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Can a Raspberry Pi 5 with 8 GB of RAM handle my needs?

I recently bought a domain from Porkbun (thanks to all of the comments on this post!) and I want to self-host some services myself. I currently have a Raspberry Pi 3 Model B+ and I'm not quite sure if it can handle these things:

  • A matrix homeserver
  • A lemmy instance
  • A website with static HTML pages
  • Privacy-respecting frontends (Piped, Redlib etc.)

I am thinking about getting a maxed-out Raspberry Pi 5 with a whole 8 Gigabytes of RAM. Is it worth it? I need a machine that is quiet, doesn't draw that much power and is overall pretty good for the money.

Edit: I bought this Mini PC instead of the Raspberry Pi 5. Thanks to all the comments!!

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