diff --git a/beacon_chain/version.nim b/beacon_chain/version.nim
index 49a5da1e38..c2d4b8b24d 100644
--- a/beacon_chain/version.nim
+++ b/beacon_chain/version.nim
@@ -16,8 +16,8 @@ const
   copyrights* =
     "Copyright (c) 2019-" & compileYear & " Status Research & Development GmbH"
 
-  versionMajor* = 23
-  versionMinor* = 11
+  versionMajor* = 24
+  versionMinor* = 1
   versionBuild* = 0
 
   versionBlob* = "stateofus" # Single word - ends up in the default graffiti