Arbitrum jumped as much as 14% on Sept. 15 after Standard Chartered initiated coverage of ARB with a $10 price target for the end of 2030, tying the forecast to new fee revenue from Robinhood's blockchain. The rally now runs into a liquidation-heavy resistance band near $0.154–$0.156 that will decide whether it extends.
Arbitrum climbed 8.75% on the daily chart to $0.1454 on Sept. 15, after opening at $0.1337 and touching an intraday high of $0.1468. The move followed a $10 price target for the end of 2030 from Geoff Kendrick, Standard Chartered's global head of digital assets research. Crypto News Flash put the same-day move closer to 14%, with ARB trading near $0.1548 as the note kept circulating.
Robinhood Chain now pays Arbitrum real fees
Kendrick argues Arbitrum has moved from a network waiting for a use case to an infrastructure provider now earning real fees from the Robinhood Chain, built on Arbitrum's Orbit stack and paying a share of its revenue back to the network. Robinhood Chain paid roughly $360,000 in licensing fees in July, about 35% of the Arbitrum DAO's revenue that month. Its daily fees peaked at $4.45 million on Sept. 2. As a result, Kendrick estimates Arbitrum's monthly revenue run rate reaches about $5 million in September, more than five times its level before Robinhood Chain launched.
Tokenization is the thesis behind the later targets
Standard Chartered set year-end targets of $0.50 for 2026, $1.50 for 2027, $3.50 for 2028, $6.50 for 2029, and $10 for 2030. The bank expects the tokenized-assets market to expand from about $340 billion to $4 trillion by the end of 2028, the tokenization demand that the later targets depend on. Kendrick contrasts Arbitrum with Coinbase's Base, a similar network that has no token, arguing ARB deserves a re-rating toward Layer-1 peers. But ARB is a governance token, and fees flow to the Arbitrum DAO treasury rather than to ARB holders, a risk Standard Chartered flags itself.
Resistance and risk levels ahead
On the charts, Arbitrum's daily RSI recovered to 58.82, above neutral but below overbought. The MACD histogram stayed negative, suggesting broader momentum had not fully recovered. CoinGlass data showed the largest nearby liquidation cluster sitting between $0.154 and $0.156, the next test for buyers. According to crypto.news, analyst Michaël van de Poppe said "we're holding the first level of support for $ARB" and sees a breakout toward $0.185 if support holds. Crypto News Flash also noted ARB faces a token unlock this month that adds fresh supply just as the rally tries to hold.
A daily close below $0.131 would weaken the recovery setup and place the breakout targets at risk.
Sources: crypto.news, Crypto News Flash
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