They can get better but it's a battle if you want a high enough frame rate and resolution.
I used to think 360 and PS3 graphics were mind-blowing (I grew up with a GameCube and Wii mostly) but a lot of them look like garbage compared to Series X, PS5, and Gaming PCs.
To my eyes, Xbox One and PS4 are clear improvements over their predecessors. Series X (don't have one, but I know it looks similar to PS5 in performance) and PS5? It's mainly load speeds and more 60 FPS and dynamic resolution support. I don't think I've even seen one PS5 game that looks that much better than the best-looking PS4 games running on a PS4 Pro.
Lifetime Sales Predictions
Switch: 161 million (was 73 million, then 96 million, then 113 million, then 125 million, then 144 million, then 151 million, then 156 million)
PS5: 115 million (was 105 million) Xbox Series S/X: 48 million (was 60 million, then 67 million, then 57 million)
PS4: 120 mil (was 100 then 130 million, then 122 million) Xbox One: 51 mil (was 50 then 55 mil)
3DS: 75.5 mil (was 73, then 77 million)
"Let go your earthly tether, enter the void, empty and become wind." - Guru Laghima