diff --git a/CHANGELOG.md b/CHANGELOG.md
index 39aa6a6..757be8f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,13 @@
 
 ### This is a list detailing changes for the Jetpack RNA Connection Component releases.
 
+## [0.29.10-alpha] - unreleased
+
+This is an alpha version! The changes listed here are not final.
+
+### Changed
+- Updated package dependencies.
+
 ## [0.29.9] - 2023-09-04
 ### Changed
 - Updated package dependencies. [#32803]
@@ -624,5 +631,6 @@
 - `Main` and `ConnectUser` components added.
 - `JetpackRestApiClient` API client added.
 
+[0.29.10-alpha]: https://github.com/Automattic/jetpack-connection-js/compare/v0.29.9...v0.29.10-alpha
 [0.29.9]: https://github.com/Automattic/jetpack-connection-js/compare/v0.29.8...v0.29.9
 [0.29.8]: https://github.com/Automattic/jetpack-connection-js/compare/v0.29.7...v0.29.8
diff --git a/package.json b/package.json
index 9f0b473..c51dc98 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "@automattic/jetpack-connection",
-	"version": "0.29.9",
+	"version": "0.29.10-alpha",
 	"description": "Jetpack Connection Component",
 	"homepage": "https://github.com/Automattic/jetpack/tree/HEAD/projects/js-packages/connection/#readme",
 	"bugs": {
@@ -31,8 +31,8 @@
 	},
 	"devDependencies": {
 		"@automattic/jetpack-base-styles": "^0.6.9",
-		"@babel/core": "7.22.11",
-		"@babel/preset-react": "7.22.5",
+		"@babel/core": "7.22.17",
+		"@babel/preset-react": "7.22.15",
 		"@storybook/addon-actions": "7.1.0",
 		"@testing-library/dom": "8.19.1",
 		"@testing-library/react": "13.4.0",