diff --git a/setup.cfg b/setup.cfg
index 56948be54..6852c8526 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.5.3
+current_version = 1.5.4
 commit = True
 tag = True
 
diff --git a/setup.py b/setup.py
index f1497e00c..a1cc152d0 100644
--- a/setup.py
+++ b/setup.py
@@ -21,7 +21,7 @@
 
 # *IMPORTANT*: Don't manually change the version here. Use the 'bumpversion' utility.
 # see: https://github.com/ethereum/pyethapp/wiki/Development:-Versions-and-Releases
-version = '1.5.3'
+version = '1.5.4'
 
 setup(
     name="ethereum",