Standard Chartered Sees Arbitrum Token Value Surge to $10 by 2030

Standard Chartered has made bold predictions for Arbitrum's ARB token, forecasting it to reach $10 by the end of 2030. According to their model, the price will rise gradually from $0.50 in 2026 to $1.50 in 2027 and $3.50 in 2028 before surging to $6.50 in 2029 and finally reaching the target by 2030.

The bank's prediction is based on Arbitrum's Expansion Program, which allows external chains built using its technology to contribute a portion of their revenue to the ecosystem. This model will give Arbitrum a recurring revenue stream as more financial companies launch their own blockchain infrastructure using its technology.

Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, noted that this prediction is more bullish than the bank's Ethereum and Bitcoin outlook over four years. 'This would far outperform our projected price growth for ETH and BTC over our forecast horizon.'