diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index f1c1e58..bcd0522 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.5.0"
+  ".": "0.6.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index d95437e..6174228 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,19 @@
 # Changelog
 
+## [0.6.0](https://github.com/rstreamlabs/rstream-python/compare/v0.5.0...v0.6.0) (2026-08-15)
+
+
+### Features
+
+* **runtime:** negotiate bounded control liveness ([8f41108](https://github.com/rstreamlabs/rstream-python/commit/8f41108c7f57d837e605c5156a8046bc6fc25603))
+* **runtime:** negotiate bounded control liveness ([0e39636](https://github.com/rstreamlabs/rstream-python/commit/0e396369421a8f023f3fc42a78a68c9240309201))
+
+
+### Bug Fixes
+
+* **runtime:** parallelize bounded proxy handshakes ([397f0cd](https://github.com/rstreamlabs/rstream-python/commit/397f0cdd0fda7329bf709f331ee0408551118e02))
+* **runtime:** preserve payloads across control loss ([37cfd47](https://github.com/rstreamlabs/rstream-python/commit/37cfd474dc1d4fc1ebfca58e9260b1506bd92f27))
+
 ## [0.5.0](https://github.com/rstreamlabs/rstream-python/compare/v0.4.0...v0.5.0) (2026-08-01)
 
 
diff --git a/pyproject.toml b/pyproject.toml
index 3b85524..af0ab78 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "hatchling.build"
 
 [project]
 name = "rstreamlabs-rstream"
-version = "0.5.0"
+version = "0.6.0"
 description = "Python SDK for rstream tunnels."
 readme = "README.md"
 requires-python = ">=3.10"