Standard Chartered Sees Arbitrum's ARB Reaching $10 by 2030, or 70 Times Current Price
Summary
- Standard Chartered said Arbitrum (ARB) has a price target of $10 by the end of 2030, implying roughly 70 times upside from current levels.
- It said Arbitrum's monthly revenue could reach about $5 million in September after the launch of Robinhood Chain, more than five times the level seen before the chain went live.
- Standard Chartered said Arbitrum could benefit if the tokenized asset market grows and more traditional financial firms move on-chain, while also citing the lack of a direct link between the ARB token and revenue, along with competition, as risk factors.
Forecast Trend Report by Period
Standard Chartered has set a $10 price target for Arbitrum's ARB token by the end of 2030. That implies about 70 times upside from its current price of roughly $0.13.
Stocktwits reported on September 15 that Geoff Kendrick, Standard Chartered's global head of digital asset research, said the launch of Robinhood Chain suggests Arbitrum could grow into a blockchain infrastructure provider for traditional financial institutions.
"The recent launch of Robinhood Chain showed that Arbitrum could become the top choice for traditional financial firms as they move assets on-chain," Kendrick said.
Standard Chartered said Arbitrum's revenue base has expanded sharply since Robinhood Chain launched. Kendrick estimates Arbitrum's monthly revenue could reach about $5 million in September if the current trend continues. That would be more than five times the level seen before the Robinhood Chain launch.
Arbitrum not only operates its own Layer 2 network, but also provides the technology and support for other companies to build separate Layer 2 chains. Under that structure, it collects 10% of the net revenue generated by those networks as fees.
Standard Chartered projects the tokenized asset market could grow to $4 trillion by the end of 2028. The bank said Arbitrum stands to benefit if traditional financial firms expand their on-chain activity.
Still, it cited slower growth in the asset tokenization market and competition from other blockchains as risks. It also pointed to a key limitation: Revenue generated on Arbitrum is not directly linked to the value of the ARB token under the current structure.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.