Hassan Maishera
TL;DR
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Standard Chartered initiated ARB coverage with a $10 price target for the end of 2030.
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The forecast implies an increase of more than 70 times from ARB’s Tuesday price near $0.13.
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Arbitrum receives 10% of net protocol revenue from external chains using its technology stack.
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Robinhood Chain could generate approximately $5 million in September fees for Arbitrum.
Standard Chartered has initiated coverage of Arbitrum’s ARB token with a $10 price target for the end of 2030, citing the network’s growing role in providing blockchain infrastructure to traditional financial institutions.
ARB traded near $0.1530 on Wednesday, up approximately 1% over 24 hours. The bank’s long-term target implies an increase of more than 70 times from that price.
Standard Chartered expects ARB to outperform Bitcoin and Ethereum during the forecast period, although it also identified weak token value accrual, competition and slower asset tokenization as significant risks.
Standard Chartered Maps ARB’s Path to $10
The bank established several interim price targets for Arbitrum:
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$0.50 by the end of 2026
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$1.50 by the end of 2027
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$3.50 by the end of 2028
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$6.50 by the end of 2029
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$10 by the end of 2030
Geoff Kendrick, Standard Chartered’s Global Head of Digital Assets Research, said ARB could outperform BTC and ETH over the same period.
The bank expects Ethereum to reach $4,000 by the end of 2026 and $40,000 by 2030. Its Bitcoin forecasts stand at $100,000 for 2026 and $500,000 for 2030.
Standard Chartered’s bullish outlook is partly based on Arbitrum’s position as an infrastructure provider for companies seeking to move financial assets onchain.
Through the Arbitrum Expansion Program, external blockchains can use Arbitrum’s technology stack. In return, Arbitrum receives a rolling fee equal to 10% of each participating chain’s net protocol revenue.
Kendrick argued that blockchain valuations are shifting toward business models capable of generating meaningful revenue.
Arbitrum’s focus on revenue could benefit the ARB token if activity across chains using its technology continues to grow and if the token captures more of that value.
Robinhood Chain Drives Arbitrum Revenue Growth
The July 1 launch of Robinhood Chain provides an early example of Arbitrum’s enterprise-focused strategy.
Standard Chartered estimates that Arbitrum could receive approximately $5 million in Expansion Program fees during September if the current activity rate continues.
Robinhood Chain generated an average of $2.8 million in daily fee revenue during the first two weeks of September, according to the bank. Arbitrum’s total monthly revenue is now more than five times higher than before Robinhood Chain launched.
Kendrick said Robinhood Chain’s early performance increases the probability that other traditional financial companies will build chains using Arbitrum’s technology.
Additional enterprise adoption could expand fee revenue and encourage investors to value ARB more like the tokens of layer-1 blockchains.
Standard Chartered also expects the tokenization of traditional assets to support Arbitrum’s growth.
The bank projects that tokenized assets will increase from approximately $340 billion today to $4 trillion by the end of 2028. Tokenized equities could account for $750 billion of that market.
Arbitrum could benefit if banks, brokerages and asset managers choose its technology for tokenized securities, payment systems or other onchain financial products.
Weak Value Accrual Remains a Key Risk
Standard Chartered warned that several factors could prevent ARB from reaching its targets.
Asset tokenization may grow more slowly than expected, while competing blockchains could attract financial institutions that might otherwise use Arbitrum.
The bank also highlighted ARB’s limited direct value accrual. Revenue generated by the network does not automatically translate into demand or financial benefits for token holders.
Additional uncertainty comes from the Depository Trust & Clearing Corporation’s tokenized-equity initiatives and pending US legislation, including the CLARITY Act.
