Standard Chartered Sets $10 Price Target for Arbitrum Token by 2030
Bank Foresees Major Growth for Arbitrum Token
Standard Chartered has initiated coverage on Arbitrum's ARB token with a price target of $10 by the end of 2030. This would represent a roughly 70-fold increase from its current trading level of about $0.13.
The bank's forecast includes interim targets, such as $0.50 by the end of 2026, $1.50 by the end of 2027, $3.50 by the end of 2028, and $6.50 by the end of 2029.
Key Forecasts and Revenue Projections
- Standard Chartered projects ARB to outperform bitcoin and ether over the forecast period.
- The bank estimates Arbitrum will receive about $5 million in fees from the Arbitrum Expansion Program in September.
- Tokenized assets, which are assets represented on a blockchain, are expected to reach $4 trillion by 2028, up from $340 billion.
What Standard Chartered Says
Geoff Kendrick, Standard Chartered's Global Head of Digital Assets Research, highlighted Arbitrum's role as an enterprise infrastructure provider for traditional financial institutions. The network receives a rolling fee equal to 10% of net protocol revenue from external chains using its technology stack.
Kendrick noted that digital assets are transitioning from a state where revenue is not relevant to one where revenue is critical, and Arbitrum's business model is focused on revenue.
Confirmed Details from the Report
Standard Chartered's price target for ARB is $10 by end-2030. The bank forecasts bitcoin to reach $100,000 by end-2026 and $500,000 by end-2030, and ether to reach $4,000 by end-2026 and $40,000 by end-2030.
Following the July 1 launch of Robinhood Chain, Standard Chartered estimates Arbitrum will receive about $5 million in AEP fees in September at the current run rate. Robinhood Chain's daily fee revenue averaged $2.8 million in the first two weeks of September, and Arbitrum's total monthly revenue is now more than five times its level before the chain's launch.
Risks and Uncertainties
The report flags several risks, including slower asset tokenization, competition from other blockchains, and ARB's lack of direct value accrual. Additionally, pending U.S. rules like the Clarity Act have not yet been passed.
Why This Matters for Crypto Adoption
Arbitrum's potential growth is tied to the increasing use of blockchain infrastructure by traditional financial firms and the expansion of tokenized assets. If realized, it could illustrate how crypto networks can generate revenue and integrate with traditional finance.