Guild Wars and Guild Wars 2 developers, ArenaNet, seem to be stepping away from the MMORPG genre for the moment as a job listing pointed to a more grounded experience in a fantasy setting. They are also stepping away from PC apparently.
ArenaNet is going to have two decades of existence under its belt in roughly three months. In those almost 20 years, the studio made only MMORPGs that were exclusive for PC. With the turn of the decade, it appears they are turning over a new leaf as well since their upcoming, and unannounced, game is a third-person action fantasy game for consoles.
There is quite a bit to unpack here so let's start with the unannounced project and what it means for Guild Wars 2 players. Namely, they have been asking for more content and were disappointed with what Icebrood Saga had to offer. Furthermore, at this point there are three Elder Dragons with whom the potential conflict still has to be resolved. ArenaNet focusing on the new title could potentially leave the game's progress stranded, especially since half the studio was already cut in 2019.
Considering that the new game is described as a "third-person action fantasy games" doesn't exclude the possibility of it being another MMO but also means it could be a singleplayer experience. In all honesty, as a Guild Wars fan since the mid 2000s, yours truly would be ridiculously happy with a well-crafted, narrative-focused experience that didn't have to be weighed down by the constraints of an online title. Then again, it still remains to be seen if this will be a Guild Wars game at all.
This unannounced title will be a console one though, which will most likely disappoint many Guild Wars fans since both the original and the sequel are PC games. There is no telling at this point whether ArenaNet's direction will change in the future but the wording on the certainly makes it sound like a console exclusive.
As the game has not even been announced yet, it is safe to assume the development is still in early stages which will mean this title will come to the next-gen consoles and is highly unlikely to ever land on PlayStation 4 and Xbox One.