As the fifth and final season of Stranger Things approaches, fan theories about character deaths are intensifying. The official trailer has fuelled speculation that major losses are inevitable, with several core characters appearing vulnerable.
Steve Harrington (Joe Keery) is considered a prime candidate for death. Once a minor antagonist, he has become a fan favourite, but his narrative arc appears complete. His minimal ties to the main plot and a poignant embrace with Dustin in the trailer suggest a farewell. His death would underscore that no one is safe.
Will Byers (Noah Schnapp) also faces high risk. His deep connection to the Upside Down, established since season 1, makes him central to the story. In the trailer, Vecna tells Will he will help him one last time, hinting that Will may be key to Vecna's strength—and his downfall. Sacrificing Will could be necessary to save Hawkins.
Eleven (Millie Bobby Brown) is another likely casualty. As the one who opened the gate to the Upside Down, her death could permanently destroy it. Similarly, Jonathan Byers (Charlie Heaton) is at risk, with a scene showing Nancy crying while washing blood from her hands, possibly his. Mike Wheeler (Finn Wolfhard) may also die, potentially fuelling Eleven's powers as in season 1.



