diff --git a/npm-packages/cadence-parser/package.json b/npm-packages/cadence-parser/package.json
index bce9c0aabf..3d91318063 100644
--- a/npm-packages/cadence-parser/package.json
+++ b/npm-packages/cadence-parser/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@onflow/cadence-parser",
-  "version": "1.1.0-preview.52",
+  "version": "1.2.0-preview.52",
   "description": "The Cadence parser",
   "homepage": "https://github.com/onflow/cadence",
   "repository": {
diff --git a/version.go b/version.go
index 27ab641f5d..3ebbeae8ff 100644
--- a/version.go
+++ b/version.go
@@ -21,4 +21,4 @@
 
 package cadence
 
-const Version = "v1.1.0"
+const Version = "v1.2.0"