Standard Chartered Sets Ambitious Arbitrum Price Target

Arbitrum (ARB) rose 12.39% to $0.1513 even as the broader crypto market declined, following Standard Chartered's initiation of coverage on the token with a $10 price target by the end of 2030.

The bank valued that increase at roughly 70 times from $0.14. Measured from Wednesday's level, ARB would need to climb about 66 times from current prices to hit that mark.

Arbitrum Gains While Market Slides on Clarity Act Defeat

Nearly all other assets traded lower. Total crypto market capitalization fell 6.26% to $2.60 trillion over a 24-hour period.

Bitcoin (BTC) dropped to $75,856, while XRP (XRP) declined 9.36%. The downturn followed the Senate's 49-50 vote against a motion to invoke cloture on the Digital Asset Market Clarity Act, which required 60 votes to advance.

Arbitrum, however, has been driven by its own catalyst since Robinhood Chain launched on July 1, with prior gains tied to record network fees.

Robinhood Chain Positions Arbitrum as a Revenue Driver

Geoff Kendrick, Standard Chartered's global head of digital assets research, characterizes Arbitrum as an enterprise-grade infrastructure platform for TradFi firms moving on-chain. Arbitrum takes a rolling 10% of net protocol revenue from chains built on its stack.

Robinhood Chain serves as the test case. Kendrick projects Arbitrum will generate around $5 million in September, roughly 5 times its monthly revenue before the July launch. Its prior peak was $4.4 million in October 2025.

He anticipates tokenized equities expanding from about $3 billion today to $750 billion by the end of 2028. His price path for ARB includes $0.50 this year, $1.50 in 2027, and $3.50 in 2028.

"This would far outperform our projected price growth for ETH and BTC over our forecast horizon," the note read.

Kendrick also highlights the weakness in the thesis. ARB provides governance rights but no burn mechanism and no direct claim on that revenue, a structure he compares to Aave (AAVE) and Chainlink (LINK). He wrote that a buyback becomes more likely as the ecosystem matures.

Supply acts as the counterbalance. About 92.3% of the maximum supply of 10 billion has vested, with the final tranche set to unlock in March 2027.