diff --git a/package.json b/package.json
index e68a2147364..3078e02efa8 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "code-oss-dev",
-  "version": "1.53.0",
+  "version": "1.54.0",
   "distro": "ef4e25f8dccec71b96ee8c6d0a770f1e53bcf84c",
   "author": {
     "name": "Microsoft Corporation"
@@ -225,4 +225,4 @@
     "elliptic": "^6.5.3",
     "nwmatcher": "^1.4.4"
   }
-}
\ No newline at end of file
+}