diff --git a/Cargo.lock b/Cargo.lock
index 27bc2a7172..aa9e2e876b 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2645,9 +2645,9 @@ dependencies = [
 
 [[package]]
 name = "scale-decode"
-version = "0.5.0"
+version = "0.6.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c7e5527e4b3bf079d4c0b2f253418598c380722ba37ef20fac9088081407f2b6"
+checksum = "716db7b24ccd361634c56ec44537789deb2a7b4d81a7bfdf0b59970c5203cb80"
 dependencies = [
  "parity-scale-codec",
  "primitive-types",
@@ -2659,9 +2659,9 @@ dependencies = [
 
 [[package]]
 name = "scale-decode-derive"
-version = "0.5.0"
+version = "0.6.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b38741b2f78e4391b94eac6b102af0f6ea2b0f7fe65adb55d7f4004f507854db"
+checksum = "bd163388b8eddb9b7bfdc7356aa10f362994f3d2723a48b26a723899c9ef4526"
 dependencies = [
  "darling 0.14.4",
  "proc-macro-crate",
@@ -2672,9 +2672,9 @@ dependencies = [
 
 [[package]]
 name = "scale-encode"
-version = "0.1.2"
+version = "0.2.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "15546e5efbb45f0fc2291f7e202dee8623274c5d8bbfdf9c6886cc8b44a7ced3"
+checksum = "9334800277da691d9db60167215370a7f590771a6a5ae2d2c8da5f93a9b869f4"
 dependencies = [
  "parity-scale-codec",
  "primitive-types",
@@ -2686,9 +2686,9 @@ dependencies = [
 
 [[package]]
 name = "scale-encode-derive"
-version = "0.1.2"
+version = "0.2.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "dd983cf0a9effd76138554ead18a6de542d1af175ac12fd5e91836c5c0268082"
+checksum = "c44e40904d22e44bb5a32b863f1d9970e4c6f15b920896ad1d6caf32bb23d4c8"
 dependencies = [
  "darling 0.14.4",
  "proc-macro-crate",
@@ -2725,10 +2725,12 @@ dependencies = [
 
 [[package]]
 name = "scale-value"
-version = "0.7.0"
+version = "0.9.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "11f549769261561e6764218f847e500588f9a79a289de49ce92f9e26642a3574"
+checksum = "bb1ca6961c4fbe4ea7851ed5d68229d911da1428927ff0db2805da102b4f2211"
 dependencies = [
+ "base58",
+ "blake2",
  "either",
  "frame-metadata",
  "parity-scale-codec",
diff --git a/Cargo.toml b/Cargo.toml
index a542bbbda4..6844dfd36f 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -55,10 +55,10 @@ proc-macro2 = "1.0.59"
 quote = "1.0.28"
 regex = "1.8.3"
 scale-info = "2.7.0"
-scale-value = "0.7.0"
+scale-value = "0.9.0"
 scale-bits = "0.3"
-scale-decode = "0.5.0"
-scale-encode = "0.1.0"
+scale-decode = "0.6.0"
+scale-encode = "0.2.0"
 serde = { version = "1.0.163" }
 serde_json = { version = "1.0.96" }
 syn = { version = "2.0.15", features = ["full", "extra-traits"] }
diff --git a/subxt/src/utils/wrapper_opaque.rs b/subxt/src/utils/wrapper_opaque.rs
index f5da348682..99e3ecbd49 100644
--- a/subxt/src/utils/wrapper_opaque.rs
+++ b/subxt/src/utils/wrapper_opaque.rs
@@ -5,7 +5,7 @@
 use super::PhantomDataSendSync;
 use codec::{Compact, Decode, DecodeAll, Encode};
 use derivative::Derivative;
-use scale_decode::{IntoVisitor, Visitor};
+use scale_decode::{FieldIter, IntoVisitor, Visitor};
 use scale_encode::EncodeAsType;
 
 /// A wrapper for any type `T` which implement encode/decode in a way compatible with `Vec<u8>`.
@@ -113,9 +113,9 @@ impl<T> Visitor for WrapperKeepOpaqueVisitor<T> {
     type Value<'scale, 'info> = WrapperKeepOpaque<T>;
     type Error = scale_decode::Error;
 
-    fn visit_composite<'scale, 'info>(
+    fn visit_composite<'scale, 'info, I: FieldIter<'info>>(
         self,
-        value: &mut scale_decode::visitor::types::Composite<'scale, 'info>,
+        value: &mut scale_decode::visitor::types::Composite<'scale, 'info, I>,
         _type_id: scale_decode::visitor::TypeId,
     ) -> Result<Self::Value<'scale, 'info>, Self::Error> {
         use scale_decode::error::{Error, ErrorKind};