Solana token unlocks in November 2026 include releases for $TRUMP, $PUMP, $CARDS, $JTO, and $2Z. An unlock is a scheduled increase in tradeable supply, but it is not automatically bearish.
Its impact depends on the unlock size relative to circulating supply, who receives the tokens, liquidity depth, and whether the market has already priced it in.
Here is the November schedule, based on SolanaFloor’s snapshot:
TokenUnlock typeTokens releasedValue at snapshot

$TRUMP has the largest relative supply increase this month at about 9.62%. $PUMP is large in absolute terms but adds only about 1.47% to circulating supply.
$CARDS is the clearest cliff unlock, with 59.26 million tokens releasing on November 29. A cliff release concentrates supply on one date, while linear vesting spreads it over time.
$JTO is nearing the end of scheduled emissions. Ending emissions removes a recurring supply overhang, but it does not guarantee demand, utility, or a higher price.
$2Z is in its first month of linear vesting after October’s large cliff release. November’s 133.44 million tokens are a small part of a longer vesting program that runs through October 2029.
For token creators, the lesson is simple: publish the vesting schedule before launch, use a verifiable vesting contract, match unlocks to liquidity plans, and avoid surprise mints.
Buyers can price a known schedule. They cannot price a surprise.
Not financial advice. DYOR.
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