Can XRP hit 100$?

Could you possibly enlighten me on the prospects of XRP reaching a remarkable value of 100 dollars? Given the volatile nature of the cryptocurrency market and the diverse factors that influence its fluctuations, I'm keen to understand if there's any basis for such an optimistic prediction. Could you perhaps provide insights into the fundamental strengths of XRP, the potential use cases that could drive its demand, and the market trends that might favor its upward trajectory? Additionally, would you mind sharing your thoughts on the challenges it might face and how these could potentially impact its price? Your expertise in the field of cryptocurrency and finance would be greatly appreciated in helping me navigate this intricate topic.