Ju Wenjun holds the strongest position in this six-player double round-robin as the reigning five-time Women’s World Champion with the highest classical rating near 2560 entering the May 25–June 5 event. Her consistent elite results and experience at Norway Chess, where she won the inaugural 2024 edition, underpin trader consensus around 36 percent implied probability. Zhu Jiner’s rapid climb to world No. 2 after capturing the 2024–25 Women’s Grand Prix fuels her 20 percent share, while Bibisara Assaubayeva’s recent blitz title, 2500-plus rating breakthrough, and strong Candidates performances support her 19 percent. Defending champion Anna Muzychuk, alongside veteran Humpy Koneru and rising Divya Deshmukh with fresh rating gains to the top 10, create a tightly bunched field where recent form and head-to-head history will shape outcomes.