Development advice for 1 month old plant

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I'm thinking of transplanting the plant to a larger pot. In the new pot, there will be a mixture of peat soil with mixed organic fertilizer, cocopeat peat with magnesium and calcium additives, worm castings and perlite. I will also add extra water-soluble 20.20.20 NPK fertilizer, which is concentrated in Nitrogen, Phosphorus and Potassium. I saw that the roots were hanging from the drainage holes in the current pot. I made the decision to transplant accordingly and the development of the plant is instantly as seen in the images. Do you think I should wait a little longer or start the transplant process?
 

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