diff --git a/package-lock.json b/package-lock.json
index b08e97f..8e4cc60 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -9,18 +9,18 @@
       "version": "1.0.0",
       "license": "ISC",
       "dependencies": {
-        "@polkadot/api": "^10.12.6",
+        "@polkadot/api": "^10.13.1",
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         "chai": "^5.1.0",
         "dotenv": "^16.4.5",
-        "ethers": "^6.11.1",
+        "ethers": "^6.12.0",
         "fs": "^0.0.1-security",
-        "hardhat": "^2.22.2",
+        "hardhat": "^2.22.3",
         "mocha": "^10.4.0",
         "solc": "^0.8.25",
-        "web3": "^4.7.0"
+        "web3": "^4.8.0"
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@@ -473,28 +473,26 @@
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-        "@nomicfoundation/edr-win32-ia32-msvc": "0.3.3",
-        "@nomicfoundation/edr-win32-x64-msvc": "0.3.3"
+        "@nomicfoundation/edr-darwin-arm64": "0.3.5",
+        "@nomicfoundation/edr-darwin-x64": "0.3.5",
+        "@nomicfoundation/edr-linux-arm64-gnu": "0.3.5",
+        "@nomicfoundation/edr-linux-arm64-musl": "0.3.5",
+        "@nomicfoundation/edr-linux-x64-gnu": "0.3.5",
+        "@nomicfoundation/edr-linux-x64-musl": "0.3.5",
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@@ -507,9 +505,9 @@
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@@ -522,9 +520,9 @@
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@@ -537,9 +535,9 @@
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@@ -552,9 +550,9 @@
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@@ -567,9 +565,9 @@
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@@ -581,40 +579,10 @@
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@@ -963,22 +931,22 @@
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-        "@polkadot/api-base": "10.12.6",
-        "@polkadot/api-derive": "10.12.6",
+        "@polkadot/api-augment": "10.13.1",
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-        "@polkadot/types-create": "10.12.6",
-        "@polkadot/types-known": "10.12.6",
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@@ -5874,9 +5828,9 @@
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@@ -7011,9 +6965,9 @@
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@@ -7217,13 +7171,13 @@
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-      "resolved": "https://registry.npmjs.org/hardhat/-/hardhat-2.22.2.tgz",
-      "integrity": "sha512-0xZ7MdCZ5sJem4MrvpQWLR3R3zGDoHw5lsR+pBFimqwagimIOn3bWuZv69KA+veXClwI1s/zpqgwPwiFrd4Dxw==",
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+      "resolved": "https://registry.npmjs.org/hardhat/-/hardhat-2.22.3.tgz",
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-        "@nomicfoundation/edr": "^0.3.1",
+        "@nomicfoundation/edr": "^0.3.5",
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@@ -8359,16 +8313,16 @@
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-        "web3-eth-abi": "^4.2.0",
-        "web3-eth-accounts": "^4.1.1",
-        "web3-eth-contract": "^4.3.0",
+        "web3-eth": "^4.6.0",
+        "web3-eth-abi": "^4.2.1",
+        "web3-eth-accounts": "^4.1.2",
+        "web3-eth-contract": "^4.4.0",
         "web3-eth-ens": "^4.2.0",
         "web3-eth-iban": "^4.0.7",
         "web3-eth-personal": "^4.0.8",
@@ -8376,8 +8330,8 @@
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         "web3-providers-ws": "^4.0.7",
         "web3-rpc-methods": "^1.2.0",
-        "web3-types": "^1.5.0",
-        "web3-utils": "^4.2.2",
+        "web3-types": "^1.6.0",
+        "web3-utils": "^4.2.3",
         "web3-validator": "^2.0.5"
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@@ -8406,60 +8360,60 @@
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-      "resolved": "https://registry.npmjs.org/web3-eth/-/web3-eth-4.5.0.tgz",
-      "integrity": "sha512-crisE46o/SHMVm+XHAXEaR8k76NCImq+hi0QQEJ+VaLZbDobI/Gvog1HwTukDUDRgnYSAFGqD0cTRyAwDurwpA==",
+      "version": "4.6.0",
+      "resolved": "https://registry.npmjs.org/web3-eth/-/web3-eth-4.6.0.tgz",
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         "web3-errors": "^1.1.4",
-        "web3-eth-abi": "^4.2.0",
-        "web3-eth-accounts": "^4.1.1",
+        "web3-eth-abi": "^4.2.1",
+        "web3-eth-accounts": "^4.1.2",
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         "web3-providers-ws": "^4.0.7",
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-        "web3-types": "^1.5.0",
-        "web3-utils": "^4.2.1",
-        "web3-validator": "^2.0.4"
+        "web3-types": "^1.6.0",
+        "web3-utils": "^4.2.3",
+        "web3-validator": "^2.0.5"
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     "web3-eth-abi": {
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-      "resolved": "https://registry.npmjs.org/web3-eth-abi/-/web3-eth-abi-4.2.0.tgz",
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+      "version": "4.2.1",
+      "resolved": "https://registry.npmjs.org/web3-eth-abi/-/web3-eth-abi-4.2.1.tgz",
+      "integrity": "sha512-IE91WUhhiDpBtbkl/DHUoZz7z7T5FXvl3zPLkrxT+dNlOT+wni+US/67jQCLvJRbqf9ApQ26lVYry0bovFgyqA==",
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-        "web3-types": "^1.3.1",
-        "web3-utils": "^4.1.1",
-        "web3-validator": "^2.0.4"
+        "web3-types": "^1.6.0",
+        "web3-utils": "^4.2.3",
+        "web3-validator": "^2.0.5"
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     "web3-eth-accounts": {
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-      "resolved": "https://registry.npmjs.org/web3-eth-accounts/-/web3-eth-accounts-4.1.1.tgz",
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+      "version": "4.1.2",
+      "resolved": "https://registry.npmjs.org/web3-eth-accounts/-/web3-eth-accounts-4.1.2.tgz",
+      "integrity": "sha512-y0JynDeTDnclyuE9mShXLeEj+BCrPHxPHOyPCgTchUBQsALF9+0OhP7WiS3IqUuu0Hle5bjG2f5ddeiPtNEuLg==",
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         "ethereum-cryptography": "^2.0.0",
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-        "web3-types": "^1.3.1",
-        "web3-utils": "^4.1.1",
-        "web3-validator": "^2.0.4"
+        "web3-types": "^1.6.0",
+        "web3-utils": "^4.2.3",
+        "web3-validator": "^2.0.5"
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     },
     "web3-eth-contract": {
-      "version": "4.3.0",
-      "resolved": "https://registry.npmjs.org/web3-eth-contract/-/web3-eth-contract-4.3.0.tgz",
-      "integrity": "sha512-4fzSklA65zUn6SthU3T3tbVJacfP8/wkJmCuvmPaf2ZTFdnhsF96G5IQtCRf0+wASb4yk0A6IBvXZfk1B4R4HA==",
+      "version": "4.4.0",
+      "resolved": "https://registry.npmjs.org/web3-eth-contract/-/web3-eth-contract-4.4.0.tgz",
+      "integrity": "sha512-pZ/w6Lb6ZDUUs7f5GCKXiHDAGGvt2tdwiHkvgmQTRnq9b0MEsUpteDyPYspHxKzQWLgbeK37jPb8zbQe4kE/Hg==",
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         "web3-core": "^4.3.2",
         "web3-errors": "^1.1.4",
-        "web3-eth": "^4.5.0",
-        "web3-eth-abi": "^4.2.0",
-        "web3-types": "^1.5.0",
-        "web3-utils": "^4.2.2",
+        "web3-eth": "^4.6.0",
+        "web3-eth-abi": "^4.2.1",
+        "web3-types": "^1.6.0",
+        "web3-utils": "^4.2.3",
         "web3-validator": "^2.0.5"
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@@ -8568,19 +8522,19 @@
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-      "resolved": "https://registry.npmjs.org/web3-types/-/web3-types-1.5.0.tgz",
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+      "version": "1.6.0",
+      "resolved": "https://registry.npmjs.org/web3-types/-/web3-types-1.6.0.tgz",
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-      "resolved": "https://registry.npmjs.org/web3-utils/-/web3-utils-4.2.2.tgz",
-      "integrity": "sha512-z+4owWcnoB4EH8yWIL1FBeyqe+sXwaGxUDtVTNPTMf2oB5C+paCToZUdCV5Bi+M543zZEzlzNTabOD+OWNc7NA==",
+      "version": "4.2.3",
+      "resolved": "https://registry.npmjs.org/web3-utils/-/web3-utils-4.2.3.tgz",
+      "integrity": "sha512-m5plKTC2YtQntHITQRyIePw52UVP1IrShhmA2FACtn4zmc5ADmrXOlQWiPzxFP/18eRJsAaUAw2+CQn1u4WPxQ==",
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         "eventemitter3": "^5.0.1",
         "web3-errors": "^1.1.4",
-        "web3-types": "^1.5.0",
+        "web3-types": "^1.6.0",
         "web3-validator": "^2.0.5"
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diff --git a/package.json b/package.json
index e28928f..d494ec7 100644
--- a/package.json
+++ b/package.json
@@ -23,18 +23,18 @@
   "author": "",
   "license": "ISC",
   "dependencies": {
-    "@polkadot/api": "^10.12.6",
+    "@polkadot/api": "^10.13.1",
     "@polkadot/keyring": "^12.6.2",
     "@polkadot/util": "^12.6.2",
     "@polkadot/util-crypto": "^12.6.2",
     "chai": "^5.1.0",
     "dotenv": "^16.4.5",
-    "ethers": "^6.11.1",
+    "ethers": "^6.12.0",
     "fs": "^0.0.1-security",
-    "hardhat": "^2.22.2",
+    "hardhat": "^2.22.3",
     "mocha": "^10.4.0",
     "solc": "^0.8.25",
-    "web3": "^4.7.0"
+    "web3": "^4.8.0"
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   "type": "module",
   "devDependencies": {
diff --git a/test/builders/build/eth-api/dev-env/hardhat/package-lock.json b/test/builders/build/eth-api/dev-env/hardhat/package-lock.json
index ba6e348..ff2b2ec 100644
--- a/test/builders/build/eth-api/dev-env/hardhat/package-lock.json
+++ b/test/builders/build/eth-api/dev-env/hardhat/package-lock.json
@@ -10,8 +10,8 @@
       "license": "ISC",
       "dependencies": {
         "@nomicfoundation/hardhat-ethers": "^3.0.5",
-        "ethers": "^6.11.1",
-        "hardhat": "^2.21.0"
+        "ethers": "^6.12.0",
+        "hardhat": "^2.22.3"
       }
     },
     "node_modules/@adraffy/ens-normalize": {
@@ -461,28 +461,26 @@
       ]
     },
     "node_modules/@nomicfoundation/edr": {
-      "version": "0.2.1",
-      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr/-/edr-0.2.1.tgz",
-      "integrity": "sha512-Dleau3ItHJh2n85G2J6AIPBoLgu/mOWkmrh26z3VsJE2tp/e00hUk/dqz85ncsVcBYEc6/YOn/DomWu0wSF9tQ==",
+      "version": "0.3.5",
+      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr/-/edr-0.3.5.tgz",
+      "integrity": "sha512-dPSM9DuI1sr71gqWUMgLo8MjHQWO4+WNDm3iWaT6P4vUFJReZX5qwA5X+3UwIPBry8GvNY084u7yWUvB3/8rqA==",
       "engines": {
         "node": ">= 18"
       },
       "optionalDependencies": {
-        "@nomicfoundation/edr-darwin-arm64": "0.2.1",
-        "@nomicfoundation/edr-darwin-x64": "0.2.1",
-        "@nomicfoundation/edr-linux-arm64-gnu": "0.2.1",
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-        "@nomicfoundation/edr-linux-x64-gnu": "0.2.1",
-        "@nomicfoundation/edr-linux-x64-musl": "0.2.1",
-        "@nomicfoundation/edr-win32-arm64-msvc": "0.2.1",
-        "@nomicfoundation/edr-win32-ia32-msvc": "0.2.1",
-        "@nomicfoundation/edr-win32-x64-msvc": "0.2.1"
+        "@nomicfoundation/edr-darwin-arm64": "0.3.5",
+        "@nomicfoundation/edr-darwin-x64": "0.3.5",
+        "@nomicfoundation/edr-linux-arm64-gnu": "0.3.5",
+        "@nomicfoundation/edr-linux-arm64-musl": "0.3.5",
+        "@nomicfoundation/edr-linux-x64-gnu": "0.3.5",
+        "@nomicfoundation/edr-linux-x64-musl": "0.3.5",
+        "@nomicfoundation/edr-win32-x64-msvc": "0.3.5"
       }
     },
     "node_modules/@nomicfoundation/edr-darwin-arm64": {
-      "version": "0.2.1",
-      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr-darwin-arm64/-/edr-darwin-arm64-0.2.1.tgz",
-      "integrity": "sha512-aMYaRaZVQ/TmyNJIoXf1bU4k0zfinaL9Sy1day4yGlL6eiQPFfRGj9W6TZaZIoYG0XTx/mQWD7dkXJ7LdrleJA==",
+      "version": "0.3.5",
+      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr-darwin-arm64/-/edr-darwin-arm64-0.3.5.tgz",
+      "integrity": "sha512-gIXUIiPMUy6roLHpNlxf15DumU7/YhffUf7XIB+WUjMecaySfTGyZsTGnCMJZqrDyiYqWPyPKwCV/2u/jqFAUg==",
       "cpu": [
         "arm64"
       ],
@@ -495,9 +493,9 @@
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     "node_modules/@nomicfoundation/edr-darwin-x64": {
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+      "version": "0.3.5",
+      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr-darwin-x64/-/edr-darwin-x64-0.3.5.tgz",
+      "integrity": "sha512-0MrpOCXUK8gmplpYZ2Cy0holHEylvWoNeecFcrP2WJ5DLQzrB23U5JU2MvUzOJ7aL76Za1VXNBWi/UeTWdHM+w==",
       "cpu": [
         "x64"
       ],
@@ -510,9 +508,9 @@
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-      "integrity": "sha512-NX3G4pBhRitWrjSGY3HTyCq3wKSm5YqrKVOCNQGl9/jcjSovqxlgzFMiTx4YZCzGntfJ/1om9AI84OWxYJjoDw==",
+      "version": "0.3.5",
+      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr-linux-arm64-gnu/-/edr-linux-arm64-gnu-0.3.5.tgz",
+      "integrity": "sha512-aw9f7AZMiY1dZFNePJGKho2k+nEgFgzUAyyukiKfSqUIMXoFXMf1U3Ujv848czrSq9c5XGcdDa2xnEf3daU3xg==",
       "cpu": [
         "arm64"
       ],
@@ -525,9 +523,9 @@
       }
     },
     "node_modules/@nomicfoundation/edr-linux-arm64-musl": {
-      "version": "0.2.1",
-      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr-linux-arm64-musl/-/edr-linux-arm64-musl-0.2.1.tgz",
-      "integrity": "sha512-gdQ3QHkt9XRkdtOGQ8fMwS11MXdjLeZgLrqoial4V4qtMaamIMMhVczK+VEvUhD8p7G4BVmp6kmkvcsthmndmw==",
+      "version": "0.3.5",
+      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr-linux-arm64-musl/-/edr-linux-arm64-musl-0.3.5.tgz",
+      "integrity": "sha512-cVFRQjyABBlsbDj+XTczYBfrCHprZ6YNzN8gGGSqAh+UGIJkAIRomK6ar27GyJLNx3HkgbuDoi/9kA0zOo/95w==",
       "cpu": [
         "arm64"
       ],
@@ -540,9 +538,9 @@
       }
     },
     "node_modules/@nomicfoundation/edr-linux-x64-gnu": {
-      "version": "0.2.1",
-      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr-linux-x64-gnu/-/edr-linux-x64-gnu-0.2.1.tgz",
-      "integrity": "sha512-OqabFY37vji6mYbLD9CvG28lja68czeVw58oWByIhFV3BpBu/cyP1oAbhzk3LieylujabS3Ekpvjw2Tkf0A9RQ==",
+      "version": "0.3.5",
+      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr-linux-x64-gnu/-/edr-linux-x64-gnu-0.3.5.tgz",
+      "integrity": "sha512-CjOg85DfR1Vt0fQWn5U0qi26DATK9tVzo3YOZEyI0JBsnqvk43fUTPv3uUAWBrPIRg5O5kOc9xG13hSpCBBxBg==",
       "cpu": [
         "x64"
       ],
@@ -555,9 +553,9 @@
       }
     },
     "node_modules/@nomicfoundation/edr-linux-x64-musl": {
-      "version": "0.2.1",
-      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr-linux-x64-musl/-/edr-linux-x64-musl-0.2.1.tgz",
-      "integrity": "sha512-vHfFFK2EPISuQUQge+bdjXamb0EUjfl8srYSog1qfiwyLwLeuSbpyyFzDeITAgPpkkFuedTfJW553K0Hipspyg==",
+      "version": "0.3.5",
+      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr-linux-x64-musl/-/edr-linux-x64-musl-0.3.5.tgz",
+      "integrity": "sha512-hvX8bBGpBydAVevzK8jsu2FlqVZK1RrCyTX6wGHnltgMuBaoGLHYtNHiFpteOaJw2byYMiORc2bvj+98LhJ0Ew==",
       "cpu": [
         "x64"
       ],
@@ -569,40 +567,10 @@
         "node": ">= 18"
       }
     },
-    "node_modules/@nomicfoundation/edr-win32-arm64-msvc": {
-      "version": "0.2.1",
-      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr-win32-arm64-msvc/-/edr-win32-arm64-msvc-0.2.1.tgz",
-      "integrity": "sha512-K/mui67RCKxghbSyvhvW3rvyVN1pa9M1Q9APUx1PtWjSSdXDFpqEY1NYsv2syb47Ca8ObJwVMF+LvnB6GvhUOQ==",
-      "cpu": [
-        "arm64"
-      ],
-      "optional": true,
-      "os": [
-        "win32"
-      ],
-      "engines": {
-        "node": ">= 10"
-      }
-    },
-    "node_modules/@nomicfoundation/edr-win32-ia32-msvc": {
-      "version": "0.2.1",
-      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr-win32-ia32-msvc/-/edr-win32-ia32-msvc-0.2.1.tgz",
-      "integrity": "sha512-HHK0mXEtjvfjJrJlqcYgQCy3lZIXS1KNl2GaP8bwEIuEwx++XxXs/ThLjPepM1nhCGICij8IGy7p3KrkzRelsw==",
-      "cpu": [
-        "ia32"
-      ],
-      "optional": true,
-      "os": [
-        "win32"
-      ],
-      "engines": {
-        "node": ">= 18"
-      }
-    },
     "node_modules/@nomicfoundation/edr-win32-x64-msvc": {
-      "version": "0.2.1",
-      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr-win32-x64-msvc/-/edr-win32-x64-msvc-0.2.1.tgz",
-      "integrity": "sha512-FY4eQJdj1/y8ST0RyQycx63yr+lvdYNnUkzgWf4X+vPH1lOhXae+L2NDcNCQlTDAfQcD6yz0bkBUkLrlJ8pTww==",
+      "version": "0.3.5",
+      "resolved": "https://registry.npmjs.org/@nomicfoundation/edr-win32-x64-msvc/-/edr-win32-x64-msvc-0.3.5.tgz",
+      "integrity": "sha512-IJXjW13DY5UPsx/eG5DGfXtJ7Ydwrvw/BTZ2Y93lRLHzszVpSmeVmlxjZP5IW2afTSgMLaAAsqNw4NhppRGN8A==",
       "cpu": [
         "x64"
       ],
@@ -1713,9 +1681,9 @@
       }
     },
     "node_modules/ethers": {
-      "version": "6.11.1",
-      "resolved": "https://registry.npmjs.org/ethers/-/ethers-6.11.1.tgz",
-      "integrity": "sha512-mxTAE6wqJQAbp5QAe/+o+rXOID7Nw91OZXvgpjDa1r4fAbq2Nu314oEZSbjoRLacuCzs7kUC3clEvkCQowffGg==",
+      "version": "6.12.0",
+      "resolved": "https://registry.npmjs.org/ethers/-/ethers-6.12.0.tgz",
+      "integrity": "sha512-zL5NlOTjML239gIvtVJuaSk0N9GQLi1Hom3ZWUszE5lDTQE/IVB62mrPkQ2W1bGcZwVGSLaetQbWNQSvI4rGDQ==",
       "funding": [
         {
           "type": "individual",
@@ -1931,13 +1899,13 @@
       "integrity": "sha512-RbJ5/jmFcNNCcDV5o9eTnBLJ/HszWV0P73bc+Ff4nS/rJj+YaS6IGyiOL0VoBYX+l1Wrl3k63h/KrH+nhJ0XvQ=="
     },
     "node_modules/hardhat": {
-      "version": "2.21.0",
-      "resolved": "https://registry.npmjs.org/hardhat/-/hardhat-2.21.0.tgz",
-      "integrity": "sha512-8DlJAVJDEVHaV1sh9FLuKLLgCFv9EAJ+M+8IbjSIPgoeNo3ss5L1HgGBMfnI88c7OzMEZkdcuyGoobFeK3Orqw==",
+      "version": "2.22.3",
+      "resolved": "https://registry.npmjs.org/hardhat/-/hardhat-2.22.3.tgz",
+      "integrity": "sha512-k8JV2ECWNchD6ahkg2BR5wKVxY0OiKot7fuxiIpRK0frRqyOljcR2vKwgWSLw6YIeDcNNA4xybj7Og7NSxr2hA==",
       "dependencies": {
         "@ethersproject/abi": "^5.1.2",
         "@metamask/eth-sig-util": "^4.0.0",
-        "@nomicfoundation/edr": "^0.2.0",
+        "@nomicfoundation/edr": "^0.3.5",
         "@nomicfoundation/ethereumjs-common": "4.0.4",
         "@nomicfoundation/ethereumjs-tx": "5.0.4",
         "@nomicfoundation/ethereumjs-util": "9.0.4",
diff --git a/test/builders/build/eth-api/dev-env/hardhat/package.json b/test/builders/build/eth-api/dev-env/hardhat/package.json
index 75e6caa..08567a3 100644
--- a/test/builders/build/eth-api/dev-env/hardhat/package.json
+++ b/test/builders/build/eth-api/dev-env/hardhat/package.json
@@ -12,8 +12,8 @@
   "license": "ISC",
   "dependencies": {
     "@nomicfoundation/hardhat-ethers": "^3.0.5",
-    "ethers": "^6.11.1",
-    "hardhat": "^2.21.0"
+    "ethers": "^6.12.0",
+    "hardhat": "^2.22.3"
   },
   "type": "module"
 }
diff --git a/test/builders/build/runtime-upgrades.js b/test/builders/build/runtime-upgrades.js
index 2d38d66..bf1cfc2 100644
--- a/test/builders/build/runtime-upgrades.js
+++ b/test/builders/build/runtime-upgrades.js
@@ -14,7 +14,7 @@ describe('Runtime Upgrades', () => {
       const api = await getApi('wss://wss.api.moonbase.moonbeam.network');
       const runtime = await api.query.system.lastRuntimeUpgrade();
       // Assert the runtime is equal to the latest version we have on the docs
-      assert.equal(runtime.toJSON().specVersion, 2801);
+      assert.equal(runtime.toJSON().specVersion, 2902);
       api.disconnect();
     });
     it('should return the latest runtime version for Moonriver', async () => {