Standard Chartered sees ARB at $10 by 2030 on Robinhood Chain revenue
New bank forecast pushes ARB target to 70 times current price
Standard Chartered has started covering Arbitrum’s ARB token and forecasts that the price will reach $10 by the end of 2030. This target represents a 70-fold increase from the token's current price of approximately 14 cents. The bank’s analysis centers on Arbitrum’s growing revenue stream from hosting networks built by major financial companies, specifically citing Robinhood Chain as a key driver.
Geoffrey Kendrick, the bank's global head of digital assets research, published the note on Tuesday. While the projection is significant, Kendrick also outlined specific risks, including the fact that ARB token holders currently have no direct claim on the network’s revenue. He also warned that slower-than-expected adoption of tokenization and competition from other blockchains could affect the outcome.
Robinhood Chain drives record monthly fees
Robinhood Chain, a network built on Arbitrum, has significantly boosted the platform’s income. According to Standard Chartered, the chain has lifted Arbitrum’s estimated monthly revenue run-rate to about $5 million. This is more than five times the level recorded before the chain launched in July.
By September 1, the chain was generating $3.75 million in user fees per month. It was also sending roughly $370,000 to Arbitrum over a 24-hour period. In July, Robinhood Chain paid $360,000 in licensing fees, which accounted for 35% of the Arbitrum DAO’s income for that month. The revenue split sends 8% of net protocol revenue to the DAO treasury and 2% to a developer fund.
Key numbers and dates
- ARB forecast to reach $10 by end of 2030.
- ARB forecast to be $1.50 in 2027 and $6.50 in 2029.
- Arbitrum monthly revenue run-rate reached ~$5 million due to Robinhood Chain.
- $4 trillion of traditional assets expected to be tokenized by 2028.
- ARB gained nearly 7% in the 24 hours following the report.
What the bank's report details
Standard Chartered’s thesis relies on the concept of tokenization, which involves representing traditional financial assets as digital tokens on a blockchain. Kendrick expects this process to make Arbitrum the preferred network for traditional finance firms bringing assets on-chain. He notes that while memecoin platforms and trading apps have driven much of the early activity on Robinhood Chain, the long-term value proposition comes from institutional usage.
The bank explicitly states that there is a gap between network revenue and token utility. Currently, none of the revenue from Robinhood Chain flows directly to ARB token holders. Kendrick lists this structural limitation, along with potential delays in tokenization adoption and rivalry from other blockchains, as the primary risks to the price forecast.
Practical context for holders
For readers, this forecast is based on an assumption that infrastructure for tokenized assets will grow substantially. While the network is generating millions in monthly fees, those fees currently benefit the project's treasury and developers rather than investors directly. The analysis suggests that if Arbitrum successfully captures a growing share of the $4 trillion in tokenized assets by 2028, the increased utility and revenue could support a much higher token price.
Next steps
Standard Chartered provided a yearly price roadmap leading up to 2030. The bank expects ARB to hit 50 cents by the end of this year, $1.50 in 2027, $3.50 in 2028, and $6.50 in 2029. The final target of $10 is projected for the end of 2030. Market participants will need to watch the rate of adoption for tokenized traditional assets on Arbitrum to see if these projections align with actual network growth.
