diff --git a/python/changelog.d/642.bugfix.md b/python/changelog.d/642.bugfix.md
new file mode 100644
index 000000000..32f4fe129
--- /dev/null
+++ b/python/changelog.d/642.bugfix.md
@@ -0,0 +1 @@
+Relax version constraint for the web3 package to allow upgrades to newer versions that include security fixes.
diff --git a/python/pyproject.toml b/python/pyproject.toml
index 50882105b..a01e99eb0 100644
--- a/python/pyproject.toml
+++ b/python/pyproject.toml
@@ -14,7 +14,7 @@ dependencies = [
     "urllib3>=2.2.3",
     "aiohttp>=3.11.16",
     "aiohttp-retry>=2.9.1",
-    "web3>=7.6.0,<=7.10.0",
+    "web3>=7.6.0,<8",
     "solana>=0.36.6",
     "solders>=0.26.0",
     "nest-asyncio>=1.6.0,<2",
diff --git a/python/uv.lock b/python/uv.lock
index 65407905b..a9e3c51d0 100644
--- a/python/uv.lock
+++ b/python/uv.lock
@@ -363,7 +363,7 @@ requires-dist = [
     { name = "sphinxcontrib-napoleon", marker = "extra == 'dev'", specifier = ">=0.7" },
     { name = "towncrier", marker = "extra == 'dev'", specifier = ">=24.8.0,<25" },
     { name = "urllib3", specifier = ">=2.2.3" },
-    { name = "web3", specifier = ">=7.6.0,<=7.10.0" },
+    { name = "web3", specifier = ">=7.6.0,<8" },
 ]
 provides-extras = ["dev"]