Microsoft made the announcement on Twitter and in a blog post this morning: Players will also be able to pay for the next-gen console in 24 monthly installments through an Xbox All Access subscription, which will also grant you access to 24 months of Xbox Game Pass Ultimate (now including EA Play) for $34.99 a month. First unveiled during the 2019 Game Awards, the Xbox Series X is touted as Microsoft’s most powerful console to date. While the first thing you’ll notice about the console is its shape, which is unlike any Xbox hardware before it, there’s a lot going on inside the machine to excite players. According to Microsoft, the Xbox Series X will be able to deliver true 4K gaming and will also be 8K ready for games that are compatible with that resolution in the future. The 12 teraflops of AMD GPU power will also allow players to game at up to 120 fps for some titles. Right now, games that are “Optimized for Series X” — like Assassin’s Creed Valhalla — will be to “deliver higher, steadier framerates, with a performance target of 60 frames per second at 4K resolution.” DiRT 5 will even be able to hit 120 fps at launch. Overall, “Optimized for Series X” games will “showcase anything from virtually eliminating load times via the Xbox Velocity Architecture, heightened visuals and hardware-accelerated DirectX ray tracing powered by our custom, next-generation GPU, to steadier and often higher framerates up to 120 fps.” If you haven’t seen them already, here’s a breakdown of the major Xbox Series X specs you need to know about: In our analysis of both consoles’ specs, we determined that the Xbox Series X is slightly more powerful than the PS5. But when it comes to the battle of aesthetics, we dare say that PS5 is the more eye-pleasing next-gen console. This will surely be a debate fans on both sides will have for the coming months. If it’s the games you’re interested in, the Xbox Series X has an interesting lineup of exclusives thus far. Currently, the roster includes Halo Infinite and Senua’s Saga: Hellblade II. We have a full list of the confirmed games coming to Xbox Series X. If you’re looking for a more budget next-gen option, Microsoft also announced the disc-less Xbox Series S, which will be priced at $299. Read more about this console here. We also broke down the big differences between the two consoles if you want to know the big ways each console stands out. We’ll keep you updated as we learn more about Microsoft’s next-gen console.