Upcoming features

1.3.2

 * Cenx posted a gif on Twitter of a Bunny wearing a Party Hat.
 * Cenx posted an mp4 on Twitter showing off the new Chest Sorting function.
 * Cenx posted a gif on Twitter showing off the new Tree Animations when growing in addition to a Pedguin outfit.
 * Cenx made a forum post talking about 1.3.2 and 1.3.3, as well as a gif showing 1.3.2 features.

1.3.3

 * Cenx announced on Twitter that 1.3.2 would be broken into two updates; 1.3.2 and 1.3.3.
 * 1.3.3 will focus on the Underground Desert.

Terraria Series
Following the release of the Terraria 1.3 update, lead developer Redigit has moved on to working on another project, though developers Yoraiz0r and Skiphs plan to continue updating Terraria into the future.

Redigit has also stated that he plans to later release Terraria 2, a separate game from Terraria: Otherworld, although little information is known about the nature or content in the upcoming sequel,