Standard Chartered Sees Arbitrum (ARB) at $0.50 This Year, $10 by 2030. Here's the Path

Crypto Insight Summary: Arbitrum (ARB) climbed 12.39% to $0.1513 as the rest of the crypto market fell, after Standard Chartered initiated coverage of the token with a $10 price target for the end of 2030. The bank pegged that gain at roughly 70 times from $0.14. Measured from Wednesday’s price, ARB would need to gain about 66 times Crypto Insight Analysis: Direction: Bullish ARB Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Bullish price target from major bank boosts sentiment, but long-term outlook.