Create a breathtaking digital artwork featuring a majestic dragon in a fantastical landscape. The dragon should be the centerpiece of the composition, exuding an aura of ancient power and wisdom. It should be rendered in hyperrealistic detail, with every scale, wing membrane, and eye meticulously portrayed. The dragon's posture should convey a sense of grandeur and strength, as if it's about to take flight or guarding a hidden treasure.

Surround the dragon with a rich and immersive environment that complements its presence. The landscape should be otherworldly, with towering mountains, cascading waterfalls, and lush, vibrant vegetation. The sky should be filled with dramatic, swirling clouds and a soft, ethereal light that highlights the dragon's features.

The overall scene should be rendered in stunning 8K resolution, with an emphasis on capturing the intricate details of the dragon's anatomy and the lushness of the environment. The color palette should be a harmonious blend of earthy tones, deep blues, and fiery reds, creating a sense of awe and wonder.

This digital masterpiece should transport viewers to a realm of fantasy and wonder, where the mythical dragon reigns supreme. It should be a tribute to the timeless allure of these legendary creatures, appealing to both fans of fantasy and admirers of fine art.