Standard Chartered has started coverage of Arbitrum’s ARB token for the first time, according to The Block, with a price target of $10 by the end of 2030. The bank said that level would represent roughly a 70-fold increase from the current price cited in the report. Geoff Kendrick, the bank’s global head of digital assets research, told clients that ARB is expected to outperform both Bitcoin and Ethereum over the forecast period. In the same set of projections, Standard Chartered said Ethereum could reach $4,000 by the end of 2026 and $40,000 by the end of 2030, while Bitcoin could hit $100,000 by the end of 2026 and $500,000 by the end of 2030. Kendrick also described Arbitrum as an enterprise-grade infrastructure provider helping traditional financial institutions move assets on-chain. Under Arbitrum’s expansion plan, the network can collect a rolling fee equal to 10% of net protocol revenue from external chains using its technology stack. After Robinhood Chain launched on July 1, the bank estimated Arbitrum could receive about $5 million in AEP fees in September.
Standard Chartered has initiated coverage of the Arbitrum (ARB) token for the first time, according to The Block, setting a price target of $10 by the end of 2030. The report said that target implies roughly a 70x increase from the current price.
Geoff Kendrick, Standard Chartered’s global head of digital assets research, said in a note to clients that ARB is expected to outperform Bitcoin and Ethereum over the forecast period.
Bank also laid out Bitcoin and Ethereum targets
In the same forecast, Standard Chartered said Ethereum could reach $4,000 by the end of 2026 and $40,000 by the end of 2030. For Bitcoin, the bank projected $100,000 by the end of 2026 and $500,000 by the end of 2030.
How Standard Chartered frames Arbitrum’s role
Kendrick said Arbitrum is acting as an enterprise-grade infrastructure provider, helping traditional financial institutions move assets on-chain.
Under Arbitrum’s expansion plan, the network can receive a rolling fee equal to 10% of net protocol revenue from external chains that use its technology stack.
Fee estimates tied to Robinhood Chain
After Robinhood Chain launched on July 1, Standard Chartered estimated that Arbitrum could receive about $5 million in AEP fees in September.
The report also said Robinhood Chain generated average daily fee revenue of $2.8 million in the first two weeks of September. Arbitrum’s monthly total revenue has risen more than fivefold from the level seen before that chain went live.
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