diff --git a/.gitignore b/.gitignore
index 1d727e8..9c0b3d7 100644
--- a/.gitignore
+++ b/.gitignore
@@ -47,3 +47,4 @@
 /libdnf-0.54.2.tar.gz
 /libdnf-0.55.0.tar.gz
 /libdnf-0.55.2.tar.gz
+/libdnf-0.58.0.tar.gz
diff --git a/libdnf.spec b/libdnf.spec
index 53dd8ca..232df8b 100644
--- a/libdnf.spec
+++ b/libdnf.spec
@@ -1,11 +1,11 @@
 %global libsolv_version 0.7.7
-%global libmodulemd_version 2.5.0
+%global libmodulemd_version 2.11.2-2
 %global librepo_version 1.12.0
 %global dnf_conflict 4.3.0
 %global swig_version 3.0.12
 %global libdnf_major_version 0
-%global libdnf_minor_version 55
-%global libdnf_micro_version 2
+%global libdnf_minor_version 58
+%global libdnf_micro_version 0
 
 %define __cmake_in_source_build 1
 
@@ -56,7 +56,7 @@
 
 Name:           libdnf
 Version:        %{libdnf_major_version}.%{libdnf_minor_version}.%{libdnf_micro_version}
-Release:        2%{?dist}
+Release:        1%{?dist}
 Summary:        Library providing simplified C and Python API to libsolv
 License:        LGPLv2+
 URL:            https://github.com/rpm-software-management/libdnf
@@ -312,6 +312,25 @@ popd
 %endif
 
 %changelog
+* Thu Jan 28 2021 Nicola Sella <nsella@redhat.com> - 0.58.0-1
+- Update to 0.58.0
+- Option: Add reset() method
+- Add OptionBinds::getOption() method
+- [context] Add dnf_repo_conf_from_gkeyfile() and dnf_repo_conf_reset()
+- [context] Add support for options: minrate, throttle, bandwidth, timeout
+- [context] Remove g_key_file_get_string() from dnf_repo_set_keyfile_data()
+- Allow loading ext metadata even if only cache (solv) is present
+- Add ASAN_OPTIONS for test_libdnf_main
+- [context,API] Functions for accessing main/global configuration options
+- [context,API] Function for adding setopt
+- Add getter for modular obsoletes from ModuleMetadata
+- Add ModulePackage.getStaticContext() and getRequires()
+- Add compatible layer for MdDocuments v2
+- Fix modular queries with the new solver
+- Improve formatting of error string for modules
+- Change mechanism of module conflicts
+- Fix load/update FailSafe
+
 * Tue Jan 26 2021 Fedora Release Engineering <releng@fedoraproject.org> - 0.55.2-2
 - Rebuilt for https://fedoraproject.org/wiki/Fedora_34_Mass_Rebuild
 
diff --git a/sources b/sources
index 80b866a..3374ed1 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (libdnf-0.55.2.tar.gz) = 1c2844e6ba2e53287d5c67b9e01b7c6731d867bb5c23846261b40234979cc0ccb92916c429ed5e106af3e94115c288ffafa92981dd7833e65c5015912465043f
+SHA512 (libdnf-0.58.0.tar.gz) = 1f73888a592b1eec49e27cc6786a85c1ed828f3a715f8f3fa9c429aac0ea70005524372b35d9a2b92a343d7962e86f0d117f4015cb8c4337057075da8964b1ea