Mercedes Mone’s recent losses have raised questions about her trajectory in All Elite Wrestling. After failing to win the AEW Women’s World Title from Kris Statlander at Full Gear 2025, Mone’s frustration and anger became apparent, particularly when she lost her ROH Women’s World Television Championship to Red Velvet at ROH Final Battle.

Although Mone regained her winning form, retaining her TBS Title against Leila Grey and successfully defending three of her belts against Rhio, she suffered a significant upset when she lost the RevPro Women’s Championship to Alex Windsor in an open challenge on Collision: Holiday Bash.

Mone’s character arc is at a critical juncture, and several possible directions are emerging. One possibility is that she will team up with Athena to challenge for the AEW Women’s Tag Titles, currently held by Willow Nightingale and Harley Cameron. However, it is likely that they will fail to win, with Tony Khan potentially using this opportunity to legitimize The Babes of Wrath.

Another possibility is that Mone will lose her independent titles throughout 2026, exposing her insecurity over not being the AEW Women’s World Champion. This narrative could push her character further, as she grapples with the loss of her belt collection. Toni Storm and Kris Statlander have both argued that Mone’s belt collection is a way to hide her insecurity, and this could be a pivotal aspect of her character development.

A third direction is that Willow Nightingale could unseat Mone as TBS Champion at AEW Dynasty. With their rivalry rekindled, it would be fitting for Nightingale to be the one to dethrone Mone, potentially setting the stage for Mone to finally focus on winning the Women’s World Championship. As Mone approaches the 600-day milestone as TBS Champion, a title change could be on the horizon, marking a significant shift in her character’s trajectory.