$ARB Soars on Standard Chartered's $10 Price Target Prediction

A recent price surge for the token $ARB has seen it jump by almost 14% in just 24 hours, following research coverage from Standard Chartered that sets a price target of $10 for the end of 2030.

The bank's global head of digital assets research, Geoff Kendrick, argued that Arbitrum is no longer just an infrastructure provider waiting for use cases to materialize, but now earns real fees from the Robinhood Chain.

Arbitrum's monthly revenue run rate has reached around $5 million in September, with the bank expecting this to grow as more financial brands launch chains on the same stack.

Kendrick estimates that tokenization growth will reach $4 trillion by 2028, with Arbitrum set to capture a significant share of this market.