How is ponys life better and worse at the end of the story?

At the end of the story, Ponyboy's life is better as he has gained a deeper understanding of himself and his relationships, particularly with his friends and family. He learns the importance of empathy and connection, which helps him to cope with the loss he has faced. However, his life is also worse due to the tragic events that have unfolded, leaving him with emotional scars and a sense of disillusionment about the world. Ultimately, he must navigate the complexities of grief and identity as he moves forward.