Arbitrum Set for Multi-Year Rise, Outpacing BTC and ETH Through 2030

Standard Chartered's analysts are making a bold case for Arbitrum to outperform Bitcoin and Ethereum through 2030. They argue that Arbitrum's revenue mechanics will benefit as traditional finance ramps up onchain activity, particularly through tokenization. The bank's global head of digital assets research, Geoff Kendrick, points out that Arbitrum receives 10% of the net protocol revenue generated by businesses building on the network.

The Robinhood Chain, an Ethereum layer-2 initiative tied to online brokerage Robinhood, is cited as a key example of how tokenization-focused applications can shift Arbitrum's financial profile. According to Kendrick, the impact has already been visible in the network's revenue run rate, which is expected to generate $5 million in September, five times the level it was at before the Robinhood Chain launched in July.

Standard Chartered credits tokenized real-world assets as a key driver of Arbitrum's growth, with cumulative RWA tokenization nearing $39 billion and projected to reach $4 trillion by 2030. The bank's logic is that when tokenization shifts from experiments to larger deployments, businesses building on these networks can generate net protocol revenue, part of which flows back to Arbitrum under the 10% share model.