Arbitrum Price Predicted to Soar 70x to $10 by 2030

Standard Chartered has released a bullish forecast for Arbitrum's (ARB) price, predicting it could reach $10 by 2030. The bank estimates that this represents a roughly 70x increase from the current price of $0.14.

The forecast is based on Arbitrum's growing role in financial infrastructure and its work with traditional financial firms. The network earns 10% of net protocol revenue from supported chains, including Robinhood Chain, which was launched in July.

Standard Chartered expects Arbitrum to outperform both Bitcoin and Ethereum price forecasts over the same period. However, the bank notes that ARB currently has no direct mechanism for capturing network value.