diff --git a/subxt/Cargo.toml b/subxt/Cargo.toml
index 9467578858..5b246ee999 100644
--- a/subxt/Cargo.toml
+++ b/subxt/Cargo.toml
@@ -29,7 +29,7 @@ jsonrpsee-web = ["jsonrpsee/async-wasm-client", "jsonrpsee/client-web-transport"
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false, features = ["derive", "full"] }
 scale-info = "2.0.0"
-scale-value = "0.6.0"
+scale-value = "0.7.0"
 scale-bits = "0.3"
 scale-decode = "0.4.0"
 futures = { version = "0.3.13", default-features = false }