diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 104278e4b0d..45d0f2deaf1 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -6,6 +6,6 @@
   "packages/fork-diff": "0.4.0",
   "packages/guardian-prover-health-check": "0.1.0",
   "packages/guardian-prover-health-check-ui": "0.1.0",
-  "packages/protocol": "1.2.0",
+  "packages/protocol": "1.3.0",
   "packages/relayer": "0.12.0"
 }
diff --git a/packages/protocol/CHANGELOG.md b/packages/protocol/CHANGELOG.md
index a730a18896b..9461a94f07f 100644
--- a/packages/protocol/CHANGELOG.md
+++ b/packages/protocol/CHANGELOG.md
@@ -1,5 +1,21 @@
 # Changelog
 
+## [1.3.0](https://github.com/taikoxyz/taiko-mono/compare/protocol-v1.2.0...protocol-v1.3.0) (2024-04-09)
+
+
+### Features
+
+* **protocol:** allow bridge to fail a message by the owner without retrying it ([#16669](https://github.com/taikoxyz/taiko-mono/issues/16669)) ([dce651e](https://github.com/taikoxyz/taiko-mono/commit/dce651e2647013b0d13d7947e0fd0115f38fe639))
+* **protocol:** use 35000 as gas limit for sending Ether in Brdge ([#16666](https://github.com/taikoxyz/taiko-mono/issues/16666)) ([4909782](https://github.com/taikoxyz/taiko-mono/commit/4909782194ae025ff78438126c1e595f404e16a9))
+
+
+### Bug Fixes
+
+* **protocol:** add GovernorSettingsUpgradeable ([#16687](https://github.com/taikoxyz/taiko-mono/issues/16687)) ([eba82ba](https://github.com/taikoxyz/taiko-mono/commit/eba82bad1075afc695f3203304160f26e42627a9))
+* **protocol:** check invocation gas limit also in `retryMessage` ([#16660](https://github.com/taikoxyz/taiko-mono/issues/16660)) ([8209a43](https://github.com/taikoxyz/taiko-mono/commit/8209a437436f9a84d1e75bbafe6780952401d6a2))
+* **protocol:** check no loops in multi-hop in Bridge ([#16659](https://github.com/taikoxyz/taiko-mono/issues/16659)) ([447cd52](https://github.com/taikoxyz/taiko-mono/commit/447cd5252d141dfd38a2764d570b9168762c0d4b))
+* **protocol:** fix potential 1271 signature replay if proposers are smart contracts ([#16665](https://github.com/taikoxyz/taiko-mono/issues/16665)) ([2b27477](https://github.com/taikoxyz/taiko-mono/commit/2b27477ec0f9e5f0e0326d302531f93ff2c65de3))
+
 ## [1.2.0](https://github.com/taikoxyz/taiko-mono/compare/protocol-v1.1.0...protocol-v1.2.0) (2024-04-05)
 
 
diff --git a/packages/protocol/package.json b/packages/protocol/package.json
index dc0f5033f0f..943deaff1e3 100644
--- a/packages/protocol/package.json
+++ b/packages/protocol/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@taiko/protocol",
-  "version": "1.2.0",
+  "version": "1.3.0",
   "private": true,
   "scripts": {
     "buildMerkle": "ts-node ./utils/airdrop/buildMerkleTree.ts ./utils/airdrop/airdrop_db/example_claimList.json",