Crypto
Standard Chartered Sees 70x Upside Potential for Arbitrum by 2030
Standard Chartered's Geoff Kendrick has made headlines with his prediction that Arbitrum (CRYPTO: ARB) is 'hugely undervalued' and could reach a price of $10 by 2030, representing a 70x increase from its current price.
The bank set this target on September 14, 2026, when the token was trading at $0.13, but ARB has since rebounded to close at $0.22 on September 18 after a 70% price jump.
This bullish call is based on Arbitrum's connection to Robinhood Chain, which sends 10% of its revenue back to the token. However, this revenue does not directly benefit ARB holders due to the token's governance structure.