arbitrum's ARB token with a $10 price target for 2030, arguing revenue from enterprise chains like Robinhood Chain could strengthen the network's economics.
Arbitrum's business model increasingly relies on revenue from chains using its technology through a "launch-and-migrate" strategy, with Robinhood Chain sending 10% of net protocol revenue back to the ecosystem since July.
The bank forecasts the tokenized equity market reaching $750 billion by 2028, representing roughly 263 times current distributed value, while ARB traded around $0.13 on Tuesday with a market capitalization below $1 billion.
Standard Chartered estimates Robinhood Chain generated average daily fee revenue of approximately $2.8 million in early September, increasing the probability other traditional financial firms adopt the Arbitrum stack, Kendrick said.
The bank warned slower tokenization, competition, and regulatory developments like the CLARITY Act could affect its estimates; separately, it projects Bitcoin at $500,000 and Ether at $40,000 by 2030.