diff --git a/Cargo.lock b/Cargo.lock
index 165b768..75ce844 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2751,7 +2751,7 @@ checksum = "f962df74c8c05a667b5ee8bcf162993134c104e96440b663c8daa176dc772d8c"
 
 [[package]]
 name = "universal-sierra-compiler"
-version = "2.3.0"
+version = "2.4.0-rc.0"
 dependencies = [
  "anyhow",
  "cairo-lang-casm 2.10.0-rc.1",
diff --git a/Cargo.toml b/Cargo.toml
index 6b471ac..5dbb593 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -4,7 +4,7 @@ description = "Universal-Sierra-Compiler is the tool for Sierra compilation. It
 homepage = "https://github.com/software-mansion/universal-sierra-compiler"
 readme = "README.md"
 repository = "https://github.com/software-mansion/universal-sierra-compiler"
-version = "2.3.0"
+version = "2.4.0-rc.0"
 edition = "2021"
 license = "MIT"