Yes, but you may experience lag. Use the "Non-Buffered Rendering" setting in the graphics menu to increase speed, though it may break some visual effects.
If you cannot find a stable "Ultimate Ninja Storm 1" mod, play these officially released PSP titles that offer 95% of the same experience: Download Naruto Ultimate Ninja Storm 1 Ppsspp
Many gamers confuse these two. Ultimate Ninja Impact is a PSP exclusive that plays similarly to Storm, featuring massive battles. Ultimate Ninja Storm 1 was a PS3 exclusive. However, fans have created ISO mods that convert Naruto Ultimate Ninja Heroes or Impact to feel like Storm 1. Yes, but you may experience lag
You are looking for a CSO or ISO file of a Naruto game that has been modded to look like Ultimate Ninja Storm 1. Search for terms like: Many gamers confuse these two
Note: Do not trust ".exe" files. PSP games end in .iso, .cso, or .zip.
If you want a Storm-like 3D arena fighter on PPSSPP, try:
Both run great on PPSSPP and are legitimate PSP games.