Forget “Teenage Dream” — since Orlando Bloom and Katy Perry started dating back in January, they’ve been a tabloid media one! (To be fair, that steamy Italian holiday — complete with nude pictures — probbbbabbblyyyyy didn’t help matters any.)

katy and orlando

Despite exciting reports that Katy has written a ton of new music (with a bunch of songs allegedly throwing shade at Taylor Swift) and about Orlando’s recent trip to Tokyo for a cool British Airways event, there’s only one thing anyone can talk about re: these two, and it’s whether or not Katy will be taking a cue from ex Russell Brand and making a trip down the aisle anytime soon.

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That’s the million-dollar question. According to People, a source close to Orlando revealed that the couple is “not engaged yet, but seem to be heading that way.” And that’s not all! “He would love to settle down with Katy and have more kids,” the source added. “He hasn’t been this serious about a girl since Miranda.”

Meanwhile, others are turning to photos of Orlando snapped in Tokyo for proof that Katy will soon be wearing a ring on her finger. The paparazzi pics show the 39-year-old looking absolutely glowing as he exits a shop, with a huge smile plastered across his face. While this could defs be the look of someone who’s smitten and in love, it could also just be someone who’s having an amazing holiday — he is in Tokyo, after all!

Katy’s friends told the same mag that, regardless of ring status, it will likely be a while before she says “I do.” “She’s not going to make a huge committment like marriage again unless she thinks it’s absolutely right,” the source said.

Guess we’ll play it safe and wait for some more clues before making any solid guesses for now… We will, however, keep all of our fingers crossed for a Tamagotchi engagement ring!

Do you think these two will go the distance? Tweet us @BritandCo.

(h/t Popsugar, photo via Kevin Mazur + Dimitrios Kambouris/Getty)