Major Token Unlocks and Key Economic Events for November 24–30, 2025: Company Reports, Inflation Data, and Central Bank Meetings. Analysis for Investors.
Global investors are gearing up for an eventful week. From November 24 to 30, 2025, the cryptocurrency market will see the release of approximately $80 million in tokens from seven projects due to scheduled unlocks. Concurrently, a series of important economic events and corporate earnings reports are anticipated in the United States, Europe, Asia, and Russia. This combination of "crypto unlocks" and macroeconomic factors could influence sentiment among participants in both the cryptocurrency market and traditional financial markets. Below is an analysis of cryptocurrencies and a summary of key events for the week, including token data and an economic publication and earnings report calendar by day.
Major Token Unlocks of the Week
During the week, seven projects will conduct significant token unlocks. This means an increase in the supply of the respective tokens in the market, which could theoretically exert downward pressure on their prices, especially if the volume is substantial relative to market capitalization. Below is data for each token – the unlock date, volume, percentage of market capitalization, estimated dollar value, 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 XPL (Plasma), at around $18 million, representing ~4.9% of its market capitalization. However, the most impactful event for the market may be the unlock of WCT (WalletConnect): the unlock of ~$14.8 million amounts to nearly 70% of this token’s current market capitalization, indicating potentially strong price pressure on WCT if holders of the new tokens choose to sell. In other cases, the issuance percentages are 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. Overall, significant token unlocks often lead to short-term volatility: the influx of new coins can lower prices if new demand from investors does not grow proportionally. Conversely, positive news or strong fundamental value from projects (such as OP, a leader in Layer 2 solutions) may help the market absorb the new supply without long-term detriment.
November 24, 2025 (Monday)
- No major macroeconomic indicators are scheduled for release. Additionally, there are no earnings reports from major companies, as markets take 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 reflect household confidence and may influence investor sentiment in the stock market and indirectly impact interest in risk assets, including cryptocurrencies.
- Quarterly Earnings Reports: Several major companies will present financial results, including tech 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 also 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: Release of the Consumer Price Index (CPI) for Q3. Inflation data in Australia is essential 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 expected (analysts forecast that 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 index figures. The revised GDP figures will indicate how resilient economic growth was in the past quarter, while the PCE index (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 cryptocurrency markets.
November 27, 2025 (Thursday)
- Japan: Tokyo's Consumer Price Index for November. This indicator serves as a leading indicator for national inflation in Japan; an acceleration in price growth could heighten expectations for tightening by the Bank of Japan. Any surprises in CPI data can influence the yen's exchange rate and Asian markets.
- USA: National holiday, Thanksgiving Day. American financial markets are closed, with no trading taking place. Trading volumes on global markets may be reduced, and volatility might increase due to low liquidity. Investors will use this day to assess the week’s intermediate 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 be monitoring retail sales volumes on this day: a successful sales kickoff may support retailer stocks and overall market optimism, while weak results may raise concerns about consumer demand.
- Europe: Important statistical data will be released. In Germany, retail sales figures for October will be published, along with preliminary estimates for 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 GDP data for Q3 (along with monthly GDP for September). The data will indicate the state of the Canadian economy against the backdrop of changing raw material prices. 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 economic events or corporate report publications are scheduled for this Saturday. Markets are awaiting data from China and other events for Sunday, as traders assess the week’s outcomes and prepare for the start of 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 heighten concerns regarding 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 provide 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 be reflected in energy prices and, consequently, in the stocks of oil and gas companies and the overall dynamics of market indices.
Conclusions for Investors
The week of November 24–30, 2025, promises to be rich in information, combining events from the cryptocurrency market and traditional economy. Major token unlocks are attracting the attention of crypto investors: the increase in supply of several altcoins may short-term volatility and price pressure. It is particularly important to consider extreme cases, such as with WalletConnect (WCT), where the volume of unlock is comparable to current market capitalization – the market's reaction to such an event will be a test of liquidity and investor confidence in the project. Meanwhile, moderate crypto unlocks (such as Optimism) are likely to proceed without significant upheaval if the overall sentiment in the cryptocurrency market remains favorable.
The macroeconomic indicators for the week and corporate earnings reports from major companies will constitute important "economic events" for global investors. Data on inflation (U.S., Europe, Asia) and central bank decisions (New Zealand) will help shape expectations regarding interest rates and economic growth, directly influencing 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 will likely set the direction for stock indices and, through investor sentiment, indirectly impact digital assets. Therefore, it is crucial for cryptocurrency market investors to consider not only internal factors (token unlocks and project news) but also external circumstances – economic statistics and corporate news. The combination of these factors will define the level of volatility and general market trends as November concludes. A well-informed evaluation and timely analysis of cryptocurrencies and traditional assets will assist investors in making balanced decisions during such an eventful week.
