I believe that there will be no good ending here, but in an ending like this - no.
The idea is good, but for a second...
Spoiler.
Loken has nowhere else to live. His village has become a Blackzone. Drevora (did I spell it right???) cannot be a leader without people. So Loken will lose his authoritative protection because of this. He lost his father figure. Takshi and Nitro are friends in some sense, but not a holding factor. He gets very attached to things, and now everything has been taken away from him. If Alex dies, so does Loken too. He can't stand it. Alex also from his side. He depends only on Loken now. He has a student, but this student was traumatized so early that he completely changed his opinion about everything around him. That's why Alex has a strong connection only to Loken and Byte.
I can believe in Byte's death, since he has a demonic origin and if the goal is to destroy Soulcreek, then Byte will also cease to exist. Otherwise, everyone will die from loneliness and apathy.
Alex will lose his cheats for ignoring biological needs from Byte's death and will be very upset, but will be able to live on with Loken. Loken won't care about Byte after the end of the battle, and if he does, then not so upset as if lost father figure.