diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index b0435106bae7b..5cb1dfbf3fa44 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "2.123.1"
+  ".": "2.124.0"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0e3d4f220fee8..ccf14c4bd0c2e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,20 @@
 # Changelog
 
+## [2.124.0](https://github.com/Flagsmith/flagsmith/compare/v2.123.1...v2.124.0) (2024-06-21)
+
+
+### Features
+
+* Add logic to API usage notification templates ([#4206](https://github.com/Flagsmith/flagsmith/issues/4206)) ([6afa63d](https://github.com/Flagsmith/flagsmith/commit/6afa63d7e2e5e452854944c5034cd2195cf7cffa))
+
+
+### Bug Fixes
+
+* Include free plans for api use notifications ([#4204](https://github.com/Flagsmith/flagsmith/issues/4204)) ([e1f3a7b](https://github.com/Flagsmith/flagsmith/commit/e1f3a7b92344b909f3547024589086685e7c04fa))
+* login redirect ([#4192](https://github.com/Flagsmith/flagsmith/issues/4192)) ([b0bc87a](https://github.com/Flagsmith/flagsmith/commit/b0bc87acbe8c0187eaaa6e01880c64712eea1dba))
+* Metadata UI issues ([#4069](https://github.com/Flagsmith/flagsmith/issues/4069)) ([36c8bb3](https://github.com/Flagsmith/flagsmith/commit/36c8bb3c401ed153dcc0e866e0edab49746a4ff9))
+* Preserve selected environment ([#4190](https://github.com/Flagsmith/flagsmith/issues/4190)) ([6bf9858](https://github.com/Flagsmith/flagsmith/commit/6bf9858ce23400445a3ace960acf78123141cdf0))
+
 ## [2.123.1](https://github.com/Flagsmith/flagsmith/compare/v2.123.0...v2.123.1) (2024-06-19)
 
 
diff --git a/version.txt b/version.txt
index d8ad65df5b831..67d5c2730e18b 100644
--- a/version.txt
+++ b/version.txt
@@ -1 +1 @@
-2.123.1
+2.124.0