diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9ea637e80..6a798b08f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,37 @@
 # Changelog
 
+## [0.54.0](https://github.com/AztecProtocol/aztec-packages/compare/barretenberg-v0.53.0...barretenberg-v0.54.0) (2024-09-10)
+
+
+### ⚠ BREAKING CHANGES
+
+* **avm:** variants for binary operations ([#8473](https://github.com/AztecProtocol/aztec-packages/issues/8473))
+* **avm:** make JUMP(I) 16-bit ([#8443](https://github.com/AztecProtocol/aztec-packages/issues/8443))
+* **avm:** variants for SET opcode ([#8441](https://github.com/AztecProtocol/aztec-packages/issues/8441))
+* **avm:** variants for MOV opcode ([#8440](https://github.com/AztecProtocol/aztec-packages/issues/8440))
+
+### Features
+
+* (bb) 128-bit challenges ([#8406](https://github.com/AztecProtocol/aztec-packages/issues/8406)) ([d5b2397](https://github.com/AztecProtocol/aztec-packages/commit/d5b239745178d1ce4eb8b8d32fa4b366c13c3c94))
+* **avm:** DSL integration of AVM recursive verifier ([#8405](https://github.com/AztecProtocol/aztec-packages/issues/8405)) ([467120e](https://github.com/AztecProtocol/aztec-packages/commit/467120e5a95de267910c2f95b65dcb62c60f995d)), closes [#8285](https://github.com/AztecProtocol/aztec-packages/issues/8285)
+* **avm:** Make JUMP(I) 16-bit ([#8443](https://github.com/AztecProtocol/aztec-packages/issues/8443)) ([5bb38b1](https://github.com/AztecProtocol/aztec-packages/commit/5bb38b1692469520f29a1c85bc381c1ca9eb4032))
+* **avm:** Variants for binary operations ([#8473](https://github.com/AztecProtocol/aztec-packages/issues/8473)) ([8de1f2a](https://github.com/AztecProtocol/aztec-packages/commit/8de1f2a942024aad955ea0f318cb044e3692b7fc))
+* **avm:** Variants for MOV opcode ([#8440](https://github.com/AztecProtocol/aztec-packages/issues/8440)) ([5b27fbc](https://github.com/AztecProtocol/aztec-packages/commit/5b27fbca982442251a350d6571bdd007b715d575))
+* **avm:** Variants for SET opcode ([#8441](https://github.com/AztecProtocol/aztec-packages/issues/8441)) ([dc43306](https://github.com/AztecProtocol/aztec-packages/commit/dc433064391b2ac93bca6b838adac271fbd28991))
+* **bb:** Towards reduced polynomial memory usage ([#7990](https://github.com/AztecProtocol/aztec-packages/issues/7990)) ([372f23c](https://github.com/AztecProtocol/aztec-packages/commit/372f23ce0aa44a3aa6e1ef2f864df303a3229e6b))
+
+
+### Bug Fixes
+
+* **avm:** Full proving kernel fix ([#8468](https://github.com/AztecProtocol/aztec-packages/issues/8468)) ([684d962](https://github.com/AztecProtocol/aztec-packages/commit/684d96271669116380facfa48db6cba3a5d945de))
+* **bb:** Mac release ([#8450](https://github.com/AztecProtocol/aztec-packages/issues/8450)) ([1b3f914](https://github.com/AztecProtocol/aztec-packages/commit/1b3f914fc069ec84fbd93621eb369128c3ba0dc5))
+
+
+### Miscellaneous
+
+* **bb:** Remove poly downsizing, other fast-follow from structured polys ([#8475](https://github.com/AztecProtocol/aztec-packages/issues/8475)) ([ac88f30](https://github.com/AztecProtocol/aztec-packages/commit/ac88f30808199c2625f889671f2767c3667becb5))
+* Rename files relating to what were "instances" ([#8383](https://github.com/AztecProtocol/aztec-packages/issues/8383)) ([a934e85](https://github.com/AztecProtocol/aztec-packages/commit/a934e85b416a029ae057e0e70277401fb7cfe4b9))
+
 ## [0.53.0](https://github.com/AztecProtocol/aztec-packages/compare/barretenberg-v0.52.0...barretenberg-v0.53.0) (2024-09-09)
 
 
diff --git a/cpp/CMakeLists.txt b/cpp/CMakeLists.txt
index 1e4a86a65..e2caea121 100644
--- a/cpp/CMakeLists.txt
+++ b/cpp/CMakeLists.txt
@@ -6,7 +6,7 @@ cmake_minimum_required(VERSION 3.24 FATAL_ERROR)
 project(
     Barretenberg
     DESCRIPTION "BN254 elliptic curve library, and PLONK SNARK prover"
-    VERSION 0.53.0 # x-release-please-version
+    VERSION 0.54.0 # x-release-please-version
     LANGUAGES CXX C
 )
 # Insert version into `bb` config file
diff --git a/ts/CHANGELOG.md b/ts/CHANGELOG.md
index 3ecc2a8d2..1963704d0 100644
--- a/ts/CHANGELOG.md
+++ b/ts/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [0.54.0](https://github.com/AztecProtocol/aztec-packages/compare/barretenberg.js-v0.53.0...barretenberg.js-v0.54.0) (2024-09-10)
+
+
+### Miscellaneous
+
+* **barretenberg.js:** Synchronize aztec-packages versions
+
 ## [0.53.0](https://github.com/AztecProtocol/aztec-packages/compare/barretenberg.js-v0.52.0...barretenberg.js-v0.53.0) (2024-09-09)
 
 
diff --git a/ts/package.json b/ts/package.json
index 9a72e50ff..28490f7cf 100644
--- a/ts/package.json
+++ b/ts/package.json
@@ -1,7 +1,7 @@
 {
   "name": "@aztec/bb.js",
   "packageManager": "yarn@1.22.22",
-  "version": "0.53.0",
+  "version": "0.54.0",
   "homepage": "https://github.com/AztecProtocol/aztec-packages/tree/master/barretenberg/ts",
   "license": "MIT",
   "type": "module",