diff --git a/CMakeLists.txt b/CMakeLists.txt
index 0836128949..999227935e 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -9,13 +9,13 @@
 cmake_minimum_required(VERSION 3.18)
 
 project("Gridcoin"
-    VERSION 5.4.7.0
+    VERSION 5.4.7.1
     DESCRIPTION "POS-based cryptocurrency that rewards BOINC computation"
     HOMEPAGE_URL "https://gridcoin.us"
     LANGUAGES ASM C CXX
 )
 
-set(CLIENT_VERSION_IS_RELEASE "true")
+set(CLIENT_VERSION_IS_RELEASE "false")
 set(COPYRIGHT_YEAR "2024")
 set(COPYRIGHT_HOLDERS_FINAL "The Gridcoin developers")
 
diff --git a/configure.ac b/configure.ac
index d1a2c0e319..b9943ee673 100755
--- a/configure.ac
+++ b/configure.ac
@@ -3,8 +3,8 @@ AC_PREREQ([2.60])
 define(_CLIENT_VERSION_MAJOR, 5)
 define(_CLIENT_VERSION_MINOR, 4)
 define(_CLIENT_VERSION_REVISION, 7)
-define(_CLIENT_VERSION_BUILD, 0)
-define(_CLIENT_VERSION_IS_RELEASE, true)
+define(_CLIENT_VERSION_BUILD, 1)
+define(_CLIENT_VERSION_IS_RELEASE, false)
 define(_COPYRIGHT_YEAR, 2024)
 define(_COPYRIGHT_HOLDERS,[The %s developers])
 define(_COPYRIGHT_HOLDERS_SUBSTITUTION,[[Gridcoin]])