diff --git a/CMakeLists.txt b/CMakeLists.txt
index 939a2c6..0bbbd9e 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,6 +1,6 @@
 cmake_minimum_required(VERSION 3.20)
 
-project(LogLens VERSION 0.1.0 LANGUAGES CXX)
+project(LogLens VERSION 0.5.0 LANGUAGES CXX)
 
 set(CMAKE_CXX_STANDARD 20)
 set(CMAKE_CXX_STANDARD_REQUIRED ON)
diff --git a/tests/test_cli.cpp b/tests/test_cli.cpp
index 6fc4292..e791a1b 100644
--- a/tests/test_cli.cpp
+++ b/tests/test_cli.cpp
@@ -135,7 +135,7 @@ int main(int argc, char* argv[]) {
         &version_stderr)
                                              .c_str());
     expect(version_exit == 0, "expected --version to succeed");
-    expect(read_file(version_stdout) == "LogLens 0.1.0\n",
+    expect(read_file(version_stdout) == "LogLens 0.5.0\n",
            "expected --version to print project version to stdout");
     expect(read_file(version_stderr).empty(), "expected --version to keep stderr empty");