Thor's Hammer was named after the superhero, Thor. More so though, for his hammer. Thor's Hammer is located in the Navajo trail along the famous Wall Street. This giant hammer won't stand forever, sadly. Eventually, it will come crashing to the ground because of erosion caused by wind, rain, and gravity. There are many other hoodoos that resemble Thor's Hammer, but none are as magnificent and majestic as Thor's Hammer.