Crysis Next is described as:
"A free to play battle-royale game where 100s of players collide in fast paced combat. Visual customization, adaptive nanosuit powers, and visually spectacular combat in an immersive world creates the ultimate live streaming experience. The Crysis franchise has all the features to make a battle royale stand out. The gameplay. The style and setting. High production value."
In September, Crytek renewed the Crysis Wars trademark. And in early 2019, they teamed up with SpacialOS for a AAA game using their large scale server technology.
There was an alleged leaker two months ago who said, regarding Crytek and singleplayer titles:
No, production cost vs sales is not adding up. most sp these days are platform sellers (paid to sell hardware boxes) see ryse etc. some exceptions. Also EA back then build up Batllefield instead of Crysis as a modern shooter with campaign.
Now you simply cant make SP because the studio lacks writters, animators, mockap experts etc,
This doesn't rule out Crytek making SP games, especially since their VR team makes stuff like The Climb 2 which is SP. But it does mean they're inclined towards MP titles in the FPS space. Probably the only way Ryse 2 would happen would be if someone external was funding it, I think. And we have known about a cancelled Ryse sequel from back in the day which fell apart due to licensing disagreements with MS. It's just unclear if Ryse Next is that cancelled sequel or something else.
Also, regarding VR.
"There was a crysis wars VR prototype we build when we got the first headsets from occulus. We got violently sick."
It's possible that this is what the Crysis VR project in the leaks is referring to.