Why hasn't the price of XRP increased after winning against the U.S. SEC?

The price of XRP hasn't surged significantly despite Ripple's major victory against the U.S. SEC for several reasons:

After the lawsuit concluded, many investors remain cautious. They are waiting for clearer signals from the SEC on how to regulate digital assets before making large investment decisions. The absence of an official stance from the SEC has hindered an immediate price increase.

The SEC's decision to dismiss the lawsuit has not fully clarified matters for Ripple. Despite the victory, there are still many potential legal issues. For example, Ripple may appeal or could reach another settlement with the SEC.

The cryptocurrency market, in general, is in a state of "fear" with the Fear and Greed Index at low levels, which also affects the price of XRP. Market volatility can make investors more cautious.

In other words, despite a significant legal victory, psychological factors and the current market situation remain major barriers to the price increase of XRP.