Hellpoint, the Soulslike action-RPG from developer Cradle Games, will receive a native release on the PlayStation 5 and Xbox Series X|S sometime in 2021. Those who own a current-gen copy of the game will get to take advantage of a free next-gen upgrade.
Publisher tinyBuild Games announced the news this morning, along with details about how exactly Hellpoint benefits from next-gen hardware. Most notably, players can expect much faster loading speeds, higher resolutions, improved frame rates, and two different visual modes, both of which are described as follows (courtesy of Gematsu):

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