diff --git a/pyproject.toml b/pyproject.toml
index b365c7a..834d418 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -36,17 +36,17 @@ dependencies = [
 
 [project.optional-dependencies]
 tracing = [
-    "opentelemetry-api>=1.20.0",
-    "opentelemetry-sdk>=1.20.0",
-    "opentelemetry-exporter-otlp>=1.20.0",
+    "opentelemetry-api>=1.44.0",
+    "opentelemetry-sdk>=1.44.0",
+    "opentelemetry-exporter-otlp>=1.44.0",
 ]
 dev = [
-    "pytest>=7.0",
-    "pytest-asyncio>=0.21",
-    "pytest-cov>=4.0",
-    "respx>=0.21",
-    "ruff>=0.4.0",
-    "mypy>=1.0,<2",
+    "pytest>=9.1.1",
+    "pytest-asyncio>=1.4.0",
+    "pytest-cov>=7.1.0",
+    "respx>=0.23.1",
+    "ruff>=0.16.4",
+    "mypy>=2.3.1,<3",
 ]
 
 # Read the package version from the repo-root VERSION file at build time.