Standard Chartered Sees 70-Fold Potential for Arbitrum's ARB Token
Standard Chartered has set a price target of $10 for Arbitrum's ARB token, predicting a roughly 70-fold increase from its current price of around $0.14 by the end of 2030.
The bull case is based on the success of the Arbitrum Expansion Program (AEP), which collects a 10% fee on net protocol revenue generated by external chains built on Arbitrum's technology.
Standard Chartered expects ARB to outpace both Bitcoin and Ethereum in growth over this period, with milestones including $0.50 by end of 2026, $1.50 by end of 2027, $3.50 by 2028, and $6.50 by 2029.
However, on-chain data shows that ARB has dropped 29% from its September peak, with active addresses declining since September 6 even as large transactions picked up during the sell-off.