diff --git a/ChangeLog.md b/ChangeLog.md
index abc4cfc7405a..483a54f4a9f5 100644
--- a/ChangeLog.md
+++ b/ChangeLog.md
@@ -18,8 +18,11 @@ to browse the changes between the tags.
 
 See docs/process.md for more on how version tagging works.
 
-3.1.54 (in development)
+3.1.55 (in development)
 -----------------------
+
+3.1.54 - 02/15/24
+-----------------
 - The `DEMANGLE_SUPPORT` setting and the associated `demangle` function are
   now deprecated since Wasm stack traces always contain demangled symbols these
   days. (#21346)
diff --git a/emscripten-version.txt b/emscripten-version.txt
index eb3417a2c22b..85990e631962 100644
--- a/emscripten-version.txt
+++ b/emscripten-version.txt
@@ -1 +1 @@
-3.1.54-git
+3.1.55-git