Standard Chartered Predicts ARB Token to Reach $10 by End of 2030

Standard Chartered Bank has initiated coverage of Arbitrum's $ARB.CC token. The bank predicts that ARB will rise from approximately $0.14 to $10 by the end of 2030.

The prediction is based on the revenues generated by networks such as Robinhood Chain, which uses Arbitrum's technology.

However, the bank also warned that ARB holders cannot directly benefit from Arbitrum's revenue streams, and highlighted potential risks such as a slowdown in tokenization and competition from peers.