Arbitrum’s ARB drops 29% from September peak, Standard Chartered sets $10 target

Standard Chartered just put a $10 price target on Arbitrum’s ARB token, projecting a roughly 70-fold increase from its current price of around $0.14. The target date: end of 2030. The coverage initiation landed on September 15, and ARB responded with single-day price gains between 12% and 17%. On-chain data from Santiment shows ARB has dropped 29% from its September peak, with active addresses declining since September 6 even as large transactions picked up during the sell-off. The bull case in four stages Standard Chartered laid out a staged roadmap: $0.50 by end of 2026, $1.50 by end of 2027, $3.50 by 2028, and $6.50 by 2029 before reaching the $10 target in 2030. The thesis rests heavily on the Arbitrum Expansion Program, or AEP, which collects a 10% fee on net protocol revenue generated by external chains built on Arbitrum’s technology. That model got a significant boost in July 2026 when Robinhood launched its own chain using Arbitrum’s stack. Estimated September revenue for Arbitrum is roughly $5 million, which is more than five times what the network was pulling in before the Robinhood Chain went live. Standard Chartered expects ARB to outpace both Bitcoin and Ethereum in gr...