Standard Chartered initiates coverage on ARB, predicting it will rise to $10 by the end of 2030

Standard Chartered Bank has initiated coverage of Arbitrum's ARB token, predicting it will rise from approximately $0.14 to $10 by the end of 2030, citing revenues brought in by networks such as Robinhood Chain.

The bank also cautioned that ARB holders cannot directly share in Arbitrum's revenues, and highlighted risks such as a slowdown in the tokenization process and competition from peers.