Major Token Unlocks from 24th to 30th November 2025 and Key Economic Events: Company Reports, Inflation Data, Central Bank Meetings - An Analysis for Investors.
Investors worldwide are gearing up for a week rich in events. From 24th to 30th November 2025, an additional volume of tokens from seven projects, amounting to approximately $80 million, will flood the cryptocurrency market due to planned token unlocks. Concurrently, a series of significant economic events and corporate reports are expected across the US, Europe, Asia, and Russia. This combination of "crypto unlocks" and macroeconomic factors could influence the sentiment of participants in both the cryptocurrency market and traditional financial markets. Below is an assessment of cryptocurrencies alongside an overview of key events of the week, including token data and a calendar of economic publications and reports by day.
Major Token Unlocks of the Week
Throughout the week, seven projects will execute substantial token unlocks. This indicates an increase in the supply of the corresponding tokens on the market, which theoretically could create downward pressure on their price, especially if the volume is significant relative to market capitalisation. Below are details for each token – unlock date, volume, market capitalisation share, estimated dollar value, and total market capitalisation of the project:
- XPL (Plasma) – 25th November; 88.88 million tokens; ~4.94% of market capitalisation; ~$18.13 million; total cap ~$2.02 billion.
- WCT (WalletConnect) – 26th November; 128.12 million tokens; ~68.8% of market capitalisation; ~$14.84 million; total cap ~$116 million.
- KMNO (Kamino) – 30th November; 220.00 million tokens; ~22.0% of market capitalisation; ~$11.22 million; total cap ~$507 million.
- H (Humanity Protocol) – 25th November; 91.67 million tokens; ~5.02% of market capitalisation; ~$10.78 million; total cap ~$1.18 billion.
- OP (Optimism) – 30th November; 32.21 million tokens; ~1.70% of market capitalisation; ~$9.80 million; total cap ~$1.31 billion.
- ZORA (Zora) – 30th November; 166.67 million tokens; ~3.73% of market capitalisation; ~$8.68 million; total cap ~$518 million.
- UDS (Undeads Games) – 30th November; 3.18 million tokens; ~3.10% of market capitalisation; ~$6.91 million; total cap ~$543 million.
The largest absolute unlock volume falls to the token XPL (Plasma) – approximately $18 million, equivalent to ~4.9% of its capitalisation. However, the most impactful event for the market may be WCT (WalletConnect): a ~$14.8 million unlock constitutes nearly 70% of the current capitalisation of this token, indicating potentially significant downward pressure on the price of WCT if holders of the newly unlocked tokens decide to sell. In other instances, the release proportion is more moderate – for example, Optimism (OP) will increase supply by only ~1.7% of capitalisation, which is likely to be absorbed by the market with a lesser effect. Overall, large token unlocks often lead to short-term volatility: the influx of new coins can depress prices if new investor demand does not grow proportionately. Conversely, positive news or strong fundamental value of projects (such as OP, a leader in Layer 2 solutions) may assist the market in processing new supply without long-term detriment.
24th November 2025 (Monday)
- No significant macroeconomic indicators are scheduled for publication on this day. There are also no reports from major companies, as markets take a pause following a previous active week.
25th November 2025 (Tuesday)
- US: 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 as well as indirectly affect interest in risk assets, including cryptocurrencies.
- Quarterly Company Reports: A number of large companies will present their financial results, including the tech giant Alibaba (China), alongside American corporations Dell Technologies, Analog Devices, Zoom Video Communications, and enterprise software developer Workday. Additionally, one of the leaders in the electric vehicle market, NIO (China), will also report. These corporate earnings may set the tone for global equity markets and reflect the state of consumer demand and technology.
26th November 2025 (Wednesday)
- Australia: Release of the Consumer Price Index (CPI) for Q3. Inflation data in Australia is crucial for understanding the future policy of the Reserve Bank of Australia and may affect the Australian dollar and sentiment in Asian markets.
- New Zealand: Reserve Bank of New Zealand meeting. A decision on interest rates is expected (analysts predict the current level will be maintained). Retail sales data for New Zealand for the last quarter will also be published, reflecting the state of the economy and consumer activity.
- US: Second estimate of GDP for Q3 and October PCE price indices. Revised GDP figures will show how robust the economic growth was in the previous quarter, while PCE (Personal Consumption Expenditures) indices – a key inflation indicator for the Fed – will provide insights into current pricing trends. This data may significantly impact expectations regarding the Fed's interest rates and, consequently, influence stock and cryptocurrency market dynamics.
27th November 2025 (Thursday)
- Japan: Tokyo Consumer Price Index for November. This indicator is a leading sign for national inflation in Japan; accelerating price growth may bolster expectations of tighter policy from the Bank of Japan. Any surprises in the CPI data could impact the yen's exchange rate and Asian markets.
- US: National holiday, Thanksgiving Day. American financial markets are closed and trading does not occur. Trading volumes on global exchanges may be reduced, and volatility may increase due to low liquidity. Investors will use this day to assess interim results of the week without new data from the US.
28th November 2025 (Friday)
- US: "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 support retailer stocks and overall market optimism, while weak sales could raise concerns about the state of consumer demand.
- Europe: Important statistical data 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. Simultaneously, Switzerland will present GDP data for Q3, reflecting the growth rate of its economy.
- Canada: Release of GDP data for Q3 (and also monthly GDP for September). These figures will reveal the state of the Canadian economy amid changes in commodity prices. Results may impact the Canadian dollar's exchange rate and sentiment in the commodity markets, which is indirectly important for global investors.
29th November 2025 (Saturday)
- No scheduled economic events or corporate report publications for this Saturday. Markets await data from China and other forthcoming events on Sunday while traders assess the week's outcomes and prepare for the onset of a new month.
30th November 2025 (Sunday)
- China: Official PMI indices for November in the manufacturing and non-manufacturing sectors. These indicators will provide a fresh evaluation of the state of the world's second-largest economy. Strong PMI data from China could improve global risk appetite and support commodity prices, while weak data might intensify concerns regarding economic slowdown.
- OPEC+: Meeting of the Joint Ministerial Monitoring Committee (JMMC) of OPEC+ countries. The committee will assess adherence to oil production quotas and may provide recommendations before the upcoming full OPEC+ meeting. Any signals from oil producers are crucial for the oil market: potential decisions impacting oil supply will reflect on energy prices and, consequently, on the shares of oil and gas companies and overall market indices.
Conclusions for Investors
The week from 24th to 30th November 2025 promises to be information-rich, combining events from the cryptocurrency market and traditional economics. Major token unlocks are capturing the attention of crypto investors: the increase in supply of several altcoins may intensify volatility and pressure on their prices in the short term. Extreme cases, such as that of WalletConnect (WCT), where the unlock volume is equivalent to the current capitalisation, make market reactions to such events a test of liquidity and investor confidence in the project. At the same time, moderate-scale crypto unlocks (like Optimism) are likely to proceed without significant disruptions if the overall market sentiment remains favourable.
The macroeconomic indicators of the week and corporate reports from large companies will constitute significant "economic events" for global investors. Inflation data (US, Europe, Asia) and central bank decisions (New Zealand) will help shape expectations regarding interest rates and economic growth, which directly influences appetite for risk assets, including cryptocurrencies. Concurrently, 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 the movement of stock indices and indirectly influence digital assets through investor sentiments. Thus, it is vital 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 announcements. The interplay of these factors will determine the volatility level and overall market trend as November draws to a close. A judicious assessment and timely analysis of cryptocurrencies and traditional assets will enable investors to make informed decisions in the context of such an eventful week.
