Sonic Origins update 1.03 was released today for PS4 and PS5. You can get the complete patch notes for this update here.
This minor hotfix deals with an issue where the game was crashing or hanging on a PS4 or PS5. To trigger this issue, the player had to open the Rankings while they had some existing records in My Data. After the update, this issue should be hopefully resolved by now.
Sonic Origins Update 1.03 Patch Notes
Fixed an issue where the game hangs when the player opens Ranking with existing records in My Data
Sonic Origins adds new regions to explore, exclusive animations, and a completely new Anniversary mode. From the classic Green Hill Zone to the perilous Death Egg Robot, you’ll speed down memory lane to stop Doctor Robotnik’s diabolical schemes in glossy high definition!