Call it Princess Profile.
 
First game is about Luna who wakes up as a fully formed adult alicorn in a stunningly beautiful white-and-gold Canterlot (replacing Valhalla), and is told by Celestia that “the spell worked! We have wings now!” and stuff.  
Shortly, you find yourself flying around outside (overworld), and realize that you’re hearing the voices of the mortals in distress… this being ancient Equestria, a much less safe place to live.  
You’re always a little too late though, one way or another. Each time, all you can offer the survivor is to help you in your efforts to save others from the same fate.  
(Pony type is weapon type, with the quick attacks of pegasi effectively replacing archers.)  
Time to time you check back with Celestia (in Canterlot), who is grateful for the bolstered Guard in these dangerous times.
 
…Eventually, you return to Canterlot only to find the ground torn up and flying around. Navigating around the floating landscape, you fight through all sorts of fun enemies, including the original Hydra, and the original Timberwolf… eventually confronting Discord. For the second and last time in the game, you get to fight beside Celestia… and the rest is history.
 
(Bonus dungeon still Seraphic Gate. Gabriel Celeste & Iseria Queen not ponies.)

What I like about the PS1 version of Valkyrie Profile is that Hard mode is the easiest mode.

Both are great games.Though, Silmeria requires heavy level grinding to finish… (reason I ended dropping it)

Never got to play this. I tried Silmera but I got kinda bored of it. Mostly cause I didn’t know what to do.