Scallop (SCA)
1. Fundamental Analysis
1.1 Introduce
Scallop is the pioneering Next Generation peer-to-peer Money Market for the Sui ecosystem and is also the first DeFi protocol to receive an official grant from the Sui Foundation. By emphasizing institutional-grade quality, enhanced composability, and robust security, we are dedicated to building a dynamic money market that offers high-interest lending, low-fee borrowing, AMM, and UI tools for programmable transactions on a unified platform and offering an SDK for professional traders.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | SCA | Market Cap | 9683115.8643 |
| Name | Scallop | White Paper | -- |
| Web Site | https://scallop.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.sui.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 250000000 | |
| Supply | 250000000 | Release Date | 2023-03-08 |
| Available Supply | 35508309 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.2688 | 0.2734 | 0.2685 | 0.2713 | 11286.451525 |
| 2024-12-31 | 0.271 | 0.2857 | 0.2662 | 0.2684 | 121492.977274 |
| 2024-12-30 | 0.2593 | 0.2804 | 0.257 | 0.2718 | 117056.962151 |
| 2024-12-29 | 0.2713 | 0.2765 | 0.2565 | 0.2595 | 688754.043908 |
| 2024-12-28 | 0.2744 | 0.3334 | 0.2552 | 0.2709 | 2704313.657933 |
| 2024-12-27 | 0.2786 | 0.2963 | 0.272 | 0.2744 | 260487.912203 |
| 2024-12-26 | 0.2942 | 0.3376 | 0.2673 | 0.2786 | 2219845.493691 |
| 2024-12-25 | 0.3169 | 0.3188 | 0.291 | 0.2936 | 128622.632316 |
| 2024-12-24 | 0.3058 | 0.3234 | 0.2952 | 0.3173 | 65214.943703 |
| 2024-12-23 | 0.28 | 0.3106 | 0.2747 | 0.3069 | 62729.70201 |
| 2024-12-22 | 0.2794 | 0.2944 | 0.2722 | 0.2818 | 69947.788301 |
| 2024-12-21 | 0.3049 | 0.3417 | 0.2762 | 0.2811 | 143998.064716 |
| 2024-12-20 | 0.3057 | 0.3439 | 0.2497 | 0.3048 | 307991.369753 |
| 2024-12-19 | 0.3231 | 0.3348 | 0.2925 | 0.3092 | 119771.956321 |
| 2024-12-18 | 0.3725 | 0.3733 | 0.3105 | 0.3231 | 181576.644141 |
| 2024-12-17 | 0.3929 | 0.4091 | 0.3637 | 0.3718 | 196202.647263 |
| 2024-12-16 | 0.4141 | 0.4277 | 0.3888 | 0.3941 | 109520.716964 |
| 2024-12-15 | 0.3983 | 0.4185 | 0.3769 | 0.4138 | 181771.680097 |
| 2024-12-14 | 0.4281 | 0.4405 | 0.3912 | 0.3985 | 152371.699756 |
| 2024-12-13 | 0.4131 | 0.4646 | 0.407 | 0.4277 | 286757.98598 |
| 2024-12-12 | 0.3996 | 0.4405 | 0.3986 | 0.4122 | 302119.398964 |
| 2024-12-11 | 0.3616 | 0.4211 | 0.3448 | 0.4002 | 168590.659919 |
| 2024-12-10 | 0.3795 | 0.3873 | 0.3271 | 0.363 | 153091.479295 |
| 2024-12-09 | 0.4851 | 0.4852 | 0.3505 | 0.3817 | 243112.628705 |
| 2024-12-08 | 0.4701 | 0.5104 | 0.467 | 0.4871 | 362228.446316 |
| 2024-12-07 | 0.455 | 0.48 | 0.4474 | 0.4694 | 219095.099431 |
| 2024-12-06 | 0.4189 | 0.4641 | 0.4161 | 0.4579 | 133860.134496 |
| 2024-12-05 | 0.414 | 0.4553 | 0.3923 | 0.4222 | 239018.253263 |
| 2024-12-04 | 0.3996 | 0.4384 | 0.3967 | 0.4159 | 148046.580585 |
| 2024-12-03 | 0.3786 | 0.4046 | 0.3598 | 0.3963 | 115010.464789 |
2.2 Analysis
The 30-day OHLCV data suggests a short-term bearish trend reversal is possible after a period of upward movement. Medium-term price action indicates potential consolidation or sideways movement, followed by a possible resumption of an upward trend, contingent upon significant buying pressure. Volatility is expected to remain moderate to high in the near term. Long-term projections are uncertain based solely on this data, requiring further analysis.
3. News Analysis
3.1 News
20241221
- Scallop: Total revenue exceeds $3.5 million, $100,000 loyalty program is about to start ↑
20241206
- Data: Scallop Revenue Reaches $3 Million, TVL Grows to $186 Million ↑
- Scallop protocol revenue exceeds $3 million ↑
3.2 Analysis
Scallop s rapid revenue growth trajectory indicates a highly successful product-market fit and strong user adoption. The impending loyalty program launch suggests a proactive strategy to enhance user retention and engagement, further solidifying its market position. Combined with the substantial increase in Total Value Locked (TVL), this data projects continued, significant revenue expansion for Scallop in 2025, positioning it as a major player in its respective market segment. Further growth is likely driven by increasing user base and broader market adoption of its services, reinforcing its financial stability and market leadership potential. The data strongly suggests a positive outlook with substantial continued growth expected. Scallop s strategic approach, evident in the loyalty program initiative, will likely contribute to sustained market share dominance and further revenue expansion. The trend suggests continued financial success and robust market position for Scallop in the foreseeable future.
