Major Token Unlockings for the Week of November 24–30, 2025, and Key Economic Events: Company Reports, Inflation Data, Central Bank Meetings. Analysis for Investors.
Investors worldwide are preparing for an eventful week. From November 24 to 30, 2025, an additional volume of tokens from seven projects will enter the cryptocurrency market - totaling approximately $80 million - due to scheduled token unlocks. At the same time, a series of significant economic events and corporate reports are anticipated in the United States, Europe, Asia, and Russia. This combination of “crypto unlocks” and macroeconomic factors is likely to influence the sentiments of participants in both the cryptocurrency market and traditional financial markets. Below is an analysis of cryptocurrencies and an overview of the key events of the week, including token data and the economic publication and reporting calendar by day.
Major Token Unlockings of the Week
Throughout the week, seven projects will conduct significant token unlocks. This means an increase in the supply of the respective tokens on the market, which could theoretically create downward pressure on their price, especially if the volume is significant relative to the market capitalization. Below are the data for each token - unlock date, volume, percentage of market capitalization, estimated dollar amount, and total market capitalization of the project:
- XPL (Plasma) – November 25; 88.88 million tokens; ~4.94% of market capitalization; ~$18.13 million; total cap ~ $2.02 billion.
- WCT (WalletConnect) – November 26; 128.12 million tokens; ~68.8% of market capitalization; ~$14.84 million; total cap ~ $116 million.
- KMNO (Kamino) – November 30; 220.00 million tokens; ~22.0% of market capitalization; ~$11.22 million; total cap ~ $507 million.
- H (Humanity Protocol) – November 25; 91.67 million tokens; ~5.02% of market capitalization; ~$10.78 million; total cap ~ $1.18 billion.
- OP (Optimism) – November 30; 32.21 million tokens; ~1.70% of market capitalization; ~$9.80 million; total cap ~ $1.31 billion.
- ZORA (Zora) – November 30; 166.67 million tokens; ~3.73% of market capitalization; ~$8.68 million; total cap ~ $518 million.
- UDS (Undeads Games) – November 30; 3.18 million tokens; ~3.10% of market capitalization; ~$6.91 million; total cap ~ $543 million.
The largest absolute volume of unlocks belongs to the token XPL (Plasma) – approximately $18 million, which is equivalent to ~4.9% of its capitalization. However, the most impactful event for the market may come from WCT (WalletConnect): with an unlock amount of ~$14.8 million, it accounts for nearly 70% of the current capitalization of this token, indicating potentially strong downward pressure on the price of WCT if holders of the new tokens decide to sell. In other cases, the proportion of the unlock is more moderate – for instance, Optimism (OP) will increase supply by only ~1.7% of capitalization, which is likely to be absorbed by the market with less impact. In general, major token unlocks often lead to short-term volatility: additional coins in circulation can reduce prices if new demand from investors does not grow proportionally. On the other hand, positive news or strong fundamental value of projects (such as OP, one of the leaders in layer two solutions) can help the market absorb the new supply without long-term damage.
November 24, 2025 (Monday)
- No significant macroeconomic indicators are scheduled for release on this day. Additionally, there are no reports from major companies – markets are taking a pause after the previous active week.
November 25, 2025 (Tuesday)
- USA: Consumer Confidence Index from the Conference Board for November. The dynamics of this indicator will show the level of household confidence and may influence investor sentiment in the stock market and indirectly affect interest in riskier assets, including cryptocurrencies.
- Quarterly Company Reports: A number of large companies will report financial results, including technology giant Alibaba (China), as well as American corporations Dell Technologies, Analog Devices, Zoom Video Communications, and software developer Workday. Additionally, one of the leaders in the electric vehicle market, NIO (China), will report. These corporate reports may set the tone for global stock markets and reflect the state of consumer demand and technology.
November 26, 2025 (Wednesday)
- Australia: Release of the Consumer Price Index (CPI) for Q3. Inflation data for Australia is essential for understanding the future policy of the Reserve Bank of Australia and may impact the Australian dollar and sentiment in Asian markets.
- New Zealand: Meeting of the Reserve Bank of New Zealand. A decision regarding the interest rate is expected (analysts forecast maintaining the current level). Retail sales data for New Zealand for the last quarter will also be released, reflecting the state of the economy and consumer activity.
- USA: Second estimate of GDP for Q3 and October PCE price indices. The revised GDP figures will show how resilient the economic growth was in the last quarter, while the PCE (Personal Consumption Expenditures) index – a key inflation indicator for the Fed – will provide insight into current price trends. This data has the potential to significantly affect expectations regarding the Fed's interest rate and, consequently, the dynamics of the stock market and cryptocurrency market.
November 27, 2025 (Thursday)
- Japan: Tokyo Consumer Price Index for November. This indicator is a leading indicator for national inflation in Japan; faster price growth may heighten expectations of tightening policy from the Bank of Japan. Any surprises in CPI data could influence the yen's exchange rate and Asian markets.
- USA: National holiday Thanksgiving Day. American financial markets are closed, and trading does not take place. Volumes in global markets may be reduced, and volatility may increase due to low liquidity. Investors will use this day to assess the week's interim results without new data from the USA.
November 28, 2025 (Friday)
- USA: "Black Friday" – a shortened trading session on American exchanges marking the start of the holiday sales season. Investors will closely monitor the retail sales volumes on this day: a successful start to sales may support retailer stocks and general market optimism, while weak sales may raise concerns about the state of consumer demand.
- Europe: Important statistics will be released. In Germany, data on retail sales for October will be published, along with preliminary estimates of the Consumer Price Index (CPI) for November – key indicators for the eurozone economy. Meanwhile, Switzerland will present its GDP report for Q3, reflecting the growth rate of its economy.
- Canada: Release of GDP for Q3 (as well as monthly GDP for September). The data will show the state of the Canadian economy against the backdrop of commodity price changes. The results may influence the Canadian dollar's exchange rate and sentiment in commodity markets, which is indirectly important for global investors.
November 29, 2025 (Saturday)
- No planned economic events or corporate report publications are scheduled for this Saturday. Markets are awaiting data from China and other events on Sunday, while traders assess the week's outcomes and prepare for the new month.
November 30, 2025 (Sunday)
- China: Official business activity indices (PMI) for November in the manufacturing and non-manufacturing sectors. These indicators will provide a fresh assessment of the state of the world's second-largest economy. Strong PMIs from China may improve global risk appetite and support commodity prices, while weak data heightens concerns about economic slowdown.
- OPEC+: Meeting of the Joint Ministerial Monitoring Committee (JMMC) of OPEC+ countries. The committee will evaluate compliance with oil production quotas and may offer recommendations ahead of the forthcoming full OPEC meeting. Any signals from oil producers are crucial for the oil market: potential decisions affecting oil supply will reflect on energy prices and, consequently, on oil and gas company stocks and the overall dynamics of market indices.
Investor Takeaways
The week of November 24–30, 2025, promises to be rich in information, combining events from the cryptocurrency market with traditional economic developments. Major token unlocks are drawing the attention of crypto investors: the increase in supply of several altcoins may, in the short term, amplify volatility and pressure on their prices. In particular, extreme cases, such as with WalletConnect (WCT), where the unlock volume is comparable to the current capitalization, will test the market's liquidity and investors' trust in the project. Conversely, moderate-scale token unlocks (for example, Optimism) are likely to pass without significant upheaval if the overall conditions in the crypto market are favorable.
The macroeconomic indicators of the week and the corporate reports from major companies will serve as vital "economic events" for global investors. Inflation data (from the USA, Europe, and Asia) and central bank decisions (from New Zealand) will help shape expectations regarding interest rates and economic growth, which directly impacts appetite for riskier assets, including cryptocurrencies. At the same time, reports from corporations such as Alibaba, Dell, Zoom, and others will signal the state of corporate profits and consumer demand. Their results may set the direction for stock indices and, through investor sentiment, indirectly influence digital assets. Thus, it is crucial for investors in the cryptocurrency market to consider not only internal factors (token unlocks and other project news) but also external circumstances – economic statistics and corporate news. The combination of these factors will determine the level of volatility and the overall market trend at the end of November. Astute assessment and timely analysis of cryptocurrencies and traditional assets will aid investors in making informed decisions amidst such an eventful week.
