BlockDAG Presale Enters Final Window as TRON and Polkadot Seek Momentum

Tron (TRX) is trading near a key resistance level as optimism builds around its recent partnership with Wirex and on-chain metrics. The strategic collaboration aims to enhance Tron's utility in global on-chain value transfers. Analysts note that this development could strengthen TRX's long-term adoption and liquidity.

Stablecoin activity on the Tron network has also increased, with total supply reaching $81.79 billion, nearing its peak in early August. This metric reflects growing network usage and could attract more users to the ecosystem.

Derivative data adds to the bullish narrative. The long-to-short ratio for TRX currently stands at 1.60, the highest in over a month, indicating stronger bullish sentiment among traders.

Why Did This Happen?

The Wirex partnership was announced on Tuesday and led to a modest price increase the next day. This collaboration allows for instant and autonomous payments on the Tron network. The partnership aims to expand the token's utility in global payment ecosystems.

Tron's growing role in the stablecoin economy is another factor. According to TRON DAO, over half of USDt is issued on its blockchain. The stablecoin supply has increased by about 40% year-to-date.

What Are Analysts Watching Next?

Traders are closely watching whether TRX can close above $0.29. A breakout above this level could signal a larger price rally. On-chain metrics and derivatives data suggest that the market is preparing for potential upward movement.

Nansen data shows that Tron ranked fourth in 2025 with 3.22 billion transactions. This volume reflects the network's role in the stablecoin economy and its appeal to users seeking low fees and high throughput.

Analysts are also monitoring broader adoption trends and utility developments. The growing stablecoin supply and strategic partnerships could enhance TRX's long-term value proposition.