diff --git a/.version b/.version
index 67617da5..6ae910b3 100644
--- a/.version
+++ b/.version
@@ -1 +1 @@
-v5.3.1
+v5.4.0
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7caa3e33..e6095084 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Change Log
 
+## [v5.4.0](https://github.com/auth0/react-native-auth0/tree/v5.4.0) (2026-01-21)
+
+[Full Changelog](https://github.com/auth0/react-native-auth0/compare/v5.3.1...v5.4.0)
+
+**Added**
+
+- feat: Add Custom Token Exchange support [\#1433](https://github.com/auth0/react-native-auth0/pull/1433) ([subhankarmaiti](https://github.com/subhankarmaiti))
+- docs: add troubleshooting guide for social login callback URL issues [\#1435](https://github.com/auth0/react-native-auth0/pull/1435) ([subhankarmaiti](https://github.com/subhankarmaiti))
+- feat: Add maxRetries configuration for credential renewal (iOS) [\#1432](https://github.com/auth0/react-native-auth0/pull/1432) ([subhankarmaiti](https://github.com/subhankarmaiti))
+
 ## [v5.3.1](https://github.com/auth0/react-native-auth0/tree/v5.3.1) (2025-12-23)
 
 [Full Changelog](https://github.com/auth0/react-native-auth0/compare/v5.3.0...v5.3.1)
diff --git a/package.json b/package.json
index 7df8f7bc..d68d09e1 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "react-native-auth0",
   "title": "React Native Auth0",
-  "version": "5.3.1",
+  "version": "5.4.0",
   "description": "React Native toolkit for Auth0 API",
   "main": "lib/commonjs/index.js",
   "module": "lib/module/index.js",
diff --git a/src/core/utils/telemetry.ts b/src/core/utils/telemetry.ts
index bc32f4d8..f5540ec3 100644
--- a/src/core/utils/telemetry.ts
+++ b/src/core/utils/telemetry.ts
@@ -1,6 +1,6 @@
 export const telemetry = {
   name: 'react-native-auth0',
-  version: '5.3.1',
+  version: '5.4.0',
 };
 
 export type Telemetry = {