diff --git a/setup.py b/setup.py
index df6613283..b02765a58 100644
--- a/setup.py
+++ b/setup.py
@@ -218,7 +218,7 @@ def _download_and_extract_local_driver(
     ],
     include_package_data=True,
     install_requires=[
-        "greenlet==3.0.3",
+        "greenlet==3.1.0",
         "pyee==12.0.0",
     ],
     # TODO: Can be removed once we migrate to pypa/build or pypa/installer.