Standard Chartered Sets $10 Price Target for Arbitrum as ARB Faces On-Chain Headwinds

Standard Chartered issued a $10 price target for Arbitrum’s ARB token, projecting a 70-fold increase from its current price of approximately $0.14 by the end of 2030. Following the September 15 coverage initiation, the token saw single-day gains between 12% and 17%.

The bank’s roadmap for the token includes reaching $0.50 by the end of 2026, $1.50 by the end of 2027, $3.50 by 2028, and $6.50 by 2029. The thesis is built on the Arbitrum Expansion Program, which captures a 10% fee on net protocol revenue from external chains using Arbitrum technology. This model saw increased momentum in July 2026 with the launch of the Robinhood chain.

Network revenue for September is estimated at roughly $5 million, a five-fold increase compared to figures recorded before the integration of the Robinhood chain. Standard Chartered anticipates that ARB will outperform both Bitcoin and Ethereum in growth throughout this period.

Despite the bullish outlook, on-chain data from Santiment indicates a more complex environment. ARB has fallen 29% from its September peak, and the number of active addresses has been in decline since September 6. While large transactions increased during the recent sell-off, the network also faced a token unlock on September 16, which released 92.6 million ARB, or about 1.4% of the circulating supply.

Arbitrum continues to show high network activity, having processed 478 million transactions in the first half of 2026, bringing its lifetime total to 2.7 billion. The network currently leads other blockchains in the deployment of tokenized real-world assets.