Arbitrum Poised for Explosive Growth as Standard Chartered Sees Potential for Multi-Billion-Dollar Revenue Streams
Standard Chartered believes that Arbitrum (ARB) could outperform both Bitcoin (BTC) and Ether (ETH) through 2030, according to a note from Geoff Kendrick, the bank's global head of digital assets research. The layer-2 network is poised for growth as traditional financial firms move more assets onchain, giving Arbitrum a potentially lucrative revenue source beyond crypto-native activity.
The bank cites Robinhood Chain, developed by the online brokerage, as an example of how Arbitrum's economics are changing. At its current run rate, Arbitrum is expected to generate $5 million in revenue in September, more than five times its level before Robinhood Chain launched in July. Kendrick expects those economics to support a steady rise in ARB token prices over the coming years, reaching as high as $10 by 2030.
This prediction far exceeds Standard Chartered's projected returns for Bitcoin (BTC) and Ether (ETH) over the same period. Kendrick notes that the biggest risks to his price projection include 'a slower-than-expected pace of asset tokenization and more competition from alternate blockchains.'