Standard Chartered sets $10 2030 target for Arbitrum, implying 70-fold upside

  • Standard Chartered set a 2030 price target for Arbitrum’s ARB token.
  • $10 implies about 70-fold upside from current levels, according to Standard Chartered.
  • Arbitrum’s September revenue reached $5 million after Robinhood Chain launched in July.

Standard Chartered set a $10 price target for Arbitrum’s ARB token in 2030, implying about 70-fold upside from current levels. Geoff Kendrick, the bank’s global head of digital assets research, said Arbitrum is positioned to capture 10% of net protocol revenue generated by companies operating on its network. He highlighted Robinhood Chain, which launched in July, as a leading example; Arbitrum’s September revenue reached $5 million, five times its pre-launch level. Kendrick identified slower-than-expected asset tokenization and increased competition from other blockchains as the main downside risks. Broader crypto markets also recovered during the week, with Bitcoin rising 5.9% to $81,185, Ether gaining 6.6% to $2,639 and XRP advancing 5.4% to $1.40. Near Protocol led altcoin gains at 76.4%, followed by Arbitrum at 64.3% and Ethena at 61.6%.

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