I'm not a developer, but I can tell you what will happen at level 56, (from what the devs have officially told us).

  • If your level 55 with 50k exp, your exp will be divided by 10. You will only have 5k exp after the cap rise.
  • Level 56 will only require 8.7k exp to reach level 57.
  • Elite Quests will go away
  • Level 61 Elite Quests will be added
  • Players holding the Crown of Persistence will get to keep their helmets, making them rare discontinued items.