After escaping from Death Gun, Kirito and Sinon lay low in a desert cave. There, Kirito speculates on how Death Gun murdered the other players. Kirito deduces that some condition must be met in order to kill a player in the real world.
The man in the ragged cloak is an SAO survivor, and he might also be a player Kirito fought with to the death... This thought consumes Kirito, and his anguish is palpable - to the point that it worries Suguha.
Certain that both Death Gun and the man in the ragged cloak are competing in the BoB final, Kirito approaches Sinon beforehand about exchanging information, and begins to investigate the other players.
The man in the ragged cloak reveals himself to be Death Gun, and announces that he'll be bringing on real-life death. Meanwhile, Kirito and Sinon decide to join forces, hoping to take Death Gun down before there are any more casualties.
Attacked from behind by Death Gun, Sinon has her back to the wall. Kirito barely manages to rescue Sinon and attempts to flee with her, but they are pursued by Death Gun, and find themselves on the brink of disaster.
BoB has reached its last stage, and the field of survivors has been narrowed down to Kirito, Sinon, Death Gun, and Yamikaze, the previous tournament's runner-up. Kirito finds himself confronting Death Gun at last, but...
Subjected to Death Gun's Star Splash, Kirito is in dire straits. He is driven into a corner due to Death Gun's prowess not only as a gunman, but as a swordsman, too. Meanwhile, Sinon can only watch as Kirito and Death Gun battle it out.
Kyoji attacks, intent on ending his own life after first killing Shino. But just in the nick of time, Kazuto bursts through the door and tackles Kyoji. Days later, Kazuto and Shino meet with Kikuoka to hear the facts about the GGO incident.
The Holy Sword Excalibur has been discovered inside ALO. Hearing the news, Kirito and Leafa make up their minds to take possession of Excalibur before other players get to it first. Summoning the others, they set off for the dungeon.
Kirito and the others are tasked with subjugating the Frost King Thrymr. On the way, they discover a female NPC, Freyja, locked in a cage, calling for help. Suspecting a trap, they are about to rush past her, but...
Hearing rumors about a brilliant player known as Zekken, Asuna decides to mount a challenge. But when Asuna logs out, she is told by her mother, Kyoko, to take an exam to transfer into an academically-oriented high school.
Yuuki asks Asuna to help the guild that she leads, the Sleeping Knights. For their own personal reasons, the guild plans to disband soon. In order to create a lasting memory for themselves, they will attempt a single-party boss raid.
Asuna and the Sleeping Knights prepare to raid the 27th Floor Boss, but another guild specializing in boss raids is on to them. Just then, Kirito and Klein come to their aid and hold off the rival guild.
Several days have gone by since Yuuki vanished from Asuna's sight and stopped logging in to ALO. Asuna asks Siune why Yuuki disappeared. Rather than explaining in detail, Siune answers that "Yuuki probably doesn't want to see you again."
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