ActiveRoles 7.5.3 and Exchange Online 3.1.0 (REST-backed)

Have just been made aware that Microsoft has announced the Deprecation of Remote PowerShell (RPS) Protocol in Exchange Online PowerShell starting June 1, 2023. Our current production ARS environment runs v7.5.3 and Exchange Online v2.0.5. Can we upgrade Exchange Online to v3.1.0 on our current ARS v7.5.3 servers? If not then what is the best strategy to ensure we do not have issues after the deprecation of RPS?