I installed the newer waterfox alongside your existing waterfox classic. You can try it, but it's possible that it will be a one-way thing, i.e., some extensions such as look-and-feel may permanently change and there will be no turning back. Up to you. https://www.reddit.com/r/waterfox/comments/ett2nj/difference_between_waterfox_current_and_waterfox/