Solana Ecosystem Token Unlocks: What to Watch in November 2026

A breakdown of upcoming token releases across the Solana ecosystem, alongside the market developments shaping major projects.

Pablo

Published:

November 2026 brings another round of token unlocks across the Solana ecosystem, with $TRUMP, $PUMP, and $CARDS leading the schedule by dollar value. The month also marks important milestones for $2Z and $JTO, as both projects approach new phases in their respective token distribution schedules.

Here is a breakdown of the most notable token unlocks scheduled for November 2026.
November Token Unlocks

$TRUMP

The Official Trump token will release 27.12 million $TRUMP through linear vesting during November, valued at approximately $44.48 million. The distribution represents 9.62% of circulating supply and 2.71% of total supply, making it the month's largest unlock by dollar value.

$PUMP

Pump.fun will unlock 6.77 billion $PUMP through linear vesting, valued at approximately $27.67 million. The release represents 1.47% of circulating supply and 0.67% of total supply.

The distribution comes as Pump.fun continues to dominate Solana's application revenue. The platform generated approximately $62 million in October and remains the leading launchpad across all chains, surpassing competitors in monthly revenue and token launch graduates since July 2025.

Pump.fun also continues its token buyback and burn program. Over the past 7 days, the platform bought back and burned approximately $5.02 million worth of $PUMP. Cumulative buybacks have reached $499.82 million, representing 17.5% of the token's total supply.

$CARDS

Collector Crypt will unlock 59.26 million $CARDS on November 29, valued at approximately $13.51 million. The release represents 6.69% of circulating supply and 3% of total supply.

October marked the platform's strongest financial performance, with approximately $17.4 million in net revenue and $10.86 million in gross profit, according to Blockworks data.

Collector Crypt October

A major contributor was Pump.fun's October 19 integration of Collector Crypt's Gacha pack-opening feature and trading card marketplace. The integration allowed Pump.fun users to purchase randomized packs containing tokenized trading cards, trade individual cards, and redeem eligible cards for physical collectibles.

$2Z

DoubleZero will unlock 133.44 million $2Z through linear vesting during November, valued at approximately $3.25 million. The release represents 2.53% of circulating supply and 1.33% of total supply.

November marks the first month following the expiration of $2Z's initial 1.66 billion token cliff unlock in October. The remaining allocation will gradually enter circulation through a 3-year linear vesting schedule running through October 2029.

$JTO

Jito will unlock 18.02 million $JTO through linear vesting during November, valued at approximately $6.55 million. The distribution represents 3.34% of circulating supply and 1.80% of total supply.

November also marks the penultimate month before scheduled $JTO emissions stop, making the next 2 months particularly important for tracking the protocol's remaining token distributions.

Jto

$MET

Meteora will unlock 7.33 million $MET on November 23, valued at approximately $2.05 million. The release represents 1.29% of circulating supply and 0.73% of total supply.

The protocol recently announced DLMM Pro, a new automated market maker combining features from DLMM, DAMM V2, and Dynamic Bonding Curve (DBC).

Meteora also launched its Season 2 Expert Contributors allocation checker. The initiative allocates 6 million $MET, equivalent to 0.6% of total supply, to educators, builders, and contributors under its LP Stimulus Plan.

What to Watch

November's unlock schedule features substantial releases from $TRUMP, $PUMP, and $CARDS, while $LAYER stands out with an 18.35% increase relative to its circulating supply.

Beyond the scheduled releases, October's revenue figures highlight the growing importance of consumer applications to Solana. Pump.fun's integration with Collector Crypt demonstrates how distribution partnerships can translate into increased platform activity and revenue.

Meanwhile, $2Z enters its first month of post-cliff linear vesting, and $JTO approaches the end of its scheduled emissions.

As always, token unlocks do not guarantee price movement. However, they remain an important metric for understanding changes in circulating supply, liquidity conditions, and potential short-term market dynamics across the Solana ecosystem.