Standard Chartered Sees ARB Price Surge to $10 by 2030 with Robinhood Chain Catalyst

Standard Chartered is bullish on Arbitrum's native token ARB, setting a price target of $10 by the end of 2030. This prediction implies an approximately 70x increase from the current price of around $0.13.

The bank cites the recent launch of Robinhood Chain as a key catalyst for this analysis. According to Geoff Kendrick, global head of digital assets research at Standard Chartered, 'The recent launch of Robinhood Chain demonstrates that Arbitrum could become the preferred choice when traditional financial firms move assets on-chain.'

Arbitrum's revenue is expected to reach approximately $5 million in September, a more than fivefold increase compared to levels before Robinhood Chain's launch. The bank estimates that the tokenized asset market will grow to $4 trillion by the end of 2028.