Will Ethereum reach $10 000?

Could you possibly elucidate on the potential of Ethereum attaining a value of $10,000? I'm genuinely curious about the factors that might contribute to such a significant surge in its market capitalization. Is it merely a speculative bubble, or are there solid underpinnings that justify such an optimistic forecast? Given its role in the blockchain ecosystem and the expanding demand for decentralized finance solutions, do experts believe that Ethereum has the potential to achieve this milestone? Furthermore, what are the potential risks and challenges that could hinder its path to this lofty price point? I'm eager to understand the intricacies of this prediction and the reasons behind it.