Standard Chartered predicts Arbitrum’s ARB to rise 70-fold to $10, citing Robinhood Chain revenue

There is a catch. ARB holders currently have no direct claim on that revenue, something Kendrick himself listed among the risks to the call. CoinDesk reported earlier this month that 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 flows directly to token holders currently.

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Robinhood Chain’s early growth has also come from a somewhat different crowd than the traditional-financial users behind Kendrick’s longer-term thesis. Memecoin launchpads and trading apps have supplied much of its activity even though the network was built primarily around tokenized stocks and other traditional assets.

Robinhood Chain paid about $360,000 in licensing fees in July, accounting for 35% of Arbitrum DAO income that month. The chain was generating $3.75 million in user fees by Sept. 1 and sending roughly $370,000 to Arbitrum over 24 hours.

Kendrick expects $4 trillion of traditional assets to be tokenized by the end of 2028 and sees Arbitrum capturing a growing share of the infrastructure behind them. He forecasts ARB at 50 cents by year-end, $1.50 in 2027, $3.50 in 2028, $6.50 in 2029 and $10 in 2030.