Can the new 128gb MicroSD record the higher quality recordings of the GoPro HERO 3+ Black?

Does the new 128gb MicroSDXC have the recording capabilities to support the GoPro HERO 3+ Black’s 4k, 2.7k, or Protune video mode recording speeds?

A micro SD card, regardless of size is simply a storage medium. You can copy to and store anything you want on it. Given that it is a Class 10 card, which is the fastest write speed out there it should fit your needs.