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ARB, the token of Ethereum layer-two network Arbitrum, could rise to $10 by 2030 as the tokenized asset market expands, Standard Chartered said in a recent report. That would be more than 70 times its current level of about $0.1346.
The bank said Arbitrum’s business model positions it to support traditional finance firms moving on-chain, leaving it well placed to benefit from growth in tokenized assets. Standard Chartered added that the tokenized real-world asset market is expected to reach $4 trillion by 2030 and said Arbitrum has a distinct competitive edge in that environment.