Standard Chartered expects ARB to reach $10 by 2030, with Arbitrum's monthly revenue potentially hitting $5 million

Odaily News: Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered, stated that ARB is expected to reach $10 by the end of 2030. The forecast uses $0.14 as a reference price, approximately 48 times the current price of $0.21; its annual targets also include $0.5 in 2026, $1.5 in 2027, $3.5 in 2028, and $6.5 in 2029.

Arbitrum's monthly revenue for September is projected to reach $5 million, representing a more than 5x increase from before Robinhood Chain's launch. Robinhood Chain launched its public chain mainnet on July 1 based on the Arbitrum platform, targeting tokenized assets and decentralized finance applications; under the Expansion Program, 10% of protocol net revenue is returned to the Arbitrum ecosystem, with 8% going to the ArbitrumDAO treasury and 2% supporting the Arbitrum Developer Guild.

ARB is an ERC-20 governance token used for voting on ArbitrumDAO proposals. It currently does not represent on-chain asset ownership, nor is there a mechanism for directly capturing Arbitrum revenue. Standard Chartered noted that a slowdown in the tokenization process, competing blockchains, and ARB's lack of a direct value capture mechanism are the main risks facing this forecast. (Bitcoin.com News)