diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9c74a7a..bac88cd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -8,7 +8,9 @@ Operators, you should copy/paste content of this content straight to your projec
 
 If you were at `firehose-core` version `1.0.0` and are bumping to `1.1.0`, you should copy the content between those 2 version to your own repository, replacing placeholder value `fire{chain}` with your chain's own binary.
 
-## Unreleased
+## v1.7.2
+
+* Fixed `substreams-tier2` not setting itself ready correctly on startup since `v1.7.0`.
 
 * Added support for `--output=bytes` mode which prints the chain's specific Protobuf block as bytes, the encoding for the bytes string printed is determined by `--bytes-encoding`, uses `hex` by default.
 
diff --git a/go.mod b/go.mod
index 365e024..c33e044 100644
--- a/go.mod
+++ b/go.mod
@@ -31,7 +31,7 @@ require (
 	github.com/streamingfast/payment-gateway v0.0.0-20240426151444-581e930c76e2
 	github.com/streamingfast/pbgo v0.0.6-0.20250114182320-0b43084f4000
 	github.com/streamingfast/snapshotter v0.0.0-20230316190750-5bcadfde44d0
-	github.com/streamingfast/substreams v1.12.0
+	github.com/streamingfast/substreams v1.12.1
 	github.com/stretchr/testify v1.9.0
 	github.com/test-go/testify v1.1.4
 	go.uber.org/multierr v1.10.0
diff --git a/go.sum b/go.sum
index 3200c3f..58d0369 100644
--- a/go.sum
+++ b/go.sum
@@ -2181,8 +2181,8 @@ github.com/streamingfast/shutter v1.5.0 h1:NpzDYzj0HVpSiDJVO/FFSL6QIK/YKOxY0gJAt
 github.com/streamingfast/shutter v1.5.0/go.mod h1:B/T6efqdeMGbGwjzPS1ToXzYZI4kDzI5/u4I+7qbjY8=
 github.com/streamingfast/snapshotter v0.0.0-20230316190750-5bcadfde44d0 h1:Y15G1Z4fpEdm2b+/70owI7TLuXadlqBtGM7rk4Hxrzk=
 github.com/streamingfast/snapshotter v0.0.0-20230316190750-5bcadfde44d0/go.mod h1:/Rnz2TJvaShjUct0scZ9kKV2Jr9/+KBAoWy4UMYxgv4=
-github.com/streamingfast/substreams v1.12.0 h1:AhsXsJTmwukurvD65YVqcEkIdFjSa0S1HO3sU4Vq7sY=
-github.com/streamingfast/substreams v1.12.0/go.mod h1:Dgbt37alWqMyahFQ4rdhX8iFLZHn2qD8TBhcP3NIuW8=
+github.com/streamingfast/substreams v1.12.1 h1:ai6XhqTMeApNLvrxYdiYjjVTrybqKCBz793TGABgxcM=
+github.com/streamingfast/substreams v1.12.1/go.mod h1:Dgbt37alWqMyahFQ4rdhX8iFLZHn2qD8TBhcP3NIuW8=
 github.com/streamingfast/wazero v0.0.0-20241202185309-91287c3640ed h1:LU6/c376zP1cMAo9L6rFLyjo0W7RU+hIh7BegH8Zo5M=
 github.com/streamingfast/wazero v0.0.0-20241202185309-91287c3640ed/go.mod h1:yAI0XTsMBhREkM/YDAK/zNou3GoiAce1P6+rp/wQhjs=
 github.com/stretchr/objx v0.1.0/go.mod h1:HFkY916IF+rwdDfMAkV7OtwuqBVzrE8GR6GFx+wExME=