Yes. And it will evolve into a fairly benign endemic virus just like its cousin: the common cold coronavirus.
The viral evolutionary definition of benign is "does not kill the host or harm the host in such a way as to greatly reduce its ability to spread the virus."
Making the host brutally ill and totally non-functional for weeks is generally fine. Causing harm to the host that reduces its vitality or life span in the long term is fine. Polio met these criteria. It did not usually kill its host.
Benign is only one evolutionary path though. Another evolutionary path for a virus is to boost the R factor so high that it can burn through its hosts and still find more hosts, especially if there are say... seven to eight billion hosts. Smallpox was more like this. A more contagious form of Ebola could be like this.