Standard Chartered Sees $10 Arbitrum Price by 2030

Standard Chartered has predicted a massive rally in Arbitrum (ARB) price over the next few years, projecting it to reach $10 by 2030. This represents almost a 70-fold increase from recent levels.

The bank's report argues that Arbitrum's business model is well-positioned to benefit from the expected boom in tokenized assets, which could grow to $4 trillion by the end of 2028. Geoff Kendrick, global head of digital assets research at Standard Chartered, noted that Arbitrum is 'the blockchain for TradFi,' helping traditional financial firms move assets on-chain.

The report also suggests that projects such as Robinhood Chain, which adopted the Arbitrum technology stack and share protocol revenue with it, will drive Arbitrum's revenue growth. Kendrick expects monthly revenue to reach about $5 million in September.