diff --git a/Cargo.lock b/Cargo.lock
index ea57a4a9dd..fae3d695d7 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -998,7 +998,7 @@ checksum = "0198b9d0078e0f30dedc7acbb21c974e838fc8fae3ee170128658a98cb2c1c04"
 
 [[package]]
 name = "examples"
-version = "0.4.3"
+version = "0.5.0"
 dependencies = [
  "chrono",
  "itertools",
@@ -1672,7 +1672,7 @@ dependencies = [
 
 [[package]]
 name = "js-raphtory"
-version = "0.4.3"
+version = "0.5.0"
 dependencies = [
  "chrono",
  "console_error_panic_hook",
@@ -2749,7 +2749,7 @@ dependencies = [
 
 [[package]]
 name = "raphtory"
-version = "0.4.3"
+version = "0.5.0"
 dependencies = [
  "arrow2",
  "bincode",
@@ -2798,7 +2798,7 @@ dependencies = [
 
 [[package]]
 name = "raphtory-benchmark"
-version = "0.4.3"
+version = "0.5.0"
 dependencies = [
  "criterion",
  "rand 0.8.5",
@@ -2809,7 +2809,7 @@ dependencies = [
 
 [[package]]
 name = "raphtory-graphql"
-version = "0.4.3"
+version = "0.5.0"
 dependencies = [
  "async-graphql",
  "async-graphql-poem",
@@ -2835,7 +2835,7 @@ dependencies = [
 
 [[package]]
 name = "raphtory-pymodule"
-version = "0.4.3"
+version = "0.5.0"
 dependencies = [
  "openssl",
  "pyo3",
@@ -2847,7 +2847,7 @@ dependencies = [
 
 [[package]]
 name = "raphtory-rust-benchmark"
-version = "0.4.3"
+version = "0.5.0"
 dependencies = [
  "chrono",
  "clap 4.3.11",
diff --git a/Cargo.toml b/Cargo.toml
index e56e259890..08d68f9dac 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -11,7 +11,7 @@ members = [
 default-members = ["raphtory"]
 
 [workspace.package]
-version = "0.4.3"
+version = "0.5.0"
 documentation = "https://raphtory.readthedocs.io/en/latest/"
 repository = "https://github.com/Raphtory/raphtory/"
 license = "GPL-3.0"
diff --git a/comparison-benchmark/rust/raphtory-rust-benchmark/Cargo.toml b/comparison-benchmark/rust/raphtory-rust-benchmark/Cargo.toml
index 77104c38f9..fc72fe9f98 100644
--- a/comparison-benchmark/rust/raphtory-rust-benchmark/Cargo.toml
+++ b/comparison-benchmark/rust/raphtory-rust-benchmark/Cargo.toml
@@ -15,7 +15,7 @@ homepage.workspace = true
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
 
 [dependencies]
-raphtory = { path = "../../../raphtory", version = "0.4.3", package = "raphtory", features = ["io"] }
+raphtory = { path = "../../../raphtory", version = "0.5.0", package = "raphtory", features = ["io"] }
 chrono = { version = "0.4", features = ["serde"] }
 serde = { version = "1", features = ["derive","rc"] }
 clap = { version = "4.3.11", features = ["derive"] }
diff --git a/python/Cargo.toml b/python/Cargo.toml
index 13cdb06047..590a3e241c 100644
--- a/python/Cargo.toml
+++ b/python/Cargo.toml
@@ -20,8 +20,8 @@ crate-type = ["cdylib"]
 [dependencies]
 pyo3 =  {version= "0.18.3", features=["multiple-pymethods", "chrono"]}
 pyo3-asyncio = { version = "0.18", features = ["tokio-runtime"] }
-raphtory_core = {path = "../raphtory", version = "0.4.3", features=["python"], package="raphtory" }
-raphtory-graphql = {path = "../raphtory-graphql", version = "0.4.3"}
+raphtory_core = {path = "../raphtory", version = "0.5.0", features=["python"], package="raphtory" }
+raphtory-graphql = {path = "../raphtory-graphql", version = "0.5.0" }
 openssl = { version = "0.10", features = ["vendored"] } # DO NOT REMOVE IT BREAKS PYTHON RELEASE
 
 
diff --git a/raphtory-graphql/Cargo.toml b/raphtory-graphql/Cargo.toml
index 4337ec4b33..721b28084f 100644
--- a/raphtory-graphql/Cargo.toml
+++ b/raphtory-graphql/Cargo.toml
@@ -13,7 +13,7 @@ readme.workspace = true
 homepage.workspace = true
 
 [dependencies]
-raphtory = { path = "../raphtory", version = "0.4.3" }
+raphtory = { path = "../raphtory", version = "0.5.0" }
 
 dotenv = "0.15.0"
 itertools = "0.10"