1996 saw the release of Street Fighter Alpha 2 in the arcades. It ditched the chain combo system from the previous game and had new characters, backgrounds, endings, moves and more. Guy and Sodom return, with new stages. Sodom's stage is set in the outback, and features a huge truck. There's an alternate version of his stage, which changes some of the things on the truck, but it's rare to see.

Guy and Sodom are also joined by Rolento, who was last seen in Final Fight 2. Rolento has attacks involving grenades and help from the El Gados, who were knife wielding enemies in Final Fight. His stage mimics his Final Fight stage as it's on a moving elevator.

Guy's stage is set in Metro City, and features lots of Final Fight's cast -Haggar and the majority of the Mad Gear gang all appear. The likes of Damnd, Poison and Abigail are there, and even the dog from the Bay Area can be seen. Cody and Jessica can be seen to the left of the stage, and there's an easter egg which can be seen whenever Chun-Li, Rose or Sakura are fighting -Cody will stop paying attention to Jessica, prompting her to slap him!

Guy's ending features Zeku, his master. This is a retcon of Final Fight 2's story, where Genryusai was meant to be Guy's master. The story was changed so Genryusai became Zeku's master, and Zeku became Guy's master. Zeku would eventually become a playable character in Street Fighter V.

Street Fighter Alpha 2 was initially ported to the PC, Playstation, SEGA Saturn and Super Nintendo. The American and European versions changed Sodom's name to Katana, as they'd done with the SNES port of Final Fight. It was also one of the games on Street Fighter Alpha Anthology for the Playstation 2. It's also one of the games on the Street Fighter 30th Anniversary Collection, which is available on PC, Playstation 4, Nintendo Switch and Xbox One.