Will Ethereum be able to do it?
not a chance.
even if we ignore all the problems that Ethereum has such as scaling and the fact that all transactions are stuck and cost of sending a transaction is increasing by the minute, we are still left with the biggest flaw that will prevent the rise to anywhere near bitcoin.
and that flaw is its huge supply plus the fact that it has no cap. until eternity there will be new ETH issued and fill the market to increase the supply to no end. it is a simply supply and demand relationship.