Virginia elected all its legislators on November 7, 2023. Democrats kept majority control of the Senate and took control of the House. This might make it possible for a bill to pass next year, easing the strict definition of a qualified party. Existing law defines a qualified party as one that polled at least 10% for a statewide race in either of the last two elections.
Virginia, Pennsylvania, and New Jersey are the only states that have not had a qualified third party since before 1998 (and in Georgia, there have been ballot-qualified third parties that were only on the ballot for statewide office, not district office).
In the recent past, Virginia Democratic legislators have sponsored bills to ease the Virginia definition of a party, but those bills have not passed due to Republican opposition.