diff --git a/lib/version.py b/lib/version.py
index f698ed371..56721d011 100644
--- a/lib/version.py
+++ b/lib/version.py
@@ -1,4 +1,4 @@
-ELECTRUM_VERSION = "1.5.6"  # version of the client package
+ELECTRUM_VERSION = "1.5.7"  # version of the client package
 PROTOCOL_VERSION = '0.6'  # protocol version requested
 SEED_VERSION     = 4      # bump this everytime the seed generation is modified
 TRANSLATION_ID   = 32150  # version of the wiki page