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

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

Investors worldwide are preparing for a week full of significant events. From November 24 to 30, 2025, the cryptocurrency market will see an influx of tokens from seven projects, totaling approximately $80 million due to planned token unlocks. Concurrently, a series of important economic events and corporate earnings reports are expected in the US, Europe, Asia, and Russia. This combination of "crypto unlocks" and macroeconomic factors has the potential to influence the sentiments of both cryptocurrency market participants and traditional financial markets. Below is an analysis of cryptocurrencies and an overview of key events for the week, including token data and an economic publication schedule day by day.

Major Token Unlocks of the Week

During the week, seven projects will conduct significant token unlocks. This signifies an increase in the supply of the respective tokens in the market, which could theoretically exert downward pressure on their prices, especially if the volumes are substantial relative to their market capitalization. Below are the details for each token – unlock date, volume, percentage of market capitalization, estimated dollar value, and full market capitalization of the project:

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

The largest absolute volume of unlocking is attributed to the token XPL (Plasma), accounting for about $18 million, which is approximately ~4.9% of its capitalization. However, the most significant market impact is expected from the event related to WCT (WalletConnect): the unlocking of ~$14.8 million represents nearly 70% of the token's current market capitalization, indicating potentially strong downward pressure on the price of WCT if holders of the new tokens decide to sell. In other cases, the release proportions are more moderate – for example, Optimism (OP) will only increase supply by about ~1.7% of the capitalization, which is likely to be absorbed by the market with less effect. Overall, significant token unlocks often lead to short-term volatility: the introduction of additional coins into circulation can lower prices if new demand from investors does not increase proportionately. Conversely, positive news or strong fundamental value from projects (like OP, a leader in level 2 solutions) can help the market absorb the new supply without long-term damage.

November 24, 2025 (Monday)

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

November 25, 2025 (Tuesday)

• USA: Consumer Confidence Index from the Conference Board for November. The dynamics of this indicator will reflect household confidence levels and may influence investor sentiment in the stock market and indirectly affect interest in risk assets, including cryptocurrencies.
• Quarterly Earnings Reports: A number of large companies will release their financial results. These include technology giant Alibaba (China), as well as 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 report. These corporate earnings could set the tone for global stock markets and reflect the state of consumer demand and technology.

November 26, 2025 (Wednesday)

• Australia: Publication of the Consumer Price Index (CPI) for Q3. Inflation data in Australia is important for understanding future policy from the Reserve Bank of Australia and may affect the Australian dollar and sentiment in Asian markets.
• New Zealand: Meeting of the Reserve Bank of New Zealand. 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.
• USA: Second estimate of GDP for Q3 and October PCE price indices. Revised GDP figures will show how resilient economic growth was in the previous quarter, while the PCE indices (Personal Consumption Expenditures) – a key inflation indicator for the Fed – will provide insights into current price trends. These data could significantly affect expectations regarding the Fed's interest rate and, accordingly, the dynamics of both the stock and crypto markets.

November 27, 2025 (Thursday)

• Japan: Tokyo Consumer Price Index for November. This indicator serves as a leading indicator for Japan's national inflation; accelerating price growth could heighten expectations for a tightening of Bank of Japan policy. Any surprises in the CPI data can impact the yen's exchange rate and Asian markets.
• USA: National holiday – Thanksgiving Day. American financial markets are closed, and trading will not take place. Trading volumes on global markets may be lower, and volatility may increase due to reduced 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 and the start of the holiday sales season. Investors will monitor the sales volumes of retail chains on this day: a successful start to sales could support retail stocks and overall market optimism, whereas weaker results could raise concerns regarding the state of consumer demand.
• Europe: Important statistical data will be released. In Germany, retail sales data for October will be published, as well as preliminary estimates of the Consumer Price Index (CPI) for November – key indicators for the Eurozone economy. Simultaneously, Switzerland will present its GDP report for Q3, reflecting the growth rate of its economy.
• Canada: Publication of Q3 GDP data (as well as monthly GDP for September). The data will show the state of the Canadian economy against the backdrop of changing commodity prices. 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 scheduled economic events or corporate earnings reports for this Saturday. Markets are awaiting data from China and other events on Sunday as traders assess the week’s outcomes and prepare for the new month ahead.

November 30, 2025 (Sunday)

• China: Official purchasing managers' 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 could improve global risk appetite and support commodity prices, while weak data may reinforce concerns about 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 provide recommendations ahead of the upcoming full OPEC meeting. Any signals from oil producers are significant for the oil market: potential decisions affecting oil supply will reflect on energy prices and, consequently, on the stocks of oil and gas companies and the overall dynamic of market indices.

Investor Takeaways

The week of November 24-30, 2025, promises to be rich in information, combining events from the cryptocurrency market and traditional economics. Major token unlocks are drawing attention from crypto investors: the increase in supply for several altcoins may amplify short-term volatility and price pressure. Special attention should be paid to extreme cases, such as with WalletConnect (WCT), where the volume of unlocking is comparable to its current capitalization – the market's reaction to such an event will serve as a test of liquidity and investor confidence in the project. Conversely, moderate-scale crypto unlocks (like Optimism) are likely to occur without significant disruptions if the overall sentiment in the cryptocurrency market is favorable.

The macroeconomic indicators of the week and the corporate earnings reports of major companies will serve as important "economic events" for global investors. Inflation data (USA, Europe, Asia) and central bank decisions (New Zealand) will help shape expectations regarding interest rates and economic growth, directly impacting the appetite for risk assets, including cryptocurrencies. Simultaneously, earnings 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, which, through investor sentiment, can indirectly affect digital assets. Thus, it is crucial for cryptocurrency investors to consider not only internal factors (token unlocks and project news) but also the external environment – economic statistics and corporate news. The interplay of these factors will determine the level of volatility and the overall market trend as November comes to a close. Wise assessment and timely analysis of cryptocurrencies and traditional assets will aid investors in making informed decisions amid such an eventful week.