It's an unconfirmed rumor no more.
https://www.spyrothedragon.com/
Only available on PS4 and XB1, but hopefully it's only a timed exclusive and it gets a Switch and PC release next year. This would be a perfect game for my niece.
It's cool that they got Spyro's voice actor, Tom Kenny, from Spyro 2 and 3 back. Not even the Crash Trilogy remake managed to bring back any of the voice cast from the original games.