Standard Chartered Initiates Coverage on ARB, Projects Rise to $10 by End of 2030

Standard Chartered has initiated coverage on Arbitrum's ARB token, projecting it will rise from approximately $0.14 to $10 by the end of 2030, citing revenue from networks such as Robinhood Chain. The bank also flagged risks including ARB holders' inability to directly share in Arbitrum's revenue, a slowdown in tokenization progress, and competition from peers.