diff --git a/CHANGELOG b/CHANGELOG
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -1,5 +1,8 @@
 # Changelog
 
+- 0.2.3 (2026-01-10)
+  * Bumps the ppad-sha256 dependency.
+
 - 0.2.2 (2025-12-28)
   * Adds an 'llvm' build flag and tests with GHC 9.10.3.
 
diff --git a/ppad-base58.cabal b/ppad-base58.cabal
--- a/ppad-base58.cabal
+++ b/ppad-base58.cabal
@@ -1,6 +1,6 @@
 cabal-version:      3.0
 name:               ppad-base58
-version:            0.2.2
+version:            0.2.3
 synopsis:           base58 and base58check encoding/decoding.
 license:            MIT
 license-file:       LICENSE
@@ -35,7 +35,7 @@
   build-depends:
       base >= 4.9 && < 5
     , bytestring >= 0.9 && < 0.13
-    , ppad-sha256 > 0.2 && < 0.3
+    , ppad-sha256 > 0.3 && < 0.4
 
 test-suite base58-tests
   type:                exitcode-stdio-1.0