Standard Chartered sets $10 price target for ARB, citing Robinhood Chain

Standard Chartered analyst Geoffrey Kendrick initiated coverage on ARB with a $10 price target by the end of 2030, driven by the growth of Robinhood Chain. While Robinhood Chain has significantly boosted Arbitrum's revenue, these funds currently flow to the DAO treasury rather than directly to ARB holders. The analyst's bullish outlook assumes the DAO will eventually implement mechanisms to distribute treasury value to token holders, though current activity on the chain is heavily driven by meme coin trading rather than traditional asset tokenization.