diff --git a/CHANGELOG.md b/CHANGELOG.md
index 09a73ae81..96ffed896 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,12 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## v2.5.0-beta.1
+
+### Added
+
+ * New smart contract response codes
+
 ## v2.4.0
 
 ### Fixed
diff --git a/README.md b/README.md
index 189a159f7..cb2ec5cc7 100644
--- a/README.md
+++ b/README.md
@@ -20,10 +20,10 @@ Select _one_ of the following depending on your target platform.
 
 ```groovy
 // Android, Corda DJVM, Java 7+
-implementation 'com.hedera.hashgraph:sdk-jdk7:2.4.0"'
+implementation 'com.hedera.hashgraph:sdk-jdk7:2.5.0-beta.1'
 
 // Java 9+, Kotlin
-implementation 'com.hedera.hashgraph:sdk:2.4.0"'
+implementation 'com.hedera.hashgraph:sdk:2.5.0-beta.1'
 ```
 
 Select _one_ of the following to provide the gRPC implementation.
@@ -61,14 +61,14 @@ Select _one_ of the following depending on your target platform.
 <dependency>
   <groupId>com.hedera.hashgraph</groupId>
   <artifactId>sdk-jdk7</artifactId>
-  <version>2.4.0"</version>
+  <version>2.5.0-beta.1</version>
 </dependency>
 
 <!-- Java 9+, Kotlin -->
 <dependency>
   <groupId>com.hedera.hashgraph</groupId>
   <artifactId>sdk</artifactId>
-  <version>2.4.0"</version>
+  <version>2.5.0-beta.1</version>
 </dependency>
 ```
 
diff --git a/sdk/build.gradle b/sdk/build.gradle
index 4c6232584..dff34e481 100644
--- a/sdk/build.gradle
+++ b/sdk/build.gradle
@@ -7,7 +7,7 @@ plugins {
 }
 
 group = "com.hedera.hashgraph"
-version = "2.4.0"
+version = "2.5.0-beta.1"
 description = "Hedera™ Hashgraph SDK for Java"
 
 configurations {