diff --git a/go.mod b/go.mod
index e47262a..1593c6b 100644
--- a/go.mod
+++ b/go.mod
@@ -10,9 +10,9 @@ require (
 	github.com/succinctlabs/blobstreamx v0.0.0-20240115194141-5649c689a7fe
 	github.com/tendermint/tendermint v0.35.9
 	go.opentelemetry.io/contrib/instrumentation/runtime v0.55.0
-	go.opentelemetry.io/otel v1.30.0
+	go.opentelemetry.io/otel v1.31.0
 	go.opentelemetry.io/otel/exporters/otlp/otlpmetric/otlpmetrichttp v1.30.0
-	go.opentelemetry.io/otel/metric v1.30.0
+	go.opentelemetry.io/otel/metric v1.31.0
 	go.opentelemetry.io/otel/sdk v1.30.0
 	go.opentelemetry.io/otel/sdk/metric v1.30.0
 )
@@ -144,7 +144,7 @@ require (
 	github.com/zondax/ledger-go v0.14.3 // indirect
 	go.etcd.io/bbolt v1.3.8 // indirect
 	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.18.0 // indirect
-	go.opentelemetry.io/otel/trace v1.30.0 // indirect
+	go.opentelemetry.io/otel/trace v1.31.0 // indirect
 	go.opentelemetry.io/proto/otlp v1.3.1 // indirect
 	golang.org/x/crypto v0.27.0 // indirect
 	golang.org/x/exp v0.0.0-20231110203233-9a3e6036ecaa // indirect
diff --git a/go.sum b/go.sum
index 15cc5b4..620901b 100644
--- a/go.sum
+++ b/go.sum
@@ -1067,23 +1067,23 @@ go.opencensus.io v0.24.0/go.mod h1:vNK8G9p7aAivkbmorf4v+7Hgx+Zs0yY+0fOtgBfjQKo=
 go.opentelemetry.io/contrib/instrumentation/runtime v0.55.0 h1:GotCpbh7YkCHdFs+hYMdvAEyGsBZifFognqrOnBwyJM=
 go.opentelemetry.io/contrib/instrumentation/runtime v0.55.0/go.mod h1:6b0AS55EEPj7qP44khqF5dqTUq+RkakDMShFaW1EcA4=
 go.opentelemetry.io/otel v1.21.0/go.mod h1:QZzNPQPm1zLX4gZK4cMi+71eaorMSGT3A4znnUvNNEo=
-go.opentelemetry.io/otel v1.30.0 h1:F2t8sK4qf1fAmY9ua4ohFS/K+FUuOPemHUIXHtktrts=
-go.opentelemetry.io/otel v1.30.0/go.mod h1:tFw4Br9b7fOS+uEao81PJjVMjW/5fvNCbpsDIXqP0pc=
+go.opentelemetry.io/otel v1.31.0 h1:NsJcKPIW0D0H3NgzPDHmo0WW6SptzPdqg/L1zsIm2hY=
+go.opentelemetry.io/otel v1.31.0/go.mod h1:O0C14Yl9FgkjqcCZAsE053C13OaddMYr/hz6clDkEJE=
 go.opentelemetry.io/otel/exporters/otlp/otlpmetric/otlpmetrichttp v1.30.0 h1:VrMAbeJz4gnVDg2zEzjHG4dEH86j4jO6VYB+NgtGD8s=
 go.opentelemetry.io/otel/exporters/otlp/otlpmetric/otlpmetrichttp v1.30.0/go.mod h1:qqN/uFdpeitTvm+JDqqnjm517pmQRYxTORbETHq5tOc=
 go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.18.0 h1:hSWWvDjXHVLq9DkmB+77fl8v7+t+yYiS+eNkiplDK54=
 go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.18.0/go.mod h1:zG7KQql1WjZCaUJd+L/ReSYx4bjbYJxg5ws9ws+mYes=
 go.opentelemetry.io/otel/metric v1.21.0/go.mod h1:o1p3CA8nNHW8j5yuQLdc1eeqEaPfzug24uvsyIEJRWM=
-go.opentelemetry.io/otel/metric v1.30.0 h1:4xNulvn9gjzo4hjg+wzIKG7iNFEaBMX00Qd4QIZs7+w=
-go.opentelemetry.io/otel/metric v1.30.0/go.mod h1:aXTfST94tswhWEb+5QjlSqG+cZlmyXy/u8jFpor3WqQ=
+go.opentelemetry.io/otel/metric v1.31.0 h1:FSErL0ATQAmYHUIzSezZibnyVlft1ybhy4ozRPcF2fE=
+go.opentelemetry.io/otel/metric v1.31.0/go.mod h1:C3dEloVbLuYoX41KpmAhOqNriGbA+qqH6PQ5E5mUfnY=
 go.opentelemetry.io/otel/sdk v1.21.0/go.mod h1:Nna6Yv7PWTdgJHVRD9hIYywQBRx7pbox6nwBnZIxl/E=
 go.opentelemetry.io/otel/sdk v1.30.0 h1:cHdik6irO49R5IysVhdn8oaiR9m8XluDaJAs4DfOrYE=
 go.opentelemetry.io/otel/sdk v1.30.0/go.mod h1:p14X4Ok8S+sygzblytT1nqG98QG2KYKv++HE0LY/mhg=
 go.opentelemetry.io/otel/sdk/metric v1.30.0 h1:QJLT8Pe11jyHBHfSAgYH7kEmT24eX792jZO1bo4BXkM=
 go.opentelemetry.io/otel/sdk/metric v1.30.0/go.mod h1:waS6P3YqFNzeP01kuo/MBBYqaoBJl7efRQHOaydhy1Y=
 go.opentelemetry.io/otel/trace v1.21.0/go.mod h1:LGbsEB0f9LGjN+OZaQQ26sohbOmiMR+BaslueVtS/qQ=
-go.opentelemetry.io/otel/trace v1.30.0 h1:7UBkkYzeg3C7kQX8VAidWh2biiQbtAKjyIML8dQ9wmc=
-go.opentelemetry.io/otel/trace v1.30.0/go.mod h1:5EyKqTzzmyqB9bwtCCq6pDLktPK6fmGf/Dph+8VI02o=
+go.opentelemetry.io/otel/trace v1.31.0 h1:ffjsj1aRouKewfr85U2aGagJ46+MvodynlQ1HYdmJys=
+go.opentelemetry.io/otel/trace v1.31.0/go.mod h1:TXZkRk7SM2ZQLtR6eoAWQFIHPvzQ06FJAsO1tJg480A=
 go.opentelemetry.io/proto/otlp v1.3.1 h1:TrMUixzpM0yuc/znrFTP9MMRh8trP93mkCiDVeXrui0=
 go.opentelemetry.io/proto/otlp v1.3.1/go.mod h1:0X1WI4de4ZsLrrJNLAQbFeLCm3T7yBkR0XqQ7niQU+8=
 go.uber.org/atomic v1.3.2/go.mod h1:gD2HeocX3+yG+ygLZcrzQJaqmWj9AIm7n08wl/qW/PE=