diff --git a/HISTORY.md b/HISTORY.md
index e6ad1489..04ac5081 100644
--- a/HISTORY.md
+++ b/HISTORY.md
@@ -1,3 +1,10 @@
+## 2.5.4 (October 22, 2024)
+
+### New features
+
+- Implemented cache management for `Connection` and `SourceTag`.
+- Added support for assigning a `SourceTag` with a `value` to an asset.
+
 ## 2.5.3 (October 16, 2024)
 
 ### Bug fixes
diff --git a/pyatlan/version.txt b/pyatlan/version.txt
index aedc15bb..fe16b348 100644
--- a/pyatlan/version.txt
+++ b/pyatlan/version.txt
@@ -1 +1 @@
-2.5.3
+2.5.4