diff --git a/include/librealsense2/rs.h b/include/librealsense2/rs.h
index b3d58f421d..4a47339d3e 100644
--- a/include/librealsense2/rs.h
+++ b/include/librealsense2/rs.h
@@ -24,7 +24,7 @@ extern "C" {
 #include "h/rs_sensor.h"
 
 #define RS2_API_MAJOR_VERSION    2
-#define RS2_API_MINOR_VERSION    53
+#define RS2_API_MINOR_VERSION    54
 #define RS2_API_PATCH_VERSION    0
 #define RS2_API_BUILD_VERSION    0
 
diff --git a/package.xml b/package.xml
index 61d2cd7532..8257978f03 100644
--- a/package.xml
+++ b/package.xml
@@ -7,7 +7,7 @@
 <package format="2">
   <name>librealsense2</name>
   <!-- The version tag needs to be updated with each new release of librealsense -->
-  <version>2.53.0</version>
+  <version>2.54.0</version>
   <description>
   Library for controlling and capturing data from the Intel(R) RealSense(TM) D400 devices.
   </description>