diff --git a/package-lock.json b/package-lock.json
index 8ecc9fedd..dd785a75e 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@hashgraph/solo",
-  "version": "0.31.0",
+  "version": "0.31.1",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "@hashgraph/solo",
-      "version": "0.31.0",
+      "version": "0.31.1",
       "license": "Apache2.0",
       "os": [
         "darwin",
diff --git a/package.json b/package.json
index 30e8b669e..6e8173a35 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@hashgraph/solo",
-  "version": "0.31.0",
+  "version": "0.31.1",
   "description": "An opinionated CLI tool to deploy and manage private Hedera Networks.",
   "main": "dist/index.js",
   "type": "module",