Warning: contains spoilers for My Hero Academia chapter 362 and My Hero Academia: Heroes Rising!
A very specific design choice in the latest chapter of My Hero Academia may be implying that the series' second movie, My Hero Academia: Heroes Rising, has secretly been canonical all along.
While film adaptations of manga and anime series are often considered non-canonical to the original story, this trend has begun to change in recent years, most prominently with Demon Slayer: Infinity Train arc and Dragon Ball Super: Broly being announced as canon. Nevertheless, fans accepted Heroes: Rising was non-canon mostly because the film's climax revolves around something that was thought to be impossible: Deku passes off One For All to Bakugo, only to see it returned to him after the villain's defeat. An interesting idea to explore, certainly, but it seemed the sort of thing that was far too important not to have come up in the manga if it was canon.
Related: My Hero Academia Just Hinted At Its Most Important Character Death Ever
In chapter 362, a dying Bakugo has some kind of vision in which he's speaking to a ghostly apparition that resembles All Might, asking that he finally sign a trading card that Bakugo has always carried with him. This isn't just some random hallucination, however: instead, the spectral All Might actually looks nearly identical to the vestige of All Might which resides within One For All, just like its other previous users. As such, there's no reason anyone other than Deku should have any idea what that form looks like… unless they also wielded One For All, even if only for a brief time. All Might has shown some awareness of the non-physical «One For All» realm in which the spirits of previous users reside,
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