diff --git a/Cargo.lock b/Cargo.lock
index 44cbaada..b889f154 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -5219,9 +5219,9 @@ dependencies = [
 
 [[package]]
 name = "parity-scale-codec"
-version = "3.6.12"
+version = "3.7.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "306800abfa29c7f16596b5970a588435e3d5b3149683d00c12b699cc19f895ee"
+checksum = "8be4817d39f3272f69c59fe05d0535ae6456c2dc2fa1ba02910296c7e0a5c590"
 dependencies = [
  "arrayvec",
  "bitvec",
@@ -5229,6 +5229,7 @@ dependencies = [
  "bytes",
  "impl-trait-for-tuples",
  "parity-scale-codec-derive",
+ "rustversion",
  "serde",
 ]
 
@@ -7798,9 +7799,9 @@ dependencies = [
 
 [[package]]
 name = "serde_json"
-version = "1.0.132"
+version = "1.0.133"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d726bfaff4b320266d395898905d0eba0345aae23b54aee3a737e260fd46db03"
+checksum = "c7fceb2473b9166b2294ef05efcb65a3db80803f0b03ef86a5fc88a2b85ee377"
 dependencies = [
  "itoa",
  "memchr",
diff --git a/Cargo.toml b/Cargo.toml
index 8af3eec8..27ad3553 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -10,7 +10,7 @@ resolver = "2"
 # non-substrate dependencies #
 ##############################
 serde = { version = "1.0.215", default-features = false }
-serde_json = { version = "1.0.132", default-features = false }
+serde_json = { version = "1.0.133", default-features = false }
 clap = { version = "4.5.21", features = ["derive"] }
 futures = { version = "0.3.31", features = ["thread-pool"] }
 bs58 = "0.5.1"
@@ -29,7 +29,7 @@ strum_macros = { version = "0.26.4", default-features = false }
 #################################################################
 jsonrpsee = { version = "0.22.3" }
 scale-info = { version = "2.11.5", default-features = false }
-parity-scale-codec = { version = "3.6.12", default-features = false }
+parity-scale-codec = { version = "3.7.0", default-features = false }
 
 ###################################
 # substrate dependencies from git #