Recently, a striking phenomenon in the cryptocurrency market is the significant rise in online search volume for XRP, which has even surpassed Bitcoin and Ethereum during certain time periods. There are multiple driving factors behind this trend that are worth exploring in depth.

Firstly, the strong performance of XRP's price is the main reason for the attention it has drawn. Recently, XRP not only achieved a significant price rise but also broke through the historical high set in 2018. There are reports in the market that XRP reached a high of about $3.64 in mid-July, and the daily trading volume also increased significantly. This rapid price surge has naturally attracted the attention of many investors, prompting more people to begin searching for and understanding information related to XRP.

Secondly, the significant increase in network activity of the XRP Ledger (XRPL) is also an important factor. Data shows that the daily transaction volume of XRPL has repeatedly surpassed the $1 billion mark, setting new highs in recent months. At the same time, the number of new active accounts has also shown a clear upward trend. These improvements in indicators not only reflect the expansion of the actual use cases for XRP but also suggest that its network utility is gradually increasing, rather than being driven solely by speculative behavior.

In addition, the development at the institutional level has also brought more attention to XRP. The news that Ripple has applied to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter is seen by the market as an important catalyst for XRP's future development. This move could open new doors for XRP's application in the traditional financial system. Meanwhile, the Chicago Mercantile Exchange (CME Group) launched XRP futures on May 18, which undoubtedly increased the channels for institutional investors to participate in the XRP market, further enhancing its influence in the professional investment field.

Overall, the surge in XRP search volume is the result of multiple factors working together. The market enthusiasm brought by price breakthroughs, substantial growth in network activity, and positive developments at the institutional level are all driving more people to pay attention to and understand this encryption asset. However, investors should also be aware that the cryptocurrency market is inherently volatile, and they should act cautiously when making any investment decisions, fully assessing the risks.