diff --git a/pyproject.toml b/pyproject.toml
index 443db8ed..f89cc00f 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -14,7 +14,7 @@ dependencies = [
     "numpy>=1.0,<=2.2.6",
     "param>=1.13.0,<=2.3.1",
     "hvplot>=0.12.0,<=0.12.2",
-    "panel>=1.3.6,<=1.8.4",
+    "panel>=1.3.6,<=1.8.5",
     "diskcache>=5.6,<=5.6.3",
     "optuna>=3.2,<=4.6.0",
     "xarray>=2023.7,<=2025.6.1",