diff --git a/setup.py b/setup.py
index 8e87194..c198c03 100644
--- a/setup.py
+++ b/setup.py
@@ -185,7 +185,7 @@
         'xxhash>=1.3.0,<4',
         'ecdsa>=0.17.0,<1',
         'eth-keys>=0.2.1,<1',
-        'eth_utils>=1.3.0,<3',
+        'eth_utils>=1.3.0,<5',
         'pycryptodome>=3.11.0,<4',
         'PyNaCl>=1.0.1,<2',
         'scalecodec>=1.2.10,<1.3',