Arbitrum Price Jumps 9% as Standard Chartered Sees $10 Target by 2030
Arbitrum's price surged nearly 9% on September 15 as Standard Chartered's bullish forecast lifted interest in ARB, despite a dense resistance and liquidation zone near $0.155.
The token traded at around $0.1454, up 8.75% for the daily session, after opening at $0.1337 and falling to $0.1314 before reaching an intraday high of $0.1468.
Standard Chartered's digital assets research head Geoff Kendrick expects ARB to reach $10 by the end of 2030, citing the potential for tokenization to expand from about $340 billion to $4 trillion by the end of 2028.