Katy Perry and Orlando Bloom may have only rekindled their romance recently, but it looks like things are really getting serious.

Speaking to People, a source close to the pair revealed that the actor is considering proposing to the the pop star.

"Orlando doesn’t have a ring yet but has been talking about the future. Everyone would be excited if they got engaged. Katy is wonderful," they shared.

The timing would make sense: Perry and Bloom have been dating on and off for the past two years, and just last week, they took their romance to a new level by making their red carpet debut together as a couple at the Gala for the Global Ocean at the Opera of Monte-Carlo in Monaco.

As for what has kept their on-again, off-again love alive since they were first linked in 2016? Privacy is key, a source told Entertainment Tonight.

"It truly was the best decision they ever made because it reminded them how much they love each other. Keeping their relationship a secret while they worked on their love for one another has completely turned things around for them."

And the best part? Bloom's mom apparently "loves" Perry!

That said, a ring can't be too far in the future.

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