diff --git a/pyproject.toml b/pyproject.toml
index f2a351273..585e91cfe 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -5,7 +5,7 @@ build-backend = "setuptools.build_meta"
 
 [project]
 name = "libp2p"
-version = "0.6.0"
+version = "0.7.0"
 description = "libp2p: The Python implementation of the libp2p networking stack"
 readme = "README.md"
 requires-python = ">=3.10, <4.0"