diff --git a/python/pyproject.toml b/python/pyproject.toml
index 21da11ecc..cba590bfe 100644
--- a/python/pyproject.toml
+++ b/python/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "setuptools.build_meta"
 
 [project]
 name = "sglang"
-version = "0.1.26"
+version = "0.2.0"
 description = "SGLang is yet another fast serving framework for large language models and vision language models."
 readme = "README.md"
 requires-python = ">=3.8"
diff --git a/python/sglang/version.py b/python/sglang/version.py
index c8ec14686..d3ec452c3 100644
--- a/python/sglang/version.py
+++ b/python/sglang/version.py
@@ -1 +1 @@
-__version__ = "0.1.26"
+__version__ = "0.2.0"