Standard Chartered Sees Arbitrum Token Price Soar to $10 in 2030

Standard Chartered has issued a bullish forecast for the Arbitrum token (ARB), predicting it will rise from around 14 cents to $10 by the end of 2030, a 70-fold increase. This prediction is based on revenue generated by networks such as Robinhood Chain.

Rubinhood Chain's launch has driven Arbitrum's estimated monthly revenue run rate up to about $5 million, primarily due to activity from memecoin platforms and trading apps rather than tokenized traditional assets. However, this growth may not translate directly into value for ARB holders, as they currently have no direct claim on the revenue.

Standard Chartered's call also acknowledges risks such as slower tokenization and competition from rival blockchains. The bank has started covering Arbitrum's ARB token with a forecast that it reaches $10 by the end of 2030.