Can arbitrum reach 20 dollars?

Is it realistic to expect Arbitrum, a popular Layer 2 scaling solution for Ethereum, to reach a price of $20 in the near future? What factors would contribute to such a significant price increase? Are there any potential barriers or challenges that could hinder Arbitrum's growth and limit its potential value? Additionally, what should investors consider when evaluating the prospects of Arbitrum and other Layer 2 solutions in the cryptocurrency market?