Standard Chartered analyst Geoff Kendrick has forecasted Arbitrum token price reaching $10 by 2030, calling it a prime example of a blockchain for traditional financial institutions.
Source
"Standard Chartered Sees $10 Arbitrum Target" — The Defiant
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Defiant. Read the full original report at the link above.
This projection is based on the 10% transaction fee that Arbitrum charges for chains built on its platform, which was demonstrated by Robinhood Chain's integration in July.
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