Published • loading... • Updated
Standard Chartered Sees Arbitrum ARB Reaching $10 by 2030
Standard Chartered says enterprise chain fees and tokenized asset growth could lift ARB to $10 by 2030, with Bitcoin and Ether lagging.
- On Tuesday, Standard Chartered initiated coverage of Arbitrum's ARB token with a $10 price target for 2030, arguing that revenue from enterprise chains like Robinhood Chain could strengthen the network's economics.
- Arbitrum's business model increasingly relies on revenue from chains using its technology through a "launch-and-migrate" strategy, with Robinhood Chain sending 10% of net protocol revenue back to the ecosystem since July.
- While ARB traded around $0.13 on Tuesday with a market capitalization below $1 billion, the bank forecasts the tokenized equity market will reach $750 billion by 2028, representing roughly 263 times current distributed value.
- Standard Chartered estimates Robinhood Chain generated average daily fee revenue of approximately $2.8 million in early September, which Kendrick said increases the probability that other traditional financial firms could choose the Arbitrum stack.
- Regulatory developments like the CLARITY Act, slower tokenization, and competition from other blockchains pose risks to the forecast; separately, the firm projects Bitcoin at $500,000 and Ether at $40,000 by 2030.
Insights by Ground AI
20 Articles
20 Articles
Coverage Details
Total News Sources20
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
