Play Solana unveils the PSG1 Limited Edition handheld device in collaboration with Pudgy Penguins

Play Solana has unveiled a new Limited Edition of its PSG1 handheld device, created in partnership with NFT project Pudgy Penguins. The PSG1 Limited Edition was announced on Wednesday via the Solana Floor account on X.

While Play Solana did not release full specifications for the device, it confirmed that the exclusive version will retail for $349. A more detailed statement of the hardware and other collaborative elements is expected on Friday.

As part of the partnership, Play Solana has committed to buying and burning the $PENGU token for every unit sold.

Play Solana’s first blockchain gaming handheld

The PSG1, or Play Solana Gen1, was announced in September 2024 as the Solana network’s first official handheld console built for blockchain-based games. It runs on the Rockchip RK3588S Octa-Core ARM CPU and is equipped with 8GB LPDDR4X RAM and 128GB eMMC flash storage.

The console has a built-in hardware wallet secured by PlaySolana’s proprietary SvalGuard system. Additional features include a capacitive rear-mounted fingerprint sensor and connectivity via WiFi 6.0 and Bluetooth 5.4.

Although it is unclear if the Limited Edition will carry any hardware upgrades, it has a Pudgy Penguin stock image at the back with the same 3.92-inch OLED display, retro-inspired vertical design, capacitive multitouch technologies, and a resolution of 1240 x 1080..

The partnership with Pudgy Penguins could mean that exclusive design elements and more pre-installed content could be part of the offering.

Pudgy Penguins adds to its Web3 gaming footprint

The collaboration comes just over a month after the Pudgy Penguins team launched a skill-based Web3 game titled Pengu Clash, built on The Open Network (TON) blockchain. The game could be part of what’s present in the PSG1 limited edition Pudgy Penguins console.

Pengu Clash has a play-to-win system focused on user-versus-user wagers and competitive gameplay.

“Play-to-win, in essence, is a skill-based game,” said Luca Netz, CEO of Pudgy Penguins. “Users wager against one another versus play-to-earn, where you’re earning tradable currency that the game provides.”

The game can be accessed through the Pengu Clash bot via Telegram and has several modes and objectives powered by Elympics for multiplayer and skill-based challenges.

According to Netz, the decision to build on TON was meant to tap into Telegram’s untapped audience. “Telegram has a whole different user base than we’ve had access to in the past,” he surmised, adding that the platform has numbers in every continent.

PENGU token is high on activity and volatility

Amid the hardware announcement, Pudgy Penguins’ native token, PENGU has experienced heightened trading activity and fluctuating prices over recent weeks. At press time, $PENGU was trading at $0.0356, a decline of 5.4% over the last 24 hours and 13% over the past week.

According to Niels, co-founder of blockchain development firm TedLabs, the token has over 563,000 holders and sees around 20,000 active addresses daily.

In a Tuesday post on X, Niels questioned if PENGU could be this market cycle’s version of DOGE, predicting that should its current trajectory continue, PENGU could accelerate past $0.15 by the end of 2025.

Is $PENGU the $DOGE of this cycle?

Since April bottom, $PENGU has pulled a clean 10x and still showing incredible strength.

For those who don’t know, $PENGU is the native token of @pudgypenguins, which is a popular NFT project.

In Q4 2024, $PENGU airdropped nearly $1.5B to… pic.twitter.com/WftbiMaldy

— Niels (@Web3Niels) July 29, 2025

Earlier today, analyst Ali Martinez spotted a TD Sequential buy signal on the token’s chart, a tool used to forecast turning points in market trends.