diff --git a/common.h b/common.h
index d853a3df9..e82b98450 100644
--- a/common.h
+++ b/common.h
@@ -11,7 +11,7 @@
 #include "valkey_glide_address_resolver.h"
 
 /* ValkeyGlidePHP version */
-#define VALKEY_GLIDE_PHP_VERSION "1.1.2"
+#define VALKEY_GLIDE_PHP_VERSION "1.2.0-rc1"
 
 #define VALKEY_GLIDE_PHP_GET_OBJECT(class_entry, o) \
     (class_entry*) ((char*) o - XtOffsetOf(class_entry, std))
diff --git a/package.xml b/package.xml
index a51f0fc38..86f46a930 100644
--- a/package.xml
+++ b/package.xml
@@ -12,11 +12,11 @@ Note: After installation, add "extension=valkey_glide" to your php.ini file.</de
   <email>noreply@valkey.io</email>
   <active>yes</active>
  </lead>
- <date>2025-01-26</date>
+ <date>2026-08-20</date>
  <time>18:25:00</time>
  <version>
-  <release>1.1.2</release>
-  <api>1.1.2</api>
+  <release>1.2.0</release>
+  <api>1.2.0</api>
  </version>
  <stability>
   <release>stable</release>