diff --git a/bal_tools/requirements.txt b/bal_tools/requirements.txt
index 2303b56..495d71e 100644
--- a/bal_tools/requirements.txt
+++ b/bal_tools/requirements.txt
@@ -1,5 +1,5 @@
 wheel
-web3>=7.16.0
+web3>=8.0.0
 pathlib>=1.0.1
 numpy==1.26.4
 pandas