diff --git a/CHANGELOG.md b/CHANGELOG.md
index e338d9c5c..885749504 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,10 +1,6 @@
 # Changelog
 
-## 2.54.0-rc.1 / 2024-08-05
-
-* [BUGFIX] TSDB: Exclude OOO chunks mapped after compaction starts (introduced by #14396). #14584
-
-## 2.54.0-rc.0 / 2024-07-19
+## 2.54.0 / 2024-08-09
 
 Release 2.54 brings a release candidate of a major new version of [Remote Write: 2.0](https://prometheus.io/docs/specs/remote_write_spec_2_0/).
 This is experimental at this time and may still change.
@@ -22,7 +18,7 @@ Remote-write v2 is enabled by default, but can be disabled via feature-flag `web
 * [ENHANCEMENT] TSDB: Optimise seek within index. #14393
 * [ENHANCEMENT] TSDB: Optimise deletion of stale series. #14307
 * [ENHANCEMENT] TSDB: Reduce locking to optimise adding and removing series. #13286,#14286
-* [ENHANCEMENT] TSDB: Small optimisation: streamline special handling for out-of-order data. #14396
+* [ENHANCEMENT] TSDB: Small optimisation: streamline special handling for out-of-order data. #14396,#14584
 * [ENHANCEMENT] Regexps: Optimize patterns with multiple prefixes. #13843,#14368
 * [ENHANCEMENT] Regexps: Optimize patterns containing multiple literal strings. #14173
 * [ENHANCEMENT] AWS SD: expose Primary IPv6 addresses as __meta_ec2_primary_ipv6_addresses. #14156
diff --git a/VERSION b/VERSION
index 149ab4732..99aed793a 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-2.54.0-rc.1
+2.54.0
diff --git a/web/ui/module/codemirror-promql/package.json b/web/ui/module/codemirror-promql/package.json
index 26823cdfd..6307f12f3 100644
--- a/web/ui/module/codemirror-promql/package.json
+++ b/web/ui/module/codemirror-promql/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@prometheus-io/codemirror-promql",
-  "version": "0.54.0-rc.1",
+  "version": "0.54.0",
   "description": "a CodeMirror mode for the PromQL language",
   "types": "dist/esm/index.d.ts",
   "module": "dist/esm/index.js",
@@ -29,7 +29,7 @@
   },
   "homepage": "https://github.com/prometheus/prometheus/blob/main/web/ui/module/codemirror-promql/README.md",
   "dependencies": {
-    "@prometheus-io/lezer-promql": "0.54.0-rc.1",
+    "@prometheus-io/lezer-promql": "0.54.0",
     "lru-cache": "^7.18.3"
   },
   "devDependencies": {
diff --git a/web/ui/module/lezer-promql/package.json b/web/ui/module/lezer-promql/package.json
index 774c95967..14d263241 100644
--- a/web/ui/module/lezer-promql/package.json
+++ b/web/ui/module/lezer-promql/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@prometheus-io/lezer-promql",
-  "version": "0.54.0-rc.1",
+  "version": "0.54.0",
   "description": "lezer-based PromQL grammar",
   "main": "dist/index.cjs",
   "type": "module",
diff --git a/web/ui/package-lock.json b/web/ui/package-lock.json
index 3243fe6aa..0f5db9f6d 100644
--- a/web/ui/package-lock.json
+++ b/web/ui/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "prometheus-io",
-  "version": "0.54.0-rc.1",
+  "version": "0.54.0",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "prometheus-io",
-      "version": "0.54.0-rc.1",
+      "version": "0.54.0",
       "workspaces": [
         "react-app",
         "module/*"
@@ -30,10 +30,10 @@
     },
     "module/codemirror-promql": {
       "name": "@prometheus-io/codemirror-promql",
-      "version": "0.54.0-rc.1",
+      "version": "0.54.0",
       "license": "Apache-2.0",
       "dependencies": {
-        "@prometheus-io/lezer-promql": "0.54.0-rc.1",
+        "@prometheus-io/lezer-promql": "0.54.0",
         "lru-cache": "^7.18.3"
       },
       "devDependencies": {
@@ -69,7 +69,7 @@
     },
     "module/lezer-promql": {
       "name": "@prometheus-io/lezer-promql",
-      "version": "0.54.0-rc.1",
+      "version": "0.54.0",
       "license": "Apache-2.0",
       "devDependencies": {
         "@lezer/generator": "^1.7.0",
@@ -19332,7 +19332,7 @@
     },
     "react-app": {
       "name": "@prometheus-io/app",
-      "version": "0.54.0-rc.1",
+      "version": "0.54.0",
       "dependencies": {
         "@codemirror/autocomplete": "^6.17.0",
         "@codemirror/commands": "^6.6.0",
@@ -19350,7 +19350,7 @@
         "@lezer/lr": "^1.4.1",
         "@nexucis/fuzzy": "^0.4.1",
         "@nexucis/kvsearch": "^0.8.1",
-        "@prometheus-io/codemirror-promql": "0.54.0-rc.1",
+        "@prometheus-io/codemirror-promql": "0.54.0",
         "bootstrap": "^4.6.2",
         "css.escape": "^1.5.1",
         "downshift": "^9.0.6",
diff --git a/web/ui/package.json b/web/ui/package.json
index fe1e77ef5..01dd71f34 100644
--- a/web/ui/package.json
+++ b/web/ui/package.json
@@ -28,5 +28,5 @@
     "ts-jest": "^29.2.2",
     "typescript": "^4.9.5"
   },
-  "version": "0.54.0-rc.1"
+  "version": "0.54.0"
 }
diff --git a/web/ui/react-app/package.json b/web/ui/react-app/package.json
index b65354730..01620531a 100644
--- a/web/ui/react-app/package.json
+++ b/web/ui/react-app/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@prometheus-io/app",
-  "version": "0.54.0-rc.1",
+  "version": "0.54.0",
   "private": true,
   "dependencies": {
     "@codemirror/autocomplete": "^6.17.0",
@@ -19,7 +19,7 @@
     "@lezer/lr": "^1.4.1",
     "@nexucis/fuzzy": "^0.4.1",
     "@nexucis/kvsearch": "^0.8.1",
-    "@prometheus-io/codemirror-promql": "0.54.0-rc.1",
+    "@prometheus-io/codemirror-promql": "0.54.0",
     "bootstrap": "^4.6.2",
     "css.escape": "^1.5.1",
     "downshift": "^9.0.6",