Standard Chartered Sees ARB Token Soaring to US$10 by 2030

Standard Chartered, a major global bank, has forecast that the ARB token of the Arbitrum network will reach US$10 by the end of 2030. This is a significant price increase from its current value and represents a growth of about 70 times.

The prediction is based on the Arbitrum Expansion Program, which allows companies like Robinhood to pay 10% of their protocol net revenue to the Arbitrum ecosystem. This payment is split between the ArbitrumDAO treasury and the Arbitrum Developer Guild.

Robinhood Chain's launch in July has already shown promising results for Arbitrum, with the network collecting about US$360,000 in licence fees in its first month. Standard Chartered estimates that this figure will increase to around US$5 million by September at the current rate of adoption.