diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 021366c65bc6..51a24a588c10 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "2.122.0"
+  ".": "2.123.0"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index f2e24d30bdc4..aa0eb3c77e45 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,17 @@
 # Changelog
 
+## [2.123.0](https://github.com/Flagsmith/flagsmith/compare/v2.122.0...v2.123.0) (2024-06-18)
+
+
+### Features
+
+* Add alert message in the FE when exceeded the API usage ([#4027](https://github.com/Flagsmith/flagsmith/issues/4027)) ([da46dab](https://github.com/Flagsmith/flagsmith/commit/da46dab0f82dfa38d68c0108ee6fdbfb2c3a344f))
+
+
+### Bug Fixes
+
+* code highlighting ([#4181](https://github.com/Flagsmith/flagsmith/issues/4181)) ([e6d1f62](https://github.com/Flagsmith/flagsmith/commit/e6d1f620d73ae506767be2daeeb8fcbd1ccea4a1))
+
 ## [2.122.0](https://github.com/Flagsmith/flagsmith/compare/v2.121.0...v2.122.0) (2024-06-18)
 
 
diff --git a/version.txt b/version.txt
index 202f672bab90..bef06dbf6dcc 100644
--- a/version.txt
+++ b/version.txt
@@ -1 +1 @@
-2.122.0
+2.123.0