Standard Chartered projects ARB could rise 70x by 2030
Standard Chartered has initiated coverage on Arbitrum (ARB) with a bullish outlook, projecting the token could reach $10 by the end of 2030. The bank highlights the growth of tokenization and the adoption of Arbitrum technology by traditional institutions, specifically citing the Robinhood Chain. The bank also provided long-term price targets for Bitcoin and Ethereum, estimating $500,000 and $40,000 respectively by 2030.
Summaries are written by AI from the original article. Not investment advice.