Stranger Things 5 Vol. 1 Ending Explained

The ending of Stranger Things Season 5, Volume 1 delivers a shocking cliffhanger that leaves fans questioning the fate of several characters and the deeper intentions behind the season’s final twist. As the battle against the Upside Down escalates, alliances shift and unexpected sacrifices raise the stakes higher than ever. The finale hints that a long-teased mystery—connected to Hawkins, Vecna’s plan, and the fabric of the Upside Down itself—is finally coming to the surface. With major reveals left deliberately ambiguous, the conclusion sets up an intense showdown for Volume 2, leaving viewers eager for answers about who survives and what comes next.(Source)