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

Sep 16, 12:08

September 16: Standard Chartered has initiated coverage on Arbitrum's ARB token, predicting it will rise from about $0.14 to $10 by the end of 2030, citing revenue from networks such as Robinhood Chain. The bank also flagged risks including that ARB holders cannot directly share in Arbitrum's revenue, a slowdown in tokenization, and competition from peers.