Disney Animation's "Frozen' had been one of the company's most successful films, becoming their third-highest grossing movie as it raked in $1.274 billion in 2013 and smashed numerous records.
The well-loved animated film also introduced viewers to new characters, such as sisters Anna (Kristen Bell) and Elsa (Idina Menzel), as well as their mascot snowman Olaf, voiced by Josh Gad.
Fans of the film were able to get another glimpse of their favorite characters in the short "Frozen Fever' shown before "Cinderella' was released earlier this year. During this time, Disney also announced a sequel, initially titled "Frozen 2.'
In an interview with entertainment news site ComingSoon at the junket for Sony's upcoming action-comedy movie "Pixels,' Gad also opened up about the current progress for the "Frozen' sequel.
"It's already been announced and I know that they're actively developing it. I think it's still a bit away. I think that the creative team is really taking their time to define how to top that story. The more I hear about it, the more excited I'm getting and I think it's going to be wonderful," the actor shared.
There have been scarce details about the "Frozen' sequel, but it is expected that film directors Chris Buck and Jennifer Lee have already come up with an ending for the story.
Various plot details have also gone viral over the past months, although no announcements from the studio or any of the "Frozen' team have been made.
There are rumors that "Frozen 2' will place more emphasis on the love story between Kristoff and Anna, who could be exchanging wedding vows in the sequel.
Speculations have also claimed that Ice Queen of Arendelle will finally cross paths with a potential love interest. It has been rumored that Olaf could even be a romantic match for Elsa, which could be brought on by the possibility that the snowman transforms himself into a charming human and becomes ideal for the queen.
The sequel could also introduce a new villain, as pointed out by Movie News Guide. He or she may be as powerful as Elsa but will face the ice queen with fiery power.
All these rumors will surely get Frozen fans excited, but they remain just speculation at this stage, and there's still not formal word out about the sequel yet.
It has been confirmed that Gad, Bell and Menzel will lend their voices once again for the "Frozen' sequel. Aside from these actors, fans will still have to wait for official casting and plot details.