diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6b0e6ce..8f60cea 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,10 @@
 # Changelog
 
+## 2025-04-11
+### Added
+- Updated default [`version`](https://github.com/overleaf/toolkit/blob/master/lib/config-seed/version) to `5.4.0`.
+
+
 ## 2025-03-21
 ### Added
 - Updated default [`version`](https://github.com/overleaf/toolkit/blob/master/lib/config-seed/version) to `5.3.3`.
diff --git a/lib/config-seed/version b/lib/config-seed/version
index 74664af..8a30e8f 100644
--- a/lib/config-seed/version
+++ b/lib/config-seed/version
@@ -1 +1 @@
-5.3.3
+5.4.0