Standard Chartered Sees Arbitrum Token Surging to $10 by 2030
Standard Chartered has set an ambitious price target of $10 for Arbitrum's ARB token by the end of 2030. The bank initiated coverage of ARB with a forecast that includes several key milestones: $0.50 in 2026, $1.50 in 2027, and $3.50 in 2028.
Standard Chartered based its forecast on the growth of tokenized assets, which it projects will reach $4 trillion by 2028, up from around $340 billion currently. The bank also expects a significant increase in revenue for Arbitrum due to the success of Robinhood Chain, which has already generated daily fees of $2.8 million.
However, Standard Chartered also identified several key risks, including slower tokenization, competition from other blockchain networks, and regulatory uncertainty. The bank noted that the pending U.S. rules on tokenized equities could impact how quickly traditional firms move assets onto blockchains.