Standard Chartered says Arbitrum could outperform Bitcoin, Ether through 2030

Standard Chartered says layer-2 network Arbitrum could emerge as one of the digital asset industry’s top performers through 2030 as traditional financial firms move more assets onchain, giving the network a potentially lucrative revenue source beyond crypto-native activity.In a note shared with Cointelegraph, Geoff Kendrick, Standard Chartered’s global head of digital assets research, said Arbitrum’s economics offer considerable upside because the network receives 10% of the net protocol revenue generated by companies building on it. Robinhood Chain, developed by the online brokerage, is the first major example.According to Kendrick, Robinhood Chain has already materially changed Arbitrum’s economics. At its current run rate, Arbitrum is expected to generate $5 million in revenue in September, more than five times its level before Robinhood Chain launched in July.Kendrick expects those economics to support a steady rise in Arbitrum’s native ARB token over the coming years, reaching as high as $10 by 2030. From current levels, that would represent a roughly 70-fold increase, far exceeding Standard Chartered’s projected returns for Bitcoin (BTC) and Ether (ETH) over the same period.A...