Standard Chartered Predicts Arbitrum Token Will Rise 70 Times

Standard Chartered, a major British banking giant, has made a significant prediction for Arbitrum's $ARB token. According to The Block, Standard Chartered recently evaluated Arbitrum and predicted that the $ARB token will reach $10 by the end of 2030.

This represents an increase of more than 70 times from its current level of approximately $0.134.

Geoff Kendrick, global head of digital asset research at Standard Chartered, sees Arbitrum as 'Blockchain for Traditional Finance', with a business model that helps traditional finance firms transition to the blockchain.