Golden Finance reported that IgIoo, the parent company of Pudgy Penguins, issued a document on the X platform stating that by launching the PENGU token on Solana, the Pudgy Penguins project will be able to grow and reach new audiences. However, with plans to be multi-chain, including launching on Ethereum and Abstract, PENGU is the next natural step in the evolution of the Pudgy Penguins community and role to realize its potential.