Standard Chartered Sees Arbitrum Surpassing Bitcoin and Ether by 2030

Standard Chartered believes that Arbitrum could outperform Bitcoin and Ether by 2030. The bank's global head of digital assets research, Geoff Kendrick, made this prediction in a recent note shared with Cointelegraph.

The growth of tokenized real-world assets is driving Arbitrum's potential for success. These tokens have reached nearly $39 billion in cumulative value, according to RWA.xyz data, and Standard Chartered forecasts they will reach $4 trillion by the end of 2028.

Kendrick expects this trend to continue as traditional financial firms move more assets onchain, providing a lucrative revenue source for Arbitrum. The network receives 10% of the net protocol revenue generated by companies building on it.

The bank cites Robinhood Chain, developed by online brokerage Robinhood, as an example of how Arbitrum's economics have been impacted. At its current run rate, Arbitrum is expected to generate $5 million in revenue in September, more than five times its level before Robinhood Chain launched in July.

Kendrick believes that these economics will support a steady rise in Arbitrum's native ARB token over the coming years, reaching as high as $10 by 2030. From current levels, this would represent a roughly 70-fold increase.