Standard Chartered Projects ARB Token to Reach $10 by 2030
Standard Chartered has launched its coverage of the Arbitrum ecosystem by setting long-term price targets for its native ARB token. The multinational bank projects that ARB will reach $0.50 by December 2026, $1.50 in 2027, $3.50 in 2028, and $6.50 in 2029, culminating in a target of $10 by the end of 2030.
The current price of ARB is near $0.13, indicating that Standard Chartered's prediction is several multiples higher than its current valuation. The bank's Global Head of Digital Assets Research, Geoff Kendrick, expects ARB to outperform both Bitcoin and Ether throughout the forecast period.
Kendrick anticipates Bitcoin could hit $100,000 by 2026 and $500,000 by 2030, while Ether could reach $4,000 and potentially $40,000 for the same periods. The bank's confidence in Arbitrum's positioning as a key blockchain infrastructure provider and the overall trajectory of tokenization in global markets underlies its price forecasts.