When will the new wallet be released? Will it completely replace the old one or can they exist together?
New version of Vsync wallet will be released soon, might be next week.
Vsync devs announce in official twitter channel
"We are actively working on patching @iquidus open source explorer to accommodate Vsync new wallet. We have to re-code some part of it. It will take some time & testing to ensure everything works as intended."
Keep calm and stay tuned for news.