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Altcoins

Ripple, Solana, Polygon rally behind Nepal flood victims

On Aug. 26, devastating flash floods struck Nepal's Rasuwa, Nuwakot, Dhading, Gorkha, and Tanahun districts along the Nepal-Tibet border. Homes, roads, and bridges have been swept away, cutti

AnonymousCryptoCompass newsroom
September 5, 2026
2 min read
NEWS
Ripple, Solana, Polygon rally behind Nepal flood victims
CryptoCompass editorial visual for altcoins coverage.

On Aug. 26, devastating flash floods struck Nepal's Rasuwa, Nuwakot, Dhading, Gorkha, and Tanahun districts along the Nepal-Tibet border. Homes, roads, and bridges have been swept away, cutting off communities.

At least 65,000 people, including 22,100 children, have been affected so far, as per UNICEF. Hundreds of people, including children, have reportedly died, and thousands more are still missing.

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Crypto industry comes forward to support Nepal flood victims

Several crypto firms have stepped up to support the victims of the Nepal floods.

Ripple, the blockchain technology and payments firm, announced on Aug. 28 that it is donating $300,000 to two relief groups, World Central Kitchen and Mercy Corps, to support emergency meal distribution and water and sanitation efforts in the affected regions.

Solana is a high-speed blockchain network designed for fast, low-cost transactions. On Sep. 1, the network started a unique auction of its logo space for nine spots and eventually raised $166,946.50, with 100% of the proceeds donated to Nepal flood relief.

Polygon is a Layer-2 scaling platform built on top of the Ethereum blockchain. On Sep. 4, the network launched an initiative for anyone to be able to donate crypto to the Government of Nepal's Prime Minister Disaster Relief Fund.

Powered by Polygon's Open Money Stack, Coinme, and Cross River Bank, the campaign focuses on crypto donations because of their fast movement across borders.

Polygon founder and CEO Sandeep Nailwalsaid he was born in the Indian state of Uttakhand, which is close to Nepal. Since his maternal family is from the same region, the tragedy feels closer, he added.

Nailwal appealed to everyone around the world to contribute in stablecoins to support relief efforts in Nepal. Blockchain for Impact has already pledged $100,000 to the cause, he revealed.

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