Standard Chartered Forecasts ARB to Reach $10 by 2030
Standard Chartered's global head of digital assets research, Geoff Kendrick, projects that ARB could reach $10 by the end of 2030. The forecast outlines annual price targets of $0.50 in 2026, $1.50 in 2027, $3.50 in 2028, and $6.50 in 2029. Additionally, the bank expects Arbitrum's monthly revenue to hit $5 million, a fivefold increase following the launch of the Robinhood Chain. While the report highlights growth potential, it notes that risks include a slowdown in tokenization, competition from other blockchains, and the current lack of a direct value capture mechanism for ARB holders.
Summaries are written by AI from the original article. Not investment advice.