Zendaya recently walked the red carpet clad in diamonds but it was the ring on the left hand that caught people's attention.

Zendaya was seen admiring her engagement ring from Tom Holland on stage at a screening of her film 'Challengers' at the Pacific Design Center in West Hollywood, Calif., on Monday, Jan. 6, in a video posted on X (formerly Twitter).

After months (actually, years) of speculation, Spider-Man stars Zendaya and Tom Holland confirmed they were dating when they were spotted kissing in a car. Before that, you'd be forgiven for not knowing the answer to 'Are Tom Holland and Zendaya dating?'

It appears to be a 5.02ct East-West Cushion Diamond Button Back Ring (though Zendaya's could have been customized). The ring on the brand's website displays a 5.02ct cushion diamond set on a 18k white and yellow gold band. Reps for Zendaya and Holland have not responded to PEOPLE's request for comment.

Zendaya and Tom Holland have reportedly taken their long-term relationship to the next level by getting engaged—with reports emerging that the 28-year-old actor popped the question to his partner in an at-home proposal over the holidays.

So far, Zendaya and Tom Holland have remained quiet about their engagement. She appeared at the Golden Globes with a big rock on her ring finger, and that’s all that needed to be said. Or at least, that’s how the happy couple is approaching it.

From the cost of the ring, to potential wedding dates, here's everything we already know about Zendaya & Tom Holland's big day!