diff --git a/Makefile b/Makefile
index e2195782..ff2c1ceb 100644
--- a/Makefile
+++ b/Makefile
@@ -55,7 +55,7 @@ clean-test: ## remove test and coverage artifacts
 	rm -fr .pytest_cache
 
 test: ## runs tests
-	poetry run pytest -s -vv -n 4
+	poetry run pytest -vv -n 4
 
 test-single: ## runs tests with "single" markers
 	poetry run pytest -s -vv -m single
diff --git a/poetry.lock b/poetry.lock
index f1b923b7..3638f9f9 100644
--- a/poetry.lock
+++ b/poetry.lock
@@ -1221,13 +1221,13 @@ tests = ["hypothesis (>=3.27.0)", "pytest (>=3.2.1,!=3.3.0)"]
 
 [[package]]
 name = "pytest"
-version = "7.4.4"
+version = "8.2.1"
 description = "pytest: simple powerful testing with Python"
 optional = false
-python-versions = ">=3.7"
+python-versions = ">=3.8"
 files = [
-    {file = "pytest-7.4.4-py3-none-any.whl", hash = "sha256:b090cdf5ed60bf4c45261be03239c2c1c22df034fbffe691abe93cd80cea01d8"},
-    {file = "pytest-7.4.4.tar.gz", hash = "sha256:2cf0005922c6ace4a3e2ec8b4080eb0d9753fdc93107415332f50ce9e7994280"},
+    {file = "pytest-8.2.1-py3-none-any.whl", hash = "sha256:faccc5d332b8c3719f40283d0d44aa5cf101cec36f88cde9ed8f2bc0538612b1"},
+    {file = "pytest-8.2.1.tar.gz", hash = "sha256:5046e5b46d8e4cac199c373041f26be56fdb81eb4e67dc11d4e10811fc3408fd"},
 ]
 
 [package.dependencies]
@@ -1235,11 +1235,11 @@ colorama = {version = "*", markers = "sys_platform == \"win32\""}
 exceptiongroup = {version = ">=1.0.0rc8", markers = "python_version < \"3.11\""}
 iniconfig = "*"
 packaging = "*"
-pluggy = ">=0.12,<2.0"
-tomli = {version = ">=1.0.0", markers = "python_version < \"3.11\""}
+pluggy = ">=1.5,<2.0"
+tomli = {version = ">=1", markers = "python_version < \"3.11\""}
 
 [package.extras]
-testing = ["argcomplete", "attrs (>=19.2.0)", "hypothesis (>=3.56)", "mock", "nose", "pygments (>=2.7.2)", "requests", "setuptools", "xmlschema"]
+dev = ["argcomplete", "attrs (>=19.2)", "hypothesis (>=3.56)", "mock", "pygments (>=2.7.2)", "requests", "setuptools", "xmlschema"]
 
 [[package]]
 name = "pytest-cov"
@@ -1681,4 +1681,4 @@ testing = ["big-O", "jaraco.functools", "jaraco.itertools", "more-itertools", "p
 [metadata]
 lock-version = "2.0"
 python-versions = "^3.8"
-content-hash = "d2358097a9b58857f96af603a807c51687d355e45f9cab28e157afb545eff67d"
+content-hash = "1c0a4c2cc913d45e5e7af3b44dec5b9aadd9ba77f4582a50d11a01a02e98bb00"
diff --git a/pycardano/backend/base.py b/pycardano/backend/base.py
index 04fe0eff..aec6948a 100644
--- a/pycardano/backend/base.py
+++ b/pycardano/backend/base.py
@@ -6,6 +6,7 @@
 
 from pycardano.address import Address
 from pycardano.exception import InvalidArgumentException
+from pycardano.logging import log_state
 from pycardano.network import Network
 from pycardano.plutus import ExecutionUnits
 from pycardano.transaction import Transaction, UTxO
@@ -160,6 +161,7 @@ def _utxos(self, address: str) -> List[UTxO]:
         """
         raise NotImplementedError()
 
+    @log_state
     def submit_tx(self, tx: Union[Transaction, bytes, str]):
         """Submit a transaction to the blockchain.
 
diff --git a/pycardano/logging.py b/pycardano/logging.py
index 349939bd..2cd369e5 100644
--- a/pycardano/logging.py
+++ b/pycardano/logging.py
@@ -1,14 +1,14 @@
 import logging
 
-__all__ = ["logger"]
+from pprintpp import pformat
+
+__all__ = ["logger", "log_state"]
 
 # create logger
 logger = logging.getLogger("PyCardano")
-logger.setLevel(logging.WARNING)
 
 # create console handler and set level to debug
 ch = logging.StreamHandler()
-ch.setLevel(logging.WARNING)
 
 # create formatter
 formatter = logging.Formatter("%(asctime)s - %(name)s - %(levelname)s - %(message)s")
@@ -18,3 +18,22 @@
 
 # add ch to logger
 logger.addHandler(ch)
+
+
+def log_state(func):
+    """Decorator to log the state of an object after its function call."""
+
+    def wrapper(obj, *args, **kwargs):
+        try:
+            output = func(obj, *args, **kwargs)
+            logger.debug(
+                f"Class: {obj.__class__}, method: {func}, state:\n {pformat(vars(obj), indent=2)}"
+            )
+            return output
+        except Exception as e:
+            logger.warning(
+                f"Class: {obj.__class__}, method: {func}, state:\n {pformat(vars(obj), indent=2)}"
+            )
+            raise e
+
+    return wrapper
diff --git a/pycardano/txbuilder.py b/pycardano/txbuilder.py
index 2457c687..76c2168c 100644
--- a/pycardano/txbuilder.py
+++ b/pycardano/txbuilder.py
@@ -29,7 +29,7 @@
 )
 from pycardano.hash import DatumHash, ScriptDataHash, ScriptHash, VerificationKeyHash
 from pycardano.key import ExtendedSigningKey, SigningKey, VerificationKey
-from pycardano.logging import logger
+from pycardano.logging import log_state, logger
 from pycardano.metadata import AuxiliaryData
 from pycardano.nativescript import NativeScript, ScriptAll, ScriptAny, ScriptPubkey
 from pycardano.plutus import (
@@ -988,6 +988,7 @@ def _estimate_fee(self):
 
         return estimated_fee
 
+    @log_state
     def build(
         self,
         change_address: Optional[Address] = None,
@@ -1357,6 +1358,7 @@ def _estimate_execution_units(
 
         return self.context.evaluate_tx(tx)
 
+    @log_state
     def build_and_sign(
         self,
         signing_keys: List[Union[SigningKey, ExtendedSigningKey]],
diff --git a/pyproject.toml b/pyproject.toml
index 1e8ccc4b..e0c6c38e 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -39,7 +39,7 @@ docker = "^6.1.3"
 [tool.poetry.dev-dependencies]
 Sphinx = "^4.3.2"
 sphinx-rtd-theme = "^1.1.1"
-pytest = "^7.4.4"
+pytest = "^8.2.0"
 pytest-cov = "^4.0.0"
 flake8 = "^5.0.4"
 isort = "^5.11.4"
@@ -67,6 +67,7 @@ markers = [
     "single"
 ]
 
+
 [tool.isort]
 profile = "black"
 
diff --git a/test/pycardano/test_txbuilder.py b/test/pycardano/test_txbuilder.py
index b09db3ca..373b57c5 100644
--- a/test/pycardano/test_txbuilder.py
+++ b/test/pycardano/test_txbuilder.py
@@ -1,4 +1,5 @@
 import copy
+import logging
 from dataclasses import replace
 from fractions import Fraction
 from test.pycardano.test_key import SK
@@ -220,6 +221,30 @@ def test_tx_builder_raises_utxo_selection(chain_context):
     assert "{AssetName(b'NewToken'): 1}" in e.value.args[0]
 
 
+def test_tx_builder_state_logger_warning_level(chain_context, caplog):
+    with caplog.at_level(logging.WARNING):
+        test_tx_builder_raises_utxo_selection(chain_context)
+        assert "WARNING" in caplog.text
+
+
+def test_tx_builder_state_logger_error_level(chain_context, caplog):
+    with caplog.at_level(logging.ERROR):
+        test_tx_builder_raises_utxo_selection(chain_context)
+        assert "WARNING" not in caplog.text
+
+
+def test_tx_builder_state_logger_info_level(chain_context, caplog):
+    with caplog.at_level(logging.INFO):
+        test_tx_builder_multi_asset(chain_context)
+        assert "DEBUG" not in caplog.text
+
+
+def test_tx_builder_state_logger_debug_level(chain_context, caplog):
+    with caplog.at_level(logging.DEBUG):
+        test_tx_builder_multi_asset(chain_context)
+        assert "DEBUG" in caplog.text
+
+
 def test_tx_too_big_exception(chain_context):
     tx_builder = TransactionBuilder(chain_context)
     sender = "addr_test1vrm9x2zsux7va6w892g38tvchnzahvcd9tykqf3ygnmwtaqyfg52x"