Standard Chartered initiates coverage of Arbitrum with $10 target for 2030, citing Robinhood Chain; ARB jumps 27.6% to $0.2215

Standard Chartered initiated coverage on Arbitrum with a $10 target for 2030, with the thesis tied to Robinhood Chain, which the bank says took Arbitrum's monthly revenue run-rate to $5M, 5x its pre-launch level. ARB jumped 27.6% to $0.2215, up 56% on the week and 165% on the month.

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