Yes, the latest major update for the game is live, and it offers a lot of ways for players to contend with one another, most notably the Dragon and Tiger Tournament featuring a series of one-on-one duels in large arenas. You can also take part in the weekly battles between schools added with the School Rivalry system.
Not really up for contention? There's still plenty to access with the addition of the fourth Internal skill and a new set of skills exclusive to married couples. Get patched up and get ready to contend just as much as you'd like, as it seems Snail Games is indeed looking out for you.