Standard Chartered covers $ARB for the first time, with a direct target price of $10.
Don’t look at the fact that ARB is still around 0.15U for now—this upside potential is indeed outrageous.
But more worth paying attention to than the “$10” target is why Standard Chartered has restarted its bullish view on ARB.
The core is Robinhood Chain.
After Robinhood Chain went live, Arbitrum’s monthly revenue run-rate has risen to around $5 million, more than 5x versus before launch.
Even more importantly, Arbitrum has the chance to become an important foundational infrastructure for traditional financial assets to go on-chain. Standard Chartered expects that the tokenization market could grow by roughly 250x by 2028.
So my take on ARB:
In the short term it has already run up; I don’t recommend chasing blindly. If you’re looking long term, you could consider observing first, then scaling in after a pullback.
Next, focus on two things:
1️⃣ Whether Robinhood Chain’s revenue can be sustained
2️⃣ Whether Arbitrum can truly capture the incremental demand from RWA and stock tokenization
If both of these lines of logic keep proving out, then once the bigger bull market truly kicks in, ARB’s upside imagination is still worth watching.#ARB #Arbitrum #RWA
Don’t look at the fact that ARB is still around 0.15U for now—this upside potential is indeed outrageous.
But more worth paying attention to than the “$10” target is why Standard Chartered has restarted its bullish view on ARB.
The core is Robinhood Chain.
After Robinhood Chain went live, Arbitrum’s monthly revenue run-rate has risen to around $5 million, more than 5x versus before launch.
Even more importantly, Arbitrum has the chance to become an important foundational infrastructure for traditional financial assets to go on-chain. Standard Chartered expects that the tokenization market could grow by roughly 250x by 2028.
So my take on ARB:
In the short term it has already run up; I don’t recommend chasing blindly. If you’re looking long term, you could consider observing first, then scaling in after a pullback.
Next, focus on two things:
1️⃣ Whether Robinhood Chain’s revenue can be sustained
2️⃣ Whether Arbitrum can truly capture the incremental demand from RWA and stock tokenization
If both of these lines of logic keep proving out, then once the bigger bull market truly kicks in, ARB’s upside imagination is still worth watching.#ARB #Arbitrum #RWA
