Standard Chartered Sees 70-Fold Surge in Arbitrum Token to $10

Standard Chartered has launched coverage of Arbitrum, forecasting that its token, ARB, will surge by 70-fold to reach $10 by the end of 2030. The current price of ARB is around $0.13.

The bank's analysts expect Arbitrum to outperform both Bitcoin and Ethereum over the forecast period. Key drivers for this growth include the adoption of Arbitrum infrastructure by traditional financial firms and the expansion of tokenized assets.

According to Standard Chartered, Arbitrum's revenue has increased significantly, with payments from Robinhood Chain reaching around $5 million in September alone if the current pace continues. The bank also expects the market for tokenized assets to expand from around $340 billion to $4 trillion by the end of 2028.

Standard Chartered has set interim targets for ARB, putting it at $0.50 by the end of 2026, $1.50 in 2027, and $3.50 in 2028. The bank expects the token to reach $6.50 by the end of 2029.