Standard Chartered Sets 10 USD Arbitrum Price Target for 2030 as Robinhood Chain Revenue Model Takes Shape

Standard Chartered opens Arbitrum coverage with a 10 USD price target for 2030

Standard Chartered has initiated coverage of Arbitrum’s ARB token with a 10 USD end-of-2030 price target, arguing that revenue from enterprise chains such as Robinhood Chain could strengthen the network’s economics as financial firms move activity onchain. The call, led by the bank’s global head of digital assets research Geoff Kendrick, sets interim targets of 0.50 USD for the end of 2026, 1.50 USD for 2027, 3.50 USD for 2028 and 6.50 USD for 2029, according to a Sept. 15 report by The Block on the research note shared with clients.

ARB traded around 0.13 USD when the note was published, according to market data on Sept. 15, which puts the token’s market capitalization below 1 billion USD. At that level, the 10 USD forecast implies roughly seventyfold upside — a projection the bank itself frames as dependent on assumptions about future network adoption, protocol income and market valuation, not as a guaranteed outcome. ARB changed hands near 0.1395 USD in Tuesday trading, up roughly 3.2 percent over 24 hours.

The thesis: Arbitrum as infrastructure for traditional finance

Kendrick’s case centers on Arbitrum becoming the infrastructure layer for financial companies that want dedicated blockchain networks while retaining technology developed within the Arbitrum ecosystem. Standard Chartered described Arbitrum as having a “unique advantage” in helping traditional finance operators move operations onchain.

The bank’s broader market view underpins the call. Standard Chartered forecasts tokenized assets reaching 4 trillion USD by 2028, with tokenized equities alone reaching 750 billion USD — a roughly 250x expansion of the tokenized equity market that the bank believes favors chains with an established enterprise licensing model. Under its base forecast, the bank expects ARB to outperform both Bitcoin and Ether through 2030. Its separate projections put Bitcoin at 100,000 USD by the end of 2026 and 500,000 USD in 2030, with Ether at 4,000 USD and 40,000 USD for the same dates.

Robinhood Chain gives the forecast a working revenue model

Robinhood Chain, which launched publicly on July 1, has become central to the bank’s model. The network is built with the Arbitrum technology stack while settling to Ethereum, and it launched with tokenized stocks and DeFi services accessible to eligible users in more than 120 countries.

Under the Arbitrum Expansion Program, chains that settle outside Arbitrum One and Nova return 10 percent of net protocol revenue to the Arbitrum ecosystem — with eight percentage points going to ArbitrumDAO and two to the Arbitrum Developer Guild. Standard Chartered estimated that Robinhood Chain generated average daily fee revenue of approximately 2.8 million USD during the first two weeks of September. At that run rate, Kendrick expects Arbitrum to receive roughly 5 million USD in AEP fees during September alone, though that figure remains the bank’s estimate rather than a completed monthly result.

Official figures provide an earlier benchmark. The Arbitrum Foundation reported 360,000 USD in AEP license fees during July, Robinhood Chain’s first month on mainnet, with AEP fees representing 35 percent of ArbitrumDAO’s income for that month. For the first half of 2026, ArbitrumDAO received 6.19 million USD across transaction fees, Timeboost, AEP license payments and treasury income. The ecosystem processed 478 million transactions during the six-month period and ended it with more than 125 million USD in non-ARB treasury assets.

Risks the bank itself flags

Standard Chartered is candid about what could derail the forecast. It identifies slower tokenization, competition from other blockchain networks and ARB’s limited direct value accrual as the main risks to its estimates. The last point matters for holders: ARB is a governance token that lets holders govern ArbitrumDAO and its treasury, but it does not automatically distribute network revenue directly to holders. The bank specifically cited that structure as a risk to a higher valuation — meaning the price path from 0.13 USD toward 10 USD depends on the market rewarding indirect exposure to enterprise revenue growth.

For altcoin investors, the note marks one of the first times a major international bank has published a multi-year price model for an L2 governance token. Whether the enterprise-chain licensing model becomes a durable revenue stream or remains concentrated in a single flagship deployment like Robinhood Chain is likely to decide how the 2030 target ages. The token traded near 0.1395 USD on Tuesday, with Bitcoin hovering around 77,300 USD and Ether near 2,500 USD as markets await this week’s Federal Reserve decision.