Crypto
Standard Chartered Puts Arbitrum Price Target at $10 by End-2030
Standard Chartered has set a price target of $10 for Arbitrum's ARB token by the end of 2030. This represents a roughly 70-fold increase from its current price of around $0.13, $0.14.
The bank's Global Head of Digital Assets Research, Geoff Kendrick, expects ARB to outperform both Bitcoin and Ether over the same period. According to Standard Chartered, Bitcoin is projected to reach $500,000 and Ether $40,000 by end-2030.
Kendrick outlined a series of interim price targets: $0.50 by end-2026, $1.50 by end-2027, $3.50 by end-2028, and $6.50 by end-2029.