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Standard Chartered has started coverage of Arbitrum and expects its ARB token to reach $10 by the end of 2030, compared with about $0.14 at the time of coverage.
In a note from Geoffrey Kendrick, the bank’s global head of digital assets research, said that Arbitrum could benefit from the growing use of blockchain infrastructure by traditional financial institutions and from the expansion of tokenized assets.
ARB was trading 1% higher at $0.137 after the note was published, per CoinGecko. The token has posted an 85% gain over the past month. From current levels, the bank’s forecast would represent an upside of approximately 70 times and would exceed the bank’s projected returns for Ether and Bitcoin.
According to Standard Chartered, Arbitrum is emerging as a key infrastructure for traditional finance as firms such as Robinhood move on-chain, with the bank expecting rising adoption and revenue to support ARB’s price.
The network, one of the two dominant layer 2 networks on Ethereum, receives 10% of net protocol revenue for the service, and the bank estimates total revenue will reach about $5 million in September following Robinhood Chain’s launch in early July, more than five times the pre-launch level.
Standard Chartered forecasts $4 trillion in tokenized assets by the end of 2028, arguing that this growth should raise Arbitrum’s revenue and potentially bring its market-cap-to-fees multiple closer to those of layer 1 networks.
The bank also flags slower tokenization, competition from other chains, uncertainty over issuer preferences and incomplete US digital asset regulation as risks. Its initiation targets are $0.5 for 2026, $1.5 for 2027, $3.5 for 2028, and $6.5 for 2029.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
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