It's interesting that no woman has ever been #1 twice since they started the list.
Toni might not even be in the top 10 next year cause the only title she will win is probably the tag team one with Mina and tag team competition doesn't count for the Women's 250.
Mercedes has lost only one match for the 2025 evaluation period and she will surely lose to Kris next week, if she starts dropping her belts in 2026 it's gonna hurt her win-loss record which is one one of the most important criteria in the making of the list.
In the future I could see Rhea, Mercedes (the year she's gonna win the AEW World Title), Toni (she's only 30 years old), Bianca winning it a second time, not so much the other previous winners who are still active (Becky, Bayley, Syuri, Asuka, Charlotte).
The first one to do it might also be someone who hasn't been #1 yet (Stephanie Vaquer, Saya Kamitani, Blake Monroe, Tiffany Stratton, Willow Nightingale, Kris Statlander...)