diff --git a/desktop/package.json b/desktop/package.json
index 482f25dc3f1..3a9387c4bd5 100644
--- a/desktop/package.json
+++ b/desktop/package.json
@@ -164,7 +164,7 @@
     "npm": "use yarn instead",
     "yarn": "^1.16"
   },
-  "version": "0.253.0",
+  "version": "0.254.0",
   "workspaces": {
     "packages": [
       "scripts",
diff --git a/desktop/plugins/public/layout/docs/setup.mdx b/desktop/plugins/public/layout/docs/setup.mdx
index 2b1f81d920f..95c7991e77b 100644
--- a/desktop/plugins/public/layout/docs/setup.mdx
+++ b/desktop/plugins/public/layout/docs/setup.mdx
@@ -27,7 +27,7 @@ You also need to compile in the `litho-annotations` package, as Flipper reflects
 
 ```groovy
 dependencies {
-  debugImplementation 'com.facebook.flipper:flipper-litho-plugin:0.253.0'
+  debugImplementation 'com.facebook.flipper:flipper-litho-plugin:0.254.0'
   debugImplementation 'com.facebook.litho:litho-annotations:0.19.0'
   // ...
 }
diff --git a/desktop/plugins/public/leak_canary/docs/setup.mdx b/desktop/plugins/public/leak_canary/docs/setup.mdx
index ab56c22656c..6ec4c30eda4 100644
--- a/desktop/plugins/public/leak_canary/docs/setup.mdx
+++ b/desktop/plugins/public/leak_canary/docs/setup.mdx
@@ -8,7 +8,7 @@ To setup the <Link to={useBaseUrl("/docs/features/plugins/leak-canary")}>LeakCan
 
 ```groovy
 dependencies {
-  debugImplementation 'com.facebook.flipper:flipper-leakcanary2-plugin:0.253.0'
+  debugImplementation 'com.facebook.flipper:flipper-leakcanary2-plugin:0.254.0'
   debugImplementation 'com.squareup.leakcanary:leakcanary-android:2.8.1'
 }
 ```
diff --git a/desktop/plugins/public/network/docs/setup.mdx b/desktop/plugins/public/network/docs/setup.mdx
index c3c065c3f07..a4f3c7dbc4f 100644
--- a/desktop/plugins/public/network/docs/setup.mdx
+++ b/desktop/plugins/public/network/docs/setup.mdx
@@ -11,7 +11,7 @@ The network plugin is shipped as a separate Maven artifact, as follows:
 
 ```groovy
 dependencies {
-  debugImplementation 'com.facebook.flipper:flipper-network-plugin:0.253.0'
+  debugImplementation 'com.facebook.flipper:flipper-network-plugin:0.254.0'
 }
 ```
 
diff --git a/docs/getting-started/android-native.mdx b/docs/getting-started/android-native.mdx
index a553fa26005..cbdcf72cff0 100644
--- a/docs/getting-started/android-native.mdx
+++ b/docs/getting-started/android-native.mdx
@@ -24,10 +24,10 @@ repositories {
 }
 
 dependencies {
-  debugImplementation 'com.facebook.flipper:flipper:0.253.0'
+  debugImplementation 'com.facebook.flipper:flipper:0.254.0'
   debugImplementation 'com.facebook.soloader:soloader:0.10.5'
 
-  releaseImplementation 'com.facebook.flipper:flipper-noop:0.253.0'
+  releaseImplementation 'com.facebook.flipper:flipper-noop:0.254.0'
 }
 ```
 
diff --git a/docs/getting-started/react-native-ios.mdx b/docs/getting-started/react-native-ios.mdx
index 14af6750b4b..273037d14c7 100644
--- a/docs/getting-started/react-native-ios.mdx
+++ b/docs/getting-started/react-native-ios.mdx
@@ -51,7 +51,7 @@ Add all of the code below to your `ios/Podfile`:
 platform :ios, '9.0'
 
 def flipper_pods()
-  flipperkit_version = '0.253.0' # should match the version of your Flipper client app
+  flipperkit_version = '0.254.0' # should match the version of your Flipper client app
   pod 'FlipperKit', '~>' + flipperkit_version, :configuration => 'Debug'
   pod 'FlipperKit/FlipperKitLayoutPlugin', '~>' + flipperkit_version, :configuration => 'Debug'
   pod 'FlipperKit/SKIOSNetworkPlugin', '~>' + flipperkit_version, :configuration => 'Debug'
diff --git a/docs/getting-started/react-native.mdx b/docs/getting-started/react-native.mdx
index b98b66f1f16..ca3f349f141 100644
--- a/docs/getting-started/react-native.mdx
+++ b/docs/getting-started/react-native.mdx
@@ -34,7 +34,7 @@ Latest version of Flipper requires react-native 0.69+! If you use react-native <
 
 Android:
 
-1. Bump the `FLIPPER_VERSION` variable in `android/gradle.properties`, for example: `FLIPPER_VERSION=0.253.0`.
+1. Bump the `FLIPPER_VERSION` variable in `android/gradle.properties`, for example: `FLIPPER_VERSION=0.254.0`.
 2. Run `./gradlew clean` in the `android` directory.
 
 iOS:
@@ -44,7 +44,7 @@ react-native version => 0.69.0
 2. Run `pod install --repo-update` in the `ios` directory.
 
 react-native version < 0.69.0
-1. Call `use_flipper` with a specific version in `ios/Podfile`, for example: `use_flipper!({ 'Flipper' => '0.253.0' })`.
+1. Call `use_flipper` with a specific version in `ios/Podfile`, for example: `use_flipper!({ 'Flipper' => '0.254.0' })`.
 2. Run `pod install --repo-update` in the `ios` directory.
 
 ## Manual Setup
diff --git a/gradle.properties b/gradle.properties
index 55d1344811d..3df80e38274 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -3,7 +3,7 @@
 # This source code is licensed under the MIT license found in the
 # LICENSE file in the root directory of this source tree.
 # POM publishing constants
-VERSION_NAME=0.253.1-SNAPSHOT
+VERSION_NAME=0.254.0
 GROUP=com.facebook.flipper
 SONATYPE_STAGING_PROFILE=comfacebook
 POM_URL=https://github.com/facebook/flipper
diff --git a/js/js-flipper/package.json b/js/js-flipper/package.json
index f315a762f2f..61d6e8af8ce 100644
--- a/js/js-flipper/package.json
+++ b/js/js-flipper/package.json
@@ -1,7 +1,7 @@
 {
   "name": "js-flipper",
   "title": "JS Flipper Bindings for Web-Socket based clients",
-  "version": "0.253.0",
+  "version": "0.254.0",
   "main": "lib/index.js",
   "browser": {
     "os": false
diff --git a/react-native/react-native-flipper/package.json b/react-native/react-native-flipper/package.json
index 3ee61c94e4c..559c03bf3fd 100644
--- a/react-native/react-native-flipper/package.json
+++ b/react-native/react-native-flipper/package.json
@@ -1,7 +1,7 @@
 {
   "name": "react-native-flipper",
   "title": "React Native Flipper Bindings",
-  "version": "0.253.0",
+  "version": "0.254.0",
   "description": "Flipper bindings for React Native",
   "main": "index.js",
   "types": "index.d.ts",