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No, Loki hasnt been returned to the realm of the living by his Asgardian ancestors.

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Instead,Lokiis embracing a classic comic-book unit: the alternate timeline!

The one who tried to destroy the planet, or the one who died heroically trying to kill Thanos?

Or maybe a new Loki altogether?

Believe it or not, Loki actually predates Thor himself, first appearing in a book calledVenusback in 1949.

He was most commonly featured in Thor books likeJourney Into Mysterybut also appeared in titles likeThe AvengersandX-Men.

He then found Laufeys son, hidden by the Frost Giants due to his non-giant size.

InThe Avengers, Loki launches an attack on a S.H.I.E.L.D.

facility, from which he retrieves the Tesseract early in the film, setting the Chitauri plan into motion.

Will the fate of the alternate version of Loki end up differently?

Only time will tell.

Perhaps even more interestingly, how will the action ofLokiimpact future stories in the MCU?

Is it a coincidence thatLokiwriter Michael Waldron did script work on the upcomingDoctor Strange in the Multiverse of Madness?

In Lokis world, there are no coincidences.