diff --git a/package-lock.json b/package-lock.json
index 5b2046f4..1797ba07 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -9,7 +9,7 @@
       "version": "0.1.2",
       "license": "Apache-2.0",
       "dependencies": {
-        "@hashgraph/sdk": "^2.54.2",
+        "@hashgraph/sdk": "^2.55.0",
         "axios": "^1.7.9",
         "commander": "^11.0.0",
         "dotenv": "^16.4.7",
@@ -1171,11 +1171,6 @@
         "node": ">=6"
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-    "node_modules/@grpc/proto-loader/node_modules/long": {
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-      "resolved": "https://registry.npmjs.org/long/-/long-5.2.3.tgz",
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-    },
     "node_modules/@hashgraph/cryptography": {
       "version": "1.4.8-beta.10",
       "resolved": "https://registry.npmjs.org/@hashgraph/cryptography/-/cryptography-1.4.8-beta.10.tgz",
@@ -1214,21 +1209,21 @@
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-      "resolved": "https://registry.npmjs.org/@hashgraph/proto/-/proto-2.15.0-beta.4.tgz",
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+      "version": "2.16.0-beta.2",
+      "resolved": "https://registry.npmjs.org/@hashgraph/proto/-/proto-2.16.0-beta.2.tgz",
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       "dependencies": {
-        "long": "^4.0.0",
-        "protobufjs": "^7.2.5"
+        "long": "^5.2.3",
+        "protobufjs": "7.2.5"
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       "engines": {
         "node": ">=10.0.0"
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     },
     "node_modules/@hashgraph/sdk": {
-      "version": "2.54.2",
-      "resolved": "https://registry.npmjs.org/@hashgraph/sdk/-/sdk-2.54.2.tgz",
-      "integrity": "sha512-NBnsSWRyF8opOD9VmfvnaekUHciQpz9yq7oQbZOja7IQDVLDS8ai1q1DGONBcfziOfwAxfx/UUBpwBuUQjsPHg==",
+      "version": "2.55.0",
+      "resolved": "https://registry.npmjs.org/@hashgraph/sdk/-/sdk-2.55.0.tgz",
+      "integrity": "sha512-fSRAYtdMCLGOM2SLuNP3Y9P66hlN+0ryX5ppFVD91LhUfKo4sbUMEfn7nOmvUDrWEjJ0TJiRVaHsmYHi8cmlCQ==",
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@@ -1236,13 +1231,13 @@
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         "@grpc/grpc-js": "1.8.2",
         "@hashgraph/cryptography": "1.4.8-beta.10",
-        "@hashgraph/proto": "2.15.0-beta.4",
+        "@hashgraph/proto": "2.16.0-beta.2",
         "axios": "^1.6.4",
         "bignumber.js": "^9.1.1",
         "bn.js": "^5.1.1",
         "crypto-js": "^4.2.0",
         "js-base64": "^3.7.4",
-        "long": "^4.0.0",
+        "long": "^5.2.3",
         "pino": "^8.14.1",
         "pino-pretty": "^10.0.0",
         "protobufjs": "7.2.5",
@@ -5847,9 +5842,9 @@
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-      "version": "4.0.0",
-      "resolved": "https://registry.npmjs.org/long/-/long-4.0.0.tgz",
-      "integrity": "sha512-XsP+KhQif4bjX1kbuSiySJFNAehNxgLb6hPRGJ9QsUr8ajHkuXGdrHmFUTUUXhDwVX2R5bY4JNZEwbUiMhV+MA=="
+      "version": "5.2.3",
+      "resolved": "https://registry.npmjs.org/long/-/long-5.2.3.tgz",
+      "integrity": "sha512-lcHwpNoggQTObv5apGNCTdJrO69eHOZMi4BNC+rTLER8iHAqGrUVeLh/irVIM7zTw2bOXA8T6uNPeujwOLg/2Q=="
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     "node_modules/lru-cache": {
       "version": "5.1.1",
@@ -6659,11 +6654,6 @@
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-    "node_modules/protobufjs/node_modules/long": {
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-      "resolved": "https://registry.npmjs.org/long/-/long-5.2.3.tgz",
-      "integrity": "sha512-lcHwpNoggQTObv5apGNCTdJrO69eHOZMi4BNC+rTLER8iHAqGrUVeLh/irVIM7zTw2bOXA8T6uNPeujwOLg/2Q=="
-    },
     "node_modules/proxy-from-env": {
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       "resolved": "https://registry.npmjs.org/proxy-from-env/-/proxy-from-env-1.1.0.tgz",
@@ -8746,13 +8736,6 @@
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         "yargs": "^17.7.2"
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-          "version": "5.2.3",
-          "resolved": "https://registry.npmjs.org/long/-/long-5.2.3.tgz",
-          "integrity": "sha512-lcHwpNoggQTObv5apGNCTdJrO69eHOZMi4BNC+rTLER8iHAqGrUVeLh/irVIM7zTw2bOXA8T6uNPeujwOLg/2Q=="
-        }
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     },
     "@hashgraph/cryptography": {
@@ -8774,18 +8757,18 @@
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     "@hashgraph/proto": {
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-      "resolved": "https://registry.npmjs.org/@hashgraph/proto/-/proto-2.15.0-beta.4.tgz",
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+      "version": "2.16.0-beta.2",
+      "resolved": "https://registry.npmjs.org/@hashgraph/proto/-/proto-2.16.0-beta.2.tgz",
+      "integrity": "sha512-BTPShOMhxZqHmayyhg+dqXX1ABP2/znYJ9LKxr2QIf2Jqk2ZfBByPLlp94PzW3Zn9jwJGVJT01Kdl7Rh1Xkxkg==",
       "requires": {
-        "long": "^4.0.0",
-        "protobufjs": "^7.2.5"
+        "long": "^5.2.3",
+        "protobufjs": "7.2.5"
       }
     },
     "@hashgraph/sdk": {
-      "version": "2.54.2",
-      "resolved": "https://registry.npmjs.org/@hashgraph/sdk/-/sdk-2.54.2.tgz",
-      "integrity": "sha512-NBnsSWRyF8opOD9VmfvnaekUHciQpz9yq7oQbZOja7IQDVLDS8ai1q1DGONBcfziOfwAxfx/UUBpwBuUQjsPHg==",
+      "version": "2.55.0",
+      "resolved": "https://registry.npmjs.org/@hashgraph/sdk/-/sdk-2.55.0.tgz",
+      "integrity": "sha512-fSRAYtdMCLGOM2SLuNP3Y9P66hlN+0ryX5ppFVD91LhUfKo4sbUMEfn7nOmvUDrWEjJ0TJiRVaHsmYHi8cmlCQ==",
       "requires": {
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         "@ethersproject/bignumber": "^5.7.0",
@@ -8793,13 +8776,13 @@
         "@ethersproject/rlp": "^5.7.0",
         "@grpc/grpc-js": "1.8.2",
         "@hashgraph/cryptography": "1.4.8-beta.10",
-        "@hashgraph/proto": "2.15.0-beta.4",
+        "@hashgraph/proto": "2.16.0-beta.2",
         "axios": "^1.6.4",
         "bignumber.js": "^9.1.1",
         "bn.js": "^5.1.1",
         "crypto-js": "^4.2.0",
         "js-base64": "^3.7.4",
-        "long": "^4.0.0",
+        "long": "^5.2.3",
         "pino": "^8.14.1",
         "pino-pretty": "^10.0.0",
         "protobufjs": "7.2.5",
@@ -12158,9 +12141,9 @@
       "dev": true
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     "long": {
-      "version": "4.0.0",
-      "resolved": "https://registry.npmjs.org/long/-/long-4.0.0.tgz",
-      "integrity": "sha512-XsP+KhQif4bjX1kbuSiySJFNAehNxgLb6hPRGJ9QsUr8ajHkuXGdrHmFUTUUXhDwVX2R5bY4JNZEwbUiMhV+MA=="
+      "version": "5.2.3",
+      "resolved": "https://registry.npmjs.org/long/-/long-5.2.3.tgz",
+      "integrity": "sha512-lcHwpNoggQTObv5apGNCTdJrO69eHOZMi4BNC+rTLER8iHAqGrUVeLh/irVIM7zTw2bOXA8T6uNPeujwOLg/2Q=="
     },
     "lru-cache": {
       "version": "5.1.1",
@@ -12774,13 +12757,6 @@
         "@protobufjs/utf8": "^1.1.0",
         "@types/node": ">=13.7.0",
         "long": "^5.0.0"
-      },
-      "dependencies": {
-        "long": {
-          "version": "5.2.3",
-          "resolved": "https://registry.npmjs.org/long/-/long-5.2.3.tgz",
-          "integrity": "sha512-lcHwpNoggQTObv5apGNCTdJrO69eHOZMi4BNC+rTLER8iHAqGrUVeLh/irVIM7zTw2bOXA8T6uNPeujwOLg/2Q=="
-        }
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     },
     "proxy-from-env": {
diff --git a/package.json b/package.json
index c24ecbf7..240836a1 100644
--- a/package.json
+++ b/package.json
@@ -40,7 +40,7 @@
   "author": "Michiel Mulders",
   "license": "Apache-2.0",
   "dependencies": {
-    "@hashgraph/sdk": "^2.54.2",
+    "@hashgraph/sdk": "^2.55.0",
     "axios": "^1.7.9",
     "commander": "^11.0.0",
     "dotenv": "^16.4.7",