RWA ๐ Global & Macro: No major macro headlines this hour; focus remains on institutional crypto forecasts and security incidents.
๐ฆ RWA & Institutional: Standard Chartered predicts Arbitrum’s ARB token could reach $10 by 2030, with monthly revenue climbing to $5M as network activity grows. This institutional forecast highlights growing confidence in layer-2 ecosystems.
โก Crypto & Markets: Midnight is preparing to enable smart contract deployment on its mainnet, a key step for developer activity. Meanwhile, an attack cluster stole $1.54M in FET and $452K in NTX from the Fetch AI token converter, totaling ~$2.01M, underscoring persistent security risks.
๐ก Key Takeaway: Institutional adoption narratives (ARB) contrast with ongoing DeFi exploits (Fetch AI), reminding investors that infrastructure growth and security threats coexist in crypto.