4 Convincing Theories About What Might Happen in Squid Game Season 3

4 Convincing Theories About What Might Happen in Squid Game Season 3
Image credit: Netflix

Will Gi-hun be the new Front Man? And who else can join the rebellious players?

Season 2 of Squid Game ended on a cliffhanger. The premiere of the final season 3 is not far away – June 27, 2025. While series creator Hwang Dong-hyuk promises that Season 3 will focus on Gi-hun's guilt, fans are speculating what will happen to their favorite character next and how he will cope with it.

1. Gi-hun Will Become New Front Man

In Season 2, Ki-hoon had already partially abandoned morality when he decided that it was acceptable to sacrifice a few lives now in order to save many lives later.

At some point in Season 3, he may decide that becoming a host will change the rules of the game for the better. Or he may become completely disillusioned with humans, believing that they deserve an unenviable fate in the Games.

2. Player 246 Is Alive – He Was Rescued by Kang No-eul

Kang No-eul is soldier number 011 in the games. At the beginning of Squid Game Season 2, No-eul meets a little girl with cancer, the daughter of Park Gyeong-seok, who later becomes player 246, and sympathizes with her.

Gyeong-seok has an ally among the soldiers, even if he does not know it. At least that's what fans think, who believe that No-eul shot Gyeong-seok in the finale, but left him alive on purpose.

3. Kang No-eul Will Join Rebellious Players

No-eul's story is one of the main ones in Squid Game Season 2. She clashes with other soldiers and her superiors, refusing to follow orders and helping criminals who profit from smuggling the organs of the dead.

If anyone can try to destroy the Games from within, it's her. No-eul's daughter is probably dead, so she has little to lose. Besides, she has information about the Games that Gi-hun and his teammates don't have.

4. Gi-hun Will Defeat the Front Man, but the Games Will Still Go On

Let's say Gi-hun succeeds in his plan and stops the games in Korea. But what if it turns out that his success is nothing compared to the same games that exist all over the world?

This twist fits perfectly into Squid Game's critique of capitalism as a pervasive, ruthless, and inhumane system.