Algorand Powers HesabPay to Distribute $35M in Afghanistan Aid
Algorand (ALGO)
Editor:
Eugene Serbin
Coinfomania.com reports that Algorand is facilitating the distribution of over $35 million in humanitarian aid through HesabPay. This initiative targets families in Afghanistan, reaching more than 625,000 individuals. The stablecoin distributions have benefited over 150,000 families, demonstrating the technology's utility when traditional banking systems fail.
HesabPay, which is utilized by organizations like the UNHCR, now reports a user base exceeding one million. Monthly transaction volumes on the platform have reached approximately $183 million. The New Humanitarian highlighted this partnership as a key example of blockchain efficiency in crisis situations.
Algorand’s high-performance network enables these transparent and scalable financial transactions. This collaboration provides immediate support while showcasing the potential for broader institutional adoption. The move emphasizes how blockchain can maintain essential services during financial disruptions.
How the market reacted
Whalio's own Binance spot order flow for ALGO, measured when this story was written up on 25 September 2026. Not the outlet's figures.
ALGO is trading at $0.1132 with a 24-hour buy ratio of 52.6%, indicating a slight majority of buyers. However, shorter timeframes show cooling momentum, with the 1-hour buy ratio dropping to 49.7%. The 4-hour buy ratio sits at 51.8%, suggesting a transitional state between the daily trend and immediate activity. Volume delta has shifted from positive to negative, with a 24-hour net inflow of $383,320 contrasting with a 1-hour outflow of $549. This divergence suggests that while buying pressure has built over the day, it is currently fading in the short term. The data reflects a market that has absorbed recent buying but is now seeing slightly more selling pressure in the immediate hour.
The latest daily buy ratio of 54.0% sits at the 90th percentile of the last 322 days, against a median of 49.9% - among the strongest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for ALGO, averaged over the days leading up to the story.
Over the preceding week, ALGO experienced a robust 25.1% price increase, driven by consistent buying pressure. The 7-day average buy ratio was 52.3%, showing a steady preference for buyers over the longer term. Today’s 24-hour buy ratio of 52.6% is marginally higher than the weekly average by 0.3 points. Volume activity is currently at 0.82x the weekly average, indicating a quieter trading day than usual. This represents an ordinary day for the coin, characterized by sustained but slightly reduced volume compared to the recent weekly trend.