diff --git a/.github/workflows/ci.yaml b/.github/workflows/ci.yaml
index ee8d274c182..7bbed2c3c22 100644
--- a/.github/workflows/ci.yaml
+++ b/.github/workflows/ci.yaml
@@ -105,7 +105,7 @@ env:
     test_weakref
     test_yield_from
   # Python version targeted by the CI.
-  PYTHON_VERSION: "3.12.3"
+  PYTHON_VERSION: "3.13.1"
 
 jobs:
   rust_tests:
diff --git a/.github/workflows/cron-ci.yaml b/.github/workflows/cron-ci.yaml
index 0880e2d249c..60a06d80c7e 100644
--- a/.github/workflows/cron-ci.yaml
+++ b/.github/workflows/cron-ci.yaml
@@ -7,7 +7,7 @@ name: Periodic checks/tasks
 
 env:
   CARGO_ARGS: --no-default-features --features stdlib,zlib,importlib,encodings,ssl,jit
-  PYTHON_VERSION: "3.12.0"
+  PYTHON_VERSION: "3.13.1"
 
 jobs:
   # codecov collects code coverage data from the rust tests, python snippets and python test suite.
diff --git a/DEVELOPMENT.md b/DEVELOPMENT.md
index 7c79a011bab..aa7d99eef33 100644
--- a/DEVELOPMENT.md
+++ b/DEVELOPMENT.md
@@ -25,7 +25,7 @@ RustPython requires the following:
       stable version: `rustup update stable`
     - If you do not have Rust installed, use [rustup](https://rustup.rs/) to
       do so.
-- CPython version 3.12 or higher
+- CPython version 3.13 or higher
     - CPython can be installed by your operating system's package manager,
       from the [Python website](https://www.python.org/downloads/), or
       using a third-party distribution, such as 
diff --git a/README.md b/README.md
index 5b5b16d5662..38e4d8fa8c4 100644
--- a/README.md
+++ b/README.md
@@ -2,7 +2,7 @@
 
 # [RustPython](https://rustpython.github.io/)
 
-A Python-3 (CPython >= 3.12.0) Interpreter written in Rust :snake: :scream:
+A Python-3 (CPython >= 3.13.0) Interpreter written in Rust :snake: :scream:
 :metal:.
 
 [![Build Status](https://github.com/RustPython/RustPython/workflows/CI/badge.svg)](https://github.com/RustPython/RustPython/actions?query=workflow%3ACI)
diff --git a/vm/src/version.rs b/vm/src/version.rs
index 9a75f71142c..3b6d9aa0ea2 100644
--- a/vm/src/version.rs
+++ b/vm/src/version.rs
@@ -4,9 +4,9 @@
 use chrono::{prelude::DateTime, Local};
 use std::time::{Duration, UNIX_EPOCH};
 
-// = 3.12.0alpha
+// = 3.13.0alpha
 pub const MAJOR: usize = 3;
-pub const MINOR: usize = 12;
+pub const MINOR: usize = 13;
 pub const MICRO: usize = 0;
 pub const RELEASELEVEL: &str = "alpha";
 pub const RELEASELEVEL_N: usize = 0xA;