diff --git a/CHANGES-3.2 b/CHANGES-3.2
index cc9e7b8ac9e42e245f187d32b992107426689b21..b9ef260f620637d055de1642d29ff2358382629a 100644
--- a/CHANGES-3.2
+++ b/CHANGES-3.2
@@ -7,7 +7,19 @@ contributors are listed. Note that Calamares does not have a historical
 changelog -- this log starts with version 3.2.0. The release notes on the
 website will have to do for older versions.
 
-# 3.2.53 (3022-03-04) #
+# 3.2.54 (unreleased) #
+
+This release contains contributions from (alphabetically by first name):
+ - Nobody yet
+
+## Core ##
+ - Nothing yet
+
+## Modules ##
+ - Nothing yet
+
+
+# 3.2.53 (2022-03-04) #
 
 This release contains contributions from (alphabetically by first name):
  - Huang Jia Wen (new contributor! Welcome!)
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 29f3df083b17708e96c7024bb4104e78863eacda..b70c6bec6f53b851fecac62faf4019b17c7a1b3c 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -41,11 +41,11 @@
 # TODO:3.3: Require CMake 3.12
 cmake_minimum_required( VERSION 3.3 FATAL_ERROR )
 project( CALAMARES
-    VERSION 3.2.53
+    VERSION 3.2.54
     LANGUAGES C CXX
 )
 
-set( CALAMARES_VERSION_RC 0 )  # Set to 0 during release cycle, 1 during development
+set( CALAMARES_VERSION_RC 1 )  # Set to 0 during release cycle, 1 during development
 if( CALAMARES_VERSION_RC EQUAL 1 AND CMAKE_SOURCE_DIR STREQUAL CMAKE_BINARY_DIR )
     message( FATAL_ERROR "Do not build development versions in the source-directory." )
 endif()