diff --git a/apps/emqx/include/emqx_release.hrl b/apps/emqx/include/emqx_release.hrl
index 299486ad1..83ed8ae56 100644
--- a/apps/emqx/include/emqx_release.hrl
+++ b/apps/emqx/include/emqx_release.hrl
@@ -32,10 +32,10 @@
 %% `apps/emqx/src/bpapi/README.md'
 
 %% Opensource edition
--define(EMQX_RELEASE_CE, "5.3.2").
+-define(EMQX_RELEASE_CE, "5.4.0-alpha.1").
 
 %% Enterprise edition
--define(EMQX_RELEASE_EE, "5.3.2").
+-define(EMQX_RELEASE_EE, "5.4.0-alpha.1").
 
 %% The HTTP API version
 -define(EMQX_API_VERSION, "5.0").
diff --git a/deploy/charts/emqx-enterprise/Chart.yaml b/deploy/charts/emqx-enterprise/Chart.yaml
index 652b2bcf5..5231d1c27 100644
--- a/deploy/charts/emqx-enterprise/Chart.yaml
+++ b/deploy/charts/emqx-enterprise/Chart.yaml
@@ -14,8 +14,8 @@ type: application
 
 # This is the chart version. This version number should be incremented each time you make changes
 # to the chart and its templates, including the app version.
-version: 5.3.2
+version: 5.4.0-alpha.1
 
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application.
-appVersion: 5.3.2
+appVersion: 5.4.0-alpha.1
diff --git a/deploy/charts/emqx/Chart.yaml b/deploy/charts/emqx/Chart.yaml
index 9444fe14c..0d87c3251 100644
--- a/deploy/charts/emqx/Chart.yaml
+++ b/deploy/charts/emqx/Chart.yaml
@@ -14,8 +14,8 @@ type: application
 
 # This is the chart version. This version number should be incremented each time you make changes
 # to the chart and its templates, including the app version.
-version: 5.3.2
+version: 5.4.0-alpha.1
 
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application.
-appVersion: 5.3.2
+appVersion: 5.4.0-alpha.1
diff --git a/scripts/rel/cut.sh b/scripts/rel/cut.sh
index 5b0e855d1..e218f8d0b 100755
--- a/scripts/rel/cut.sh
+++ b/scripts/rel/cut.sh
@@ -23,6 +23,7 @@ options:
                      release-51
                      release-52
                      release-53
+                     release-54
                      NOTE: this option should be used when --dryrun.
 
   --dryrun:          Do not actually create the git tag.
@@ -37,7 +38,7 @@ options:
 For 5.X series the current working branch must be 'release-5X'
       --.--[  master  ]---------------------------.-----------.---
          \\                                      /
-          \`---[release-53]----(v5.3.1 | e5.3.1)
+          \`---[release-54]----(v5.4.0 | e5.4.0)
 EOF
 }
 
@@ -136,6 +137,12 @@ rel_branch() {
         e5.3.*)
             echo 'release-53'
             ;;
+        v5.4.*)
+            echo 'release-54'
+            ;;
+        e5.4.*)
+            echo 'release-54'
+            ;;
         *)
             logerr "Unsupported version tag $TAG"
             exit 1
diff --git a/scripts/rel/sync-remotes.sh b/scripts/rel/sync-remotes.sh
index 9d3da2715..6b41415f0 100755
--- a/scripts/rel/sync-remotes.sh
+++ b/scripts/rel/sync-remotes.sh
@@ -5,7 +5,7 @@ set -euo pipefail
 # ensure dir
 cd -P -- "$(dirname -- "${BASH_SOURCE[0]}")/../.."
 
-BASE_BRANCHES=( 'release-53' 'release-52' 'release-51' 'master' )
+BASE_BRANCHES=( 'release-54' 'release-53' 'release-52' 'release-51' 'master' )
 
 usage() {
     cat <<EOF
@@ -18,10 +18,11 @@ options:
     It tries to merge (by default with --ff-only option)
     upstreams branches for the current working branch.
     The uppstream branch of the current branch are as below:
+    * release-54: []        # no upstream for 5.4 opensource edition
     * release-53: []        # no upstream for 5.3 opensource edition
     * release-52: []        # no upstream for 5.2 opensource edition
     * release-51: []        # no upstream for 5.1 opensource edition
-    * master: [release-53]  # sync release-53 to master
+    * master: [release-54]  # sync release-54 to master
 
   -b|--base:
     The base branch of current working branch if currently is not
@@ -153,6 +154,9 @@ remote_refs() {
 upstream_branches() {
     local base="$1"
     case "$base" in
+        release-54)
+            remote_ref "$base"
+            ;;
         release-53)
             remote_ref "$base"
             ;;
@@ -163,7 +167,7 @@ upstream_branches() {
             remote_ref "$base"
             ;;
         master)
-            remote_refs "$base" 'release-53'
+            remote_refs "$base" 'release-54'
             ;;
     esac
 }