The latest update for "Palworld," known as the Sakurajima update, was released on June 27, 2024. This major update introduces a variety of new content and features:

1. New Island - Sakurajima: The update adds a new island with Japanese-inspired architecture and cherry blossoms, expanding the game's explorable area.

2. New Pals: Several new creatures have been introduced, including unique subspecies of existing Pals, adding more variety to the roster.

3. New Level Cap: The maximum level for characters has been increased, allowing for further progression and stronger abilities.

4. New PvP Arena: A three-on-three PvP arena mode has been added, providing a new competitive multiplayer experience.

5. New Raid and Boss: A new raid and a powerful new boss, along with a new faction to challenge, have been introduced.

6. New Buildings and Crafting Stations: Additional structures and crafting options are available, enhancing the game's base-building and resource management aspects.

7. Oil Rig Stronghold: A new stronghold set on an oil rig has been added, offering new challenges and strategic opportunities.

8. Dedicated Servers for Xbox: Xbox players now have access to dedicated servers, improving multiplayer performance and stability.

These updates bring significant new content and gameplay improvements, enriching the overall experience of "Palworld"​ (Steam Store)​​ (Rock Paper Shotgun)​​ (pcgamer)​.