Opera has announced that it is set to release the first edition of Opera 10, codenamed Peregrine, the browser is alleged to offer an assortment of new features, including compression technology that is said to be 40% faster than it’s predecessor (Opera 9.6).

Opera 10 has also got a new tab design, “we introduce a resizable tab bar. Drag the handle underneath the tabs to reveal thumbnails of your open Web pages.” They even got world-renowned designer John Hicks to create a whole new design for the browser.

Other new features include:

• Customizable speed dial
• Web integration
• Opera Mail
• Inline spell check
• Auto Update
• Auto Crash reporting
• Dragonfly updated

You can find more info and download the beta here