diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 622f9b2f..db9105cf 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 5.3.0
+current_version = 5.4.0
 message = release: Bump version {current_version} to {new_version}
 
 [bumpversion:file:rhodecode/VERSION]
diff --git a/rhodecode/VERSION b/rhodecode/VERSION
index e230c839..1e20ec35 100644
--- a/rhodecode/VERSION
+++ b/rhodecode/VERSION
@@ -1 +1 @@
-5.3.0
\ No newline at end of file
+5.4.0
\ No newline at end of file