I'm sitting here and wondering to what degree our Memory abilities were improved as a result of this training. Sure, we now have False Memory, but that's a lot of work for what seemed like only one ability. We also know it can't have been a dramatic power boost due to our seemingly poor showing against Valravn in his dream, though I kinda forget how powerful he's supposed to be in his original Heart boosted state. I think maybe Level 4 tier?
As far as what I expect to happen in the next update, I'm in agreement with some of what the others suggested. Cole and MC fight, MC probably dominates early on, then Cole evolves (potentially monsterfies which would be cool), which flips the tables on the MC, then Amber and Liz double evolve to Level 3, and assist the MC in his fight against Cole. Outcome is either Cole death or he escapes due to Hex collapsing.
Meanwhile, Deryl links up with Alice and Michael, helping them to heal, only for them to get caught by the evil Twins. They probably end up in a losing position, and there is the possibility that Charlie decides to assist Deryl which allows them to get out safely. Maybe Michael's brother and the girl who's name i can't remember also pitch in.
Sometimes in between this, Tanos catches Doll Ella doing shenanigans in the S.I.N. base, probably destroying Doll Ella, but not before she manages to revive her original body, which escapes H.E.R.O. custody. She escapes by releasing Valravn and Eistheth from captivity in exchange for their assistance in her plans due to their status as chosen.