Standard Chartered Sees Arbitrum Reaching $10 by End-2030 on Traditional Finance Potential
Standard Chartered has forecasted Arbitrum (ARB) to reach $10 by the end of 2030, according to a recent note from the bank's global head of digital asset research, Geoff Kendrick. This prediction is based on Arbitrum's potential as blockchain infrastructure for traditional finance and its revenue-generating capabilities through networks such as Robinhood Chain.
The bank believes that Arbitrum can become the go-to choice for traditional financial institutions looking to bring assets onto a blockchain, citing the success of Robinhood Chain launch in September. However, Kendrick also highlighted the limitation that ARB holders currently have no direct claim on the revenue generated through Arbitrum technology by Robinhood Chain.
Standard Chartered's forecast sequence for ARB is as follows: $0.50 by the end of 2026, $1.50 in 2027, $3.50 in 2028, $6.50 in 2029, and $10 in 2030. The bank also forecasts ether to reach $4,000 by end-2026 and $40,000 by end-2030, while projecting bitcoin to reach $100,000 by end-2026 and $500,000 by end-2030.
However, the bank has flagged slower tokenization and competition from rival blockchains as risks to its call, and Kendrick noted that revenue generated on Arbitrum is not directly linked to the value of the ARB token under the current setup.