Ripple's XRP has seen increased adoption from multiple cryptocurrency exchanges, including BitMEX and Bitrue, boosting its accessibility and trading options ahead of a major legal trial with the SEC. The asset's price has risen by 5%, with experts predicting a significant surge in the near future due to technical analysis and market conditions.

The recent wave of support from exchanges comes approximately a month before the grand trial between Ripple and the US Securities and Exchange Commission (SEC). This mass backing from industry leaders could increase the asset's legitimacy, liquidity, and accessibility, attracting more investors.

Analysts remain optimistic that XRP is poised for a substantial move to the upside next month, with some setting a $1 price target due to hitting previously depicted resistance zones. The bullish market conditions could trigger a price spike of around $1.40 next month.