diff --git a/packages/shared-base/package.json b/packages/shared-base/package.json
index 31e3e4640ef4..dc095bc7cc72 100644
--- a/packages/shared-base/package.json
+++ b/packages/shared-base/package.json
@@ -38,7 +38,7 @@
     "tiny-secp256k1": "^2.2.1",
     "typeson": "^7.0.2",
     "typeson-registry": "^3.0.0",
-    "web3-utils": "1.8.0",
+    "web3-utils": "1.9.0",
     "z-schema": "^5.0.3"
   },
   "devDependencies": {