diff --git a/Cargo.lock b/Cargo.lock
index f4157361ab..e8abb6090f 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -5954,7 +5954,7 @@ dependencies = [
 
 [[package]]
 name = "nym-node"
-version = "1.1.13"
+version = "1.2.0"
 dependencies = [
  "anyhow",
  "bip39",
diff --git a/nym-node/Cargo.toml b/nym-node/Cargo.toml
index 2653ac5f84..897a70cb0c 100644
--- a/nym-node/Cargo.toml
+++ b/nym-node/Cargo.toml
@@ -3,7 +3,7 @@
 
 [package]
 name = "nym-node"
-version = "1.1.13"
+version = "1.2.0"
 authors.workspace = true
 repository.workspace = true
 homepage.workspace = true