Not much is known about this release more than that it will probably feature a ZFS tech refresh, fully integrate OCM and live upgrade enhancements. It could possibly also support the new T5 processors since they might be quite similar to the current T4 processors except for the doubling of cores.
I have also seen fragments of information indicating that Oracle was running Solaris 11 Update 1 on SPARC T5-8 machines as early as March.