Can Ethereum reach $10k?

Is it realistic to think that Ethereum, the popular decentralized platform that supports smart contracts and decentralized applications, could potentially reach a valuation of $10,000 per token? What factors would need to align for such a significant increase in value to occur? How would the growth of DeFi, NFTs, and other emerging trends in the crypto space impact Ethereum's potential to surpass this milestone? And what potential challenges or obstacles could stand in the way of Ethereum achieving such a lofty price target?