Can arbitrum reach $10?

Could you please elaborate on the prospects of Arbitrum potentially reaching a value of $10? Given its current market position, technological advancements, and the overall crypto landscape, do you believe it's a realistic target? What factors would influence its price movement towards this milestone? Also, could you discuss any potential risks or challenges that could hinder its ability to achieve such a valuation? Would investors be advised to consider Arbitrum as a viable long-term investment option based on its current trajectory?