Standard Chartered Sets $10 Arbitrum Target on Robinhood and Tokenization Growth

Share

Standard Chartered initiated coverage of Arbitrum’s ARB token with a $10 price target by end-2030. The bank set intermediate targets at $0.50 by end-2026, $1.50 by end-2027, $3.50 by end-2028 and $6.50 by end-2029. Arbitrum generates revenue from four sources: transaction fees, treasury management, Timeboost auctions and the Arbitrum Expansion Program charging 10% of licensees’ net protocol revenue. Robinhood Chain, collecting $37.31 million over 30 days versus $454,175 for Arbitrum One, now accounts for the bulk of revenue. The forecast hinges on tokenized assets growing to $4 trillion by end-2028.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles