Standard Chartered Forecasts $10 ARB as Arbitrum Revenue Grows

Key Takeaways

• Standard Chartered set a $10 ARB target for the end of 2030.
• Arbitrum’s monthly revenue could reach $5 million in September.
• ARB still lacks a direct mechanism for accruing network value.

Standard Chartered Maps ARB’s Path to $10

ARB could reach $10 by the end of 2030, according to a Sept. 15 analysis by Standard Chartered Global Head of Digital Assets Research Geoff Kendrick. The bank calculated a roughly 70-fold increase from its 14-cent reference price, but ARB has since risen to approximately 21 cents, making the target about 48 times its current price. Tokenized equity trading approached $3 billion in weekly volume during August, with Robinhood Chain among the leading venues.

The bank’s annual forecast places ARB at 50 cents in 2026, $1.50 in 2027, $3.50 in 2028, $6.50 in 2029, and $10 in 2030. Kendrick wrote:

“I think the ARB token, which is now hugely undervalued with this higher revenue base, is going to undergo a structural re-rating.”

ARB is an ERC-20 governance token that allows holders to vote on ArbitrumDAO proposals, including network upgrades and treasury decisions. Unlike real-world asset tokens, which can represent claims on traditional financial instruments, ARB does not provide ownership in assets brought onchain or a direct claim on Arbitrum’s revenue.