diff --git a/CHANGELOG.md b/CHANGELOG.md
index 61dc4b3e..3028ed1b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,17 @@
 
 Full documentation for hipSOLVER is available at the [hipSOLVER Documentation](https://rocm.docs.amd.com/projects/hipSOLVER/en/latest/index.html).
 
+## (Unreleased) hipSOLVER
+
+### Added
+### Changed
+### Removed
+### Optimized
+### Resolved issues
+### Known issues
+### Upcoming changes
+
+
 ## hipSOLVER 2.4.0 for ROCm 6.4.0
 
 ### Added
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 273bf679..d8bca7e8 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -87,7 +87,7 @@ include(ROCMInstallSymlinks)
 include(ROCMClients)
 include(ROCMHeaderWrapper)
 
-set(VERSION_STRING "2.4.0")
+set(VERSION_STRING "2.5.0")
 rocm_setup_version(VERSION ${VERSION_STRING})
 
 if(NOT DEFINED ENV{HIP_PATH})
@@ -228,7 +228,7 @@ endif()
 # Package specific CPACK vars
 if(NOT USE_CUDA)
   set(rocblas_minimum 4.2.0)
-  set(rocsolver_minimum 3.28.0)
+  set(rocsolver_minimum 3.29.0)
   rocm_package_add_dependencies(SHARED_DEPENDS "rocblas >= ${rocblas_minimum}" "rocsolver >= ${rocsolver_minimum}")
   rocm_package_add_rpm_dependencies(STATIC_DEPENDS "rocblas-static-devel >= ${rocblas_minimum}" "rocsolver-static-devel >= ${rocsolver_minimum}")
   rocm_package_add_deb_dependencies(STATIC_DEPENDS "rocblas-static-dev >= ${rocblas_minimum}" "rocsolver-static-dev >= ${rocsolver_minimum}")
diff --git a/bump_hipsolver_version.sh b/bump_hipsolver_version.sh
index 0119e0c8..689d491a 100755
--- a/bump_hipsolver_version.sh
+++ b/bump_hipsolver_version.sh
@@ -4,16 +4,16 @@
 # Edit script to bump versions for new development cycle/release.
 
 # for hipSOLVER version string
-OLD_HIPSOLVER_VERSION="2\.4\.0"
-NEW_HIPSOLVER_VERSION="2.5.0"
+OLD_HIPSOLVER_VERSION="2\.5\.0"
+NEW_HIPSOLVER_VERSION="2.6.0"
 sed -i "s/${OLD_HIPSOLVER_VERSION}/${NEW_HIPSOLVER_VERSION}/g" CMakeLists.txt
 
 # for hipSOLVER library name
-OLD_HIPSOLVER_SOVERSION="0\.4"
-NEW_HIPSOLVER_SOVERSION="0.5"
+OLD_HIPSOLVER_SOVERSION="0\.5"
+NEW_HIPSOLVER_SOVERSION="0.6"
 sed -i "s/${OLD_HIPSOLVER_SOVERSION}/${NEW_HIPSOLVER_SOVERSION}/g" library/CMakeLists.txt
 
 # for rocSOLVER package requirements
-OLD_MINIMUM_ROCSOLVER_VERSION="3\.28\.0"
-NEW_MINIMUM_ROCSOLVER_VERSION="3.29.0"
+OLD_MINIMUM_ROCSOLVER_VERSION="3\.29\.0"
+NEW_MINIMUM_ROCSOLVER_VERSION="3.30.0"
 sed -i "s/${OLD_MINIMUM_ROCSOLVER_VERSION}/${NEW_MINIMUM_ROCSOLVER_VERSION}/g" CMakeLists.txt
diff --git a/library/CMakeLists.txt b/library/CMakeLists.txt
index 522201da..0497d542 100644
--- a/library/CMakeLists.txt
+++ b/library/CMakeLists.txt
@@ -22,7 +22,7 @@
 
 
 # This is incremented when the ABI to the library changes
-set(hipsolver_SOVERSION 0.4)
+set(hipsolver_SOVERSION 0.5)
 
 list(APPEND CMAKE_MODULE_PATH ${PROJECT_SOURCE_DIR}/cmake ${ROCM_PATH}/lib/cmake/hip /opt/rocm/lib/cmake/hip ${HIP_PATH}/cmake)