Scallop (SCA), a decentralized finance (DeFi) project operating on the Sui (SUI) blockchain, has experienced a significant price surge in the last 24 hours. According to CoinMarketCap data, SCA's price has increased by 41%, reaching $0.1248. This impressive growth makes Scallop the top-performing cryptocurrency within the Sui ecosystem for the day. The surge in SCA's price appears to be linked to a substantial portion of its circulating supply being locked up. Currently, 41% of the total circulating SCA is locked, with approximately 46 million SCA tokens committed for a lengthy period of 3.76 years. This lockup reduces the available supply on exchanges, potentially driving up demand and, consequently, the price. Scallop aims to provide secure and efficient lending and borrowing services within the Sui ecosystem. The lockup mechanism could indicate strong community confidence in the project's long-term prospects. ```