Can XLM reach $1?

Could you please provide your insights on the possibility of XLM reaching the price point of $1? Given its current market position, what factors would contribute to such an increase? Are there any significant developments or announcements from the Stellar Lumens team that could potentially drive its price upward? Additionally, how do you assess the overall sentiment of the cryptocurrency market towards XLM and its potential for future growth? Your expert opinion would be greatly appreciated.