Standard Chartered Sees Arbitrum Token Surge Over 70 Times

Standard Chartered, a British banking giant, is predicting significant growth for Arbitrum's token, $ARB. According to The Block, Standard Chartered recently evaluated Arbitrum and forecasts that $ARB will reach $10 by the end of 2030, representing an increase of over 70 times its current value.

The bank's global head of digital asset research, Geoff Kendrick, described Arbitrum as 'Blockchain for Traditional Finance,' noting that its business model is well-positioned to benefit from the rapid growth in tokenized assets. Kendrick also highlighted Robinhood Chain as a major growth driver, early evidence that Arbitrum could become a significant blockchain infrastructure provider for traditional financial institutions.

Standard Chartered's estimates project that ETH will reach $4,000 by the end of 2026 and $40,000 by the end of 2030, while BTC is projected to reach $100,000 by the end of 2026 and $500,000 by the end of 2030. The bank also predicts that the tokenized real-world asset market will reach $4 trillion by 2030.