diff --git a/CHANGELOG.md b/CHANGELOG.md
index b99e110..d643ffc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,12 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.54.0](https://github.com/substrait-io/substrait-rs/compare/v0.53.2...v0.54.0) - 2025-02-20
+
+### Other
+
+- *(deps,cargo)* bump the cargo group with 2 updates (#305)
+
 ## [0.53.2](https://github.com/substrait-io/substrait-rs/compare/v0.53.1...v0.53.2) - 2025-02-12
 
 ### Other
diff --git a/Cargo.lock b/Cargo.lock
index f7b0ae0..28599a4 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -757,7 +757,7 @@ checksum = "a8f112729512f8e442d81f95a8a7ddf2b7c6b8a1a6f509a95864142b30cab2d3"
 
 [[package]]
 name = "substrait"
-version = "0.53.2"
+version = "0.54.0"
 dependencies = [
  "heck",
  "hex",
diff --git a/Cargo.toml b/Cargo.toml
index 972e2d1..ea54974 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,7 +1,7 @@
 # SPDX-License-Identifier: Apache-2.0
 [package]
 name = "substrait"
-version = "0.53.2"
+version = "0.54.0"
 edition = "2021"
 rust-version = "1.80.1"
 description = "Cross-Language Serialization for Relational Algebra"