I am a little late posting about this update, as I don’t get much chance to actually sit in front of my computer since I am taking care of my toddler 24-7!
But here is Adobe on Premiere Pro 25.5.

90+ Modern realtime effects and transitions! This is so big as Premiere’s transitions have been sorely lacking for some time! In fact so few have been added in ages that this is just huge news! I hope adobe goes out and buys some more effects packages!

New Animation Tools is really more from the above,

Faster More Precise Editing! Live audio waveforms is another big one as this has been sorely lacking in Premiere and a speciality of DaVinci. Let’s just hope they have fixed all the bugs with waveforms disappearing as this has been a frustration for well over 10 years that they have never dealt with!
Listening to editors, improving every cut!
- Sequence color tabs provide visual indicators for better organization.
- Improvements to the Effect Controls panel make keyframing more predictable.
- New preferences for default fonts for text and captions.
- New keyboard commands to toggle track mute and solo based on targeting.
- Search for Adobe Stock media from the File menu.
- New support for 16-bit PNG images to support newer HDR finishing workflows that require high-bit-depth media.
- Improved data range and color metadata handling for DNxHR, DNxHD, and PNG.
Completely rewritten support for MKV.
All great and let’s hope it continues! I would love more focus on fixing problems and lesson new features overall. Let’s hope Adobe really is listening’