diff --git a/Cargo.lock b/Cargo.lock
index 50bbcc1..af2e7f2 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2504,7 +2504,7 @@ dependencies = [
 
 [[package]]
 name = "smartdeploy-cli"
-version = "0.4.2"
+version = "0.5.0"
 dependencies = [
  "assert_cmd",
  "assert_fs",
diff --git a/crates/smartdeploy-cli/CHANGELOG.md b/crates/smartdeploy-cli/CHANGELOG.md
index f7b88df..3d4d94c 100644
--- a/crates/smartdeploy-cli/CHANGELOG.md
+++ b/crates/smartdeploy-cli/CHANGELOG.md
@@ -6,6 +6,14 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.5.0](https://github.com/TENK-DAO/smartdeploy/compare/smartdeploy-cli-v0.4.2...smartdeploy-cli-v0.5.0) - 2024-01-09
+
+### Added
+- [**breaking**] Redeploy smartdeploy on testnet
+
+### Fixed
+- Adapt code to soroban-cli version 20.1.1
+
 ## [0.4.2](https://github.com/TENK-DAO/smartdeploy/compare/smartdeploy-cli-v0.4.1...smartdeploy-cli-v0.4.2) - 2023-11-29
 
 ### Fixed
diff --git a/crates/smartdeploy-cli/Cargo.toml b/crates/smartdeploy-cli/Cargo.toml
index 1feba16..7244264 100644
--- a/crates/smartdeploy-cli/Cargo.toml
+++ b/crates/smartdeploy-cli/Cargo.toml
@@ -4,7 +4,7 @@ description = "Smartdeploy CLI"
 authors = ["Willem Wyndham <willem@ahalabs.dev>"]
 license = "Apache-2.0"
 readme = "../../README.md"
-version = "0.4.2"
+version = "0.5.0"
 edition = "2021"
 rust-version = "1.70"
 autobins = false