diff --git a/CHANGELOG.md b/CHANGELOG.md
index 700ca05..6db7409 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,12 +5,9 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/)
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
-## [0.2.55-alpha] - unreleased
-
-This is an alpha version! The changes listed here are not final.
-
+## [0.2.55] - 2023-10-23
 ### Changed
-- Updated package dependencies.
+- Updated package dependencies. [#33646] [#33687]
 
 ## [0.2.54] - 2023-10-16
 ### Changed
@@ -264,7 +261,7 @@ This is an alpha version! The changes listed here are not final.
 - PHPCS: Fix `WordPress.Security.ValidatedSanitizedInput`
 - Updated package dependencies.
 
-[0.2.55-alpha]: https://github.com/Automattic/jetpack-wordads/compare/v0.2.54...v0.2.55-alpha
+[0.2.55]: https://github.com/Automattic/jetpack-wordads/compare/v0.2.54...v0.2.55
 [0.2.54]: https://github.com/Automattic/jetpack-wordads/compare/v0.2.53...v0.2.54
 [0.2.53]: https://github.com/Automattic/jetpack-wordads/compare/v0.2.52...v0.2.53
 [0.2.52]: https://github.com/Automattic/jetpack-wordads/compare/v0.2.51...v0.2.52
diff --git a/package.json b/package.json
index fef6485..2f6ce6f 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
 	"private": true,
 	"name": "@automattic/jetpack-wordads",
-	"version": "0.2.55-alpha",
+	"version": "0.2.55",
 	"description": "Earn income by allowing Jetpack to display high quality ads.",
 	"main": "main.js",
 	"homepage": "https://github.com/Automattic/jetpack/tree/HEAD/projects/packages/wordads/#readme",
@@ -34,7 +34,7 @@
 		"@automattic/color-studio": "2.5.0",
 		"@automattic/jetpack-analytics": "^0.1.27",
 		"@automattic/jetpack-api": "^0.16.4",
-		"@automattic/jetpack-components": "^0.44.1-alpha",
+		"@automattic/jetpack-components": "^0.44.1",
 		"@wordpress/base-styles": "4.35.0",
 		"@wordpress/block-editor": "12.12.0",
 		"@wordpress/data": "9.14.0",
diff --git a/src/class-package.php b/src/class-package.php
index 323bd1b..3605f7c 100644
--- a/src/class-package.php
+++ b/src/class-package.php
@@ -11,7 +11,7 @@
  * WordAds package general information
  */
 class Package {
-	const VERSION = '0.2.55-alpha';
+	const VERSION = '0.2.55';
 	const SLUG    = 'wordads';
 
 	/**