diff --git a/Cargo.lock b/Cargo.lock
index 73276416b..20b98771f 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1522,7 +1522,7 @@ dependencies = [
 
 [[package]]
 name = "preflight"
-version = "0.1.0"
+version = "0.5.0"
 dependencies = [
  "libc",
  "sha2 0.10.6",
@@ -2101,7 +2101,7 @@ dependencies = [
 
 [[package]]
 name = "soroban-cli"
-version = "0.4.0"
+version = "0.5.0"
 dependencies = [
  "assert_cmd",
  "assert_fs",
@@ -2462,14 +2462,14 @@ checksum = "95059e91184749cb66be6dc994f67f182b6d897cb3df74a5bf66b5e709295fd8"
 
 [[package]]
 name = "test_custom_types"
-version = "0.3.1"
+version = "0.5.0"
 dependencies = [
  "soroban-sdk",
 ]
 
 [[package]]
 name = "test_hello_world"
-version = "0.4.0"
+version = "0.5.0"
 dependencies = [
  "soroban-sdk",
 ]
diff --git a/cmd/soroban-cli/Cargo.toml b/cmd/soroban-cli/Cargo.toml
index fb1b1374b..fe553a628 100644
--- a/cmd/soroban-cli/Cargo.toml
+++ b/cmd/soroban-cli/Cargo.toml
@@ -6,7 +6,7 @@ repository = "https://github.com/stellar/soroban-cli"
 authors = ["Stellar Development Foundation <info@stellar.org>"]
 license = "Apache-2.0"
 readme = "README.md"
-version = "0.4.0"
+version = "0.5.0"
 edition = "2021"
 rust-version = "1.67"
 autobins = false
diff --git a/cmd/soroban-cli/tests/fixtures/test-wasms/custom_type/Cargo.toml b/cmd/soroban-cli/tests/fixtures/test-wasms/custom_type/Cargo.toml
index 66479b9e5..2631ecdf7 100644
--- a/cmd/soroban-cli/tests/fixtures/test-wasms/custom_type/Cargo.toml
+++ b/cmd/soroban-cli/tests/fixtures/test-wasms/custom_type/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "test_custom_types"
-version = "0.3.1"
+version = "0.5.0"
 authors = ["Stellar Development Foundation <info@stellar.org>"]
 license = "Apache-2.0"
 edition = "2021"
diff --git a/cmd/soroban-cli/tests/fixtures/test-wasms/hello_world/Cargo.toml b/cmd/soroban-cli/tests/fixtures/test-wasms/hello_world/Cargo.toml
index 9659aeb32..a2bb0a7e4 100644
--- a/cmd/soroban-cli/tests/fixtures/test-wasms/hello_world/Cargo.toml
+++ b/cmd/soroban-cli/tests/fixtures/test-wasms/hello_world/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "test_hello_world"
-version = "0.4.0"
+version = "0.5.0"
 authors = ["Stellar Development Foundation <info@stellar.org>"]
 license = "Apache-2.0"
 edition = "2021"
diff --git a/cmd/soroban-rpc/lib/preflight/Cargo.toml b/cmd/soroban-rpc/lib/preflight/Cargo.toml
index d82a7c098..9abe27e44 100644
--- a/cmd/soroban-rpc/lib/preflight/Cargo.toml
+++ b/cmd/soroban-rpc/lib/preflight/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "preflight"
-version = "0.1.0"
+version = "0.5.0"
 
 [lib]
 crate-type = ["staticlib"]