What would it take for XRP to reach $1000?

I'm really curious about the potential of XRP. Could you tell me, what would it take for this cryptocurrency to reach the remarkable milestone of $1000 per coin? I've noticed its steady growth in recent months, but is there a specific catalyst or set of factors that could propel it to such heights? Is it a matter of time, or could it be triggered by a particular event or development in the crypto or financial world? And, ultimately, is it even possible for XRP to reach this level, given the current market dynamics and competition?