Maybe it's a new character who is jealous of Percy's status among the demigods. This new antagonist could be a powerful demigod from a different camp who has heard of Percy's feats and doesn't want him to steal the spotlight again. So, they try to use Percy's return from the dead as a way to turn the other demigods against him.
It could be a jealous demigod who thought that with Percy dead, they would be the most powerful or important one. Now that Percy is back, they see him as a threat to their status and plan to get rid of him again.
A group of rogue demigods could be the main antagonists. They believe that Percy is too powerful and his presence is causing more problems than solutions in the demigod world. So they make him disappear. But when Percy comes back, he shows them that they were wrong and that they have been mislead by false beliefs.
A new dark entity could be the main antagonist. This entity might have been awakened by Naruto's return from the dead. It could be something that was sealed away long ago and Naruto's return breaks the seal. The entity would then target Naruto and his loved ones to prevent him from getting in its way of ruling the ninja world.
One possibility could be that Percy returns with new powers. Maybe he has some connection to the Underworld now that he's come back from the dead. He might be able to control the dead or has some knowledge about the afterlife that he uses to help his friends in battles against new and more powerful enemies.
Some of the more powerful and vengeful spirits in Tartarus could be the main antagonists. These spirits could possess demigods or mortals close to Percy to get to him. They might be angry that he escaped their domain and want to drag him back. Additionally, there could be a group of rogue demigods who believe that Percy has been corrupted by Tartarus and they see it as their duty to stop him, even if it means becoming his enemies.
It could be a powerful demon that escaped Tartarus along with Percy. This demon might be bent on causing chaos and destruction in the mortal and demigod worlds. It has a personal vendetta against Percy for surviving Tartarus when it believes he should have perished there.
It could be a new demigod who is jealous of Percy's status. This demigod might spread false rumors about Percy, which would be the start of his fall from grace. The new demigod could be very manipulative and use Percy's popularity against him. For instance, they might make it seem like Percy is hogging all the glory in their quests, causing the other demigods to turn against him.
It could be a power - hungry Atlantean noble who wants to rule not just Atlantis but also the surface world. He sees Percy as a threat to his plans and tries to stop him at every turn.
A new and powerful demon that has emerged from the darkest corners of the underworld. This demon is bent on using Percy's connection to the overworld to break through the barriers between the two worlds and unleash chaos. It has powers that are different from what Percy has faced before, like the ability to manipulate the very essence of the underworld's environment.
A powerful Amazonian sorceress who has turned against her own kind and is now trying to use dark magic to take over the world. She could see Percy as an obstacle in her path and constantly try to defeat him.