Arbitrum (ARB) price rose 8.75% on September 15, trading near $0.1454 after opening at $0.1337 and reaching an intraday high of $0.1468. The token opened at $0.1337, fell to $0.1314, and recovered from a support area after an earlier September rally. The 4-hour chart recorded a 5.9% gain, with price rising from $0.1374 to $0.1454. The rebound followed a volatile start to September, where ARB climbed from below $0.09 to approximately $0.20 before sellers pushed it back toward $0.13. The daily chart still showed the token well below its monthly peak despite the latest gain, with a move from $0.1454 to $10 requiring a gain of approximately 6,780%.
Standard Chartered has initiated coverage of Arbitrum's ARB token with a $10 end-2030 price target, implying roughly 70-fold upside from current levels. According to reports from The Block, Geoff Kendrick, Standard Chartered's global head of digital assets research, set interim ARB targets of $0.50 by the end of 2026, $1.50 for 2027, $3.50 for 2028, and $6.50 for 2029 before reaching $10 in 2030. ARB traded around $0.13 when the note was published, making the final forecast roughly 70 times that level. The bank forecasts ARB at $0.50 in 2026, $1.50 in 2027, and $3.50 in 2028. In a note to clients, Kendrick emphasized that the bank expects ARB to outperform bitcoin and ether over the forecast period, with Bitcoin projected at $100,000 by the end of 2026 and $500,000 in 2030, while Ether is projected at $4,000 and $40,000 for the same dates. Kendrick noted that "The recent launch of Robinhood Chain demonstrated that Arbitrum could become the preferred choice when traditional financial firms move assets on-chain," adding that ARB is "significantly undervalued given its now-elevated revenue base and is poised for a structural re-rating."
Technical analysis shows ARB testing resistance near $0.155, with the 4-hour Bollinger Bands showing the token reaching the upper band near $0.1454. Price also moved above the indicator's middle line at $0.1382, while the lower band stood near $0.1310. The one-week CoinGlass heatmap shows the strongest nearby liquidation concentration around $0.154–$0.156, making that area the next major test. A close above $0.147 would expose the $0.150 psychological level, with further liquidity appearing between $0.158 and $0.160, followed by separate clusters near $0.166 and $0.170. On the downside, $0.138 is the first short-term level to watch, matching the 4-hour Bollinger midline. A loss of that level could return ARB to the $0.131–$0.133 support range. The daily RSI recovered to 58.82, but the MACD showed mixed momentum with the histogram at minus 0.0025, meaning the broader bullish impulse had not fully recovered despite the strong daily candle.
Robinhood Chain has become central to Standard Chartered's Arbitrum forecast after launching publicly on July 1, 2026. Under the Arbitrum Expansion Program, chains that settle outside Arbitrum One and Nova return 10% of net protocol revenue to the Arbitrum ecosystem. According to the Arbitrum Foundation, expansion-program fees represented 35% of DAO income during July after Robinhood launched. Standard Chartered estimated that Robinhood Chain generated average daily fee revenue of approximately $2.8 million during the first two weeks of September, expecting Arbitrum to receive roughly $5 million in AEP fees during September. Official Arbitrum figures show $360,000 in AEP license fees during July, Robinhood's first month on mainnet. However, there's a critical limitation - ARB holders currently have no direct claim on that revenue, something Kendrick himself listed among the risks to the call. As per CoinDesk, Robinhood Chain pays 10% of its net protocol revenue into the Arbitrum ecosystem, with 8% going to the DAO treasury and 2% to a developer fund, none of which flows directly to token holders currently. The recent growth has also come from a different crowd than traditional financial users, with memecoin launchpads and trading apps supplying much of the activity even though the network was built primarily around tokenized stocks.
Standard Chartered forecasts total onchain tokenized assets increasing from approximately $340 billion to $4 trillion by the end of 2028. For equities specifically, the bank expects the tokenized market to reach $750 billion by the end of 2028, representing an approximately 250-fold expansion from current levels. Independent data from RWA.xyz showed $2.85 billion of distributed tokenized stock value as of September 12, 2025, with 5,880 tracked assets. Using this figure, a $750 billion market would represent roughly 263 times the current distributed value. Robinhood accounted for approximately $145.6 million of the value tracked by RWA.xyz at that point. Kendrick's valuation case also rests on the expansion of tokenized assets, with the bank noting that tokenized assets will reach $4 trillion by end-2028, up from roughly $340 billion, driven by the DTCC's work on tokenized equities and pending U.S. rules, including the Clarity Act. The bank specifically noted that Arbitrum's fee multiple relative to market capitalization has room to converge toward levels seen among major layer-1 blockchains, suggesting significant growth potential that is not yet reflected in the current ARB token price.
Crypto analyst Michaël van de Poppe identified ARB's current area as support and said the setup could lead to a sharp move toward $0.185 if the token breaks out. The $0.185 target sits close to the upper part of ARB's early-September trading range, requiring a gain of roughly 27% from $0.1454 and a break above the liquidation clusters near $0.155 and $0.170. Altcoin Sherpa also identified the current area as support, attributing ARB's recent strength partly to Robinhood-related activity. However, the analyst said the size of any continuation remained uncertain. Both views depend on ARB holding its recent base, with a daily close below $0.131 weakening the recovery setup and placing breakout targets at risk. ARB's recent performance shows mixed signals, with the token gaining nearly 7% in the last 24 hours amid a dip in the broader cryptocurrency market, according to CoinDesk. However, year-to-date, ARB is down more than 27%, and over the trailing 12 months it has plunged over 70%. The $10 target set by Standard Chartered would require an approximately 70x increase from current levels, representing not a simple rebound but rather a forecast premised on a fundamental re-rating of ARB's market position and revenue structure.
