The most recent chapters of Chainsaw Man have placed Denji in a critical situation. Launched into the air by the Falling Demon, the protagonist ignored Asa's warnings and decided to act on his own. According to spoilers and theories circulating among fans, this sequence could mark a drastic turning point in the narrative.
Tatsuki Fujimoto, known for his unpredictable decisions, has not spared central characters. Now, everything indicates that Denji himself may undergo a profound transformation or face an even more extreme fate.

Fujimoto's unpredictability continues to shape the course of history
From the very beginning of the story, the author made it clear that no character is safe. Dying in Chainsaw Man is as common as surviving through narrative stubbornness. Himeno, Power, and Aki were eliminated in moments of great tension, reinforcing the cruel logic of the universe built by Fujimoto.
With Denji facing one of the most powerful entities of the new phase alone, the risk of narrative collapse intensifies. Recent spoilers suggest that the emotional impact of the next sequence will be significant, especially if the current scene is not just another false threat.
Theories point to transformation, demonic possession, or sacrifice
Among the most popular speculations is the possibility of Denji becoming a weapon controlled by Yoru, resuming the plan seen in chapter 117. On that occasion, she tried to transform him into the "Chainsaw Spiral Cord Sword," without success. Now, with Denji weakened and vulnerable, fans believe that Yoru may finally complete the ritual.
Another theory suggests that, should Denji die, Pochita could regain control and transform him into a Fiend, creating a new monstrous identity for the character. This would keep Denji in the story, but radically alter his role in the plot, something consistent with Fujimoto's standards.

Denji could be reborn as an antagonist or lose his humanity
The idea that Denji could return as an enemy, or even as a being without self-awareness, opens up a completely new dynamic. Asa, who is currently trying to protect him, could be forced to confront him if he loses control. This would place the two protagonists on opposite sides of an inevitable conflict.
Furthermore, the symbolism behind this potential transformation would be powerful. Denji represents the human desire for simple things: love, food, shelter. Losing these would be a brutal critique of the cycle of exploitation the character has lived through since the beginning of the story.

Spoilers for Chainsaw Man suggest that the next chapter could change everything
While spoilers circulating for the next chapter of Chainsaw Man haven't been officially confirmed, many point to a shocking ending involving Denji. If Fujimoto chooses to push him to the limit, whether through death, a demonic fusion, or a new form of sacrifice, the impacts will be profound not only for the protagonist but for the entire current storyline.
Tatsuki Fujimoto has already shown that he's not afraid to take risks. In a manga where the only constant is surprise, current spoilers indicate that we're on the verge of another brutal change. It remains to be seen whether Denji will narrowly escape or if we're witnessing the beginning of a new, darker, more violent, and even more unpredictable cycle.

