The update was a long time coming, but it's finally here. Dropbox has released version 143.4.4161 of its app to support the Apple Silicon platform, which is the basis of the M1, M1 Pro, and M1 Max chips. The company says its users don't have to do anything from their end. The update will arrive automatically to their apps.
When an app runs natively on Apple Silicon, it allows them to take full advantage of the M1 chip and its variants. If you're a MacBook user, it uses less power, resulting in longer battery life for your laptops.