Token Unlocking and Economic Events of the Week 24–30 November 2025

Key Token Unlocks and Economic Events for the Week of 24–30 November 2025: Corporate Earnings Reports, Inflation Data, and Central Bank Meetings. An Analysis for Investors.

Investors worldwide are preparing for a week filled with significant events. From 24 to 30 November 2025, the cryptocurrency market will see an additional influx of tokens from seven projects, amounting to approximately $80 million, due to scheduled token unlocks. Concurrently, a series of important economic events and corporate earnings reports are anticipated across the US, Europe, Asia, and Russia. This combination of “crypto unlocks” and macroeconomic factors is likely to influence the sentiments of participants in both the cryptocurrency and traditional financial markets. Below is an analysis of cryptocurrencies and an overview of the key events for the week, including token details and a calendar of economic publications and reports by day.

Major Token Unlocks of the Week

During the week, seven projects will conduct significant token unlocks. This will increase the supply of the respective tokens in the market, which theoretically may create downward pressure on their prices, especially if the volume is substantial relative to market capitalisation. Below are the details for each token – unlock date, volume, market capitalisation share, estimated dollar amount, and total market capitalisation of the project:

• XPL (Plasma) – 25 November; 88.88 million tokens; ~4.94% of market capitalisation; ~$18.13 million; total cap. ~$2.02 billion.
• WCT (WalletConnect) – 26 November; 128.12 million tokens; ~68.8% of market capitalisation; ~$14.84 million; total cap. ~$116 million.
• KMNO (Kamino) – 30 November; 220.00 million tokens; ~22.0% of market capitalisation; ~$11.22 million; total cap. ~$507 million.
• H (Humanity Protocol) – 25 November; 91.67 million tokens; ~5.02% of market capitalisation; ~$10.78 million; total cap. ~$1.18 billion.
• OP (Optimism) – 30 November; 32.21 million tokens; ~1.70% of market capitalisation; ~$9.80 million; total cap. ~$1.31 billion.
• ZORA (Zora) – 30 November; 166.67 million tokens; ~3.73% of market capitalisation; ~$8.68 million; total cap. ~$518 million.
• UDS (Undeads Games) – 30 November; 3.18 million tokens; ~3.10% of market capitalisation; ~$6.91 million; total cap. ~$543 million.

The largest absolute unlock volume belongs to the token XPL (Plasma) – approximately $18 million, which equates to ~4.9% of its capitalisation. However, the most impactful event for the market may be the WCT (WalletConnect) unlock: the approximately $14.8 million unlock represents nearly 70% of the current capitalisation of this token, indicating potentially strong pressure on the WCT price if holders of the new tokens decide to sell. In other cases, the proportion of the unlocked tokens is more moderate – for example, Optimism (OP) will increase supply by only ~1.7% of its capitalisation, which is likely to be absorbed by the market with lesser effect. Overall, significant token unlocks often lead to short-term volatility: additional coins in circulation can depress prices if new demand from investors does not rise proportionally. Conversely, positive news or strong fundamental value of projects (such as OP, a leader in Layer 2 solutions) can help the market absorb the new supply without long-term damage.

24 November 2025 (Monday)

• No important macroeconomic indicators are scheduled for release on this day. Additionally, there are no reports from major companies as the markets take a pause after the previous active week.

25 November 2025 (Tuesday)

• USA: Conference Board Consumer Confidence Index for November. The dynamics of this indicator will reflect household confidence levels and may influence investor sentiment in the stock market and indirectly on interest in risk assets, including cryptocurrencies.
• Quarterly Earnings Reports: A number of large companies will present their financial results. Among them are tech giant Alibaba (China), as well as American corporations Dell Technologies, Analog Devices, Zoom Video Communications, and corporate 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.

26 November 2025 (Wednesday)

• Australia: Release of the Consumer Price Index (CPI) for Q3. Inflation data from Australia are crucial for understanding the future policy of the Reserve Bank of Australia and may influence the Australian dollar and sentiment in Asian markets.
• New Zealand: Meeting of the Reserve Bank of New Zealand. A decision on the interest rate is anticipated (analysts predict the current level will be maintained). Data on retail sales in New Zealand for the last quarter will also be published, reflecting the state of the economy and consumer activity.
• USA: Second estimate of GDP for Q3 and October PCE price indexes. Revised GDP figures will highlight how robust economic growth was in the previous quarter, while PCE (Personal Consumption Expenditures) indexes – a key inflation indicator for the Fed – will provide insight into current price trends. These data could significantly impact expectations regarding the Fed’s interest rate and, consequently, the movement of the stock market and cryptocurrency market.

27 November 2025 (Thursday)

• Japan: Tokyo Consumer Price Index for November. This indicator serves as a leading indicator for national inflation in Japan; an acceleration in price growth may heighten expectations for a tightening policy from the Bank of Japan. Any surprises in CPI data could influence the yen and Asian markets.
• USA: National holiday Thanksgiving Day. American financial markets are closed, and no trading will occur. Trading 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.

28 November 2025 (Friday)

• USA: “Black Friday” – a shortened trading session on American exchanges and the start of the holiday sales season. Investors will monitor retail sales volumes on this day: a successful start to sales may bolster retail stocks and overall market optimism, while weak sales could raise concerns about consumer demand.
• Europe: Important statistical data will be released. In Germany, retail sales data for October will be published, along with preliminary estimates of the Consumer Price Index (CPI) for November – key indicators for the eurozone economy. Simultaneously, Switzerland will report on GDP for Q3, reflecting the growth rate of its economy.
• Canada: Publication of GDP data for Q3 (as well as monthly GDP for September). The figures will illustrate the state of the Canadian economy amidst changes in commodity prices. Results may affect the Canadian dollar and sentiments in commodity markets, which is indirectly important for global investors.

29 November 2025 (Saturday)

• No scheduled economic events or corporate earnings publications are expected this Saturday. Markets are waiting for data from China and other events on Sunday, and traders are assessing the week's results while preparing for the start of a new month.

30 November 2025 (Sunday)

• China: Official Purchasing Managers’ Index (PMI) for November in the manufacturing and non-manufacturing sectors. These figures will provide a fresh evaluation of the state of the world's second-largest economy. Strong PMIs from China may enhance global risk appetite and support commodity prices, while weak data may amplify concerns regarding economic slowdown.
• OPEC+: Meeting of the Joint Ministerial Monitoring Committee (JMMC) of OPEC+ countries. The committee will assess compliance with oil production quotas and may offer recommendations ahead of the upcoming 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 the shares of oil and gas companies and the overall movement of market indices.

Conclusions for Investors

The week of 24–30 November 2025 promises to be rich in information, combining events from the cryptocurrency market and traditional economics. Major token unlocks will draw the attention of crypto investors: the increase in supply of several altcoins could, in the short term, amplify volatility and pressure their prices. Particularly noteworthy are extreme cases like with WalletConnect (WCT), where the unlock volume is comparable to the current capitalisation – the market's reaction to such an event will serve as a test of liquidity and investors' trust in the project. Meanwhile, moderate-scale crypto unlocks (for example, Optimism) are likely to pass without significant upheaval if the overall market conditions are favourable.

The macroeconomic indicators of the week and the corporate earnings reports from leading companies will become significant “economic events” for global investors. Inflation data (from the USA, Europe, Asia) and central bank decisions (New Zealand) will help shape expectations regarding interest rates and economic growth, which directly influences the appetite for risk assets, including cryptocurrencies. Simultaneously, 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 of equity indices, and through investor sentiment, indirectly affect digital assets. Thus, it is essential for cryptocurrency market investors to consider not only internal factors (token unlocks and other project news) but also the external backdrop – economic statistics and corporate news. The combination of these factors will determine the level of volatility and the overall market trend as November comes to a close. A well-informed assessment and timely analysis of cryptocurrencies and traditional assets will enable investors to make prudent decisions during such an eventful week.