with the release of a sneak peek by DR Studios at the revamp of the UI there doing, I caught a glance at a gosh darn graphics setting screen and this at the very least tell me that a dedicated / specifically optimized version of terraria will make it's way to the PS5 and Series X/S. But to be clear I'm just spit balling speculations here as I have not seen any news about new current gen ports being a thing. we could still just have one version or the game that is forwards compatible.