diff --git a/.cz.toml b/.cz.toml
index f9ac83d..ef9c943 100644
--- a/.cz.toml
+++ b/.cz.toml
@@ -2,5 +2,5 @@
 name = "cz_conventional_commits"
 tag_format = "$version"
 version_scheme = "semver"
-version = "0.5.2"
+version = "0.5.3"
 update_changelog_on_bump = true
diff --git a/CHANGELOG.md b/CHANGELOG.md
index b338e78..7ebe7e5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,23 @@
+## 0.5.3 (2024-10-04)
+
+### Feat
+
+- implement OpenTelemetry tracing functionality
+- consolidate analytics proto files in biz and model
+
+### Refactor
+
+- refactor error handling in block lookup process
+- refactor context management by removing OpenTelemetry usage
+- refactor context management for improved clarity
+- enhance context management in initialization process
+- refactor context management and error handling
+- refactor context management for block services
+- refactor context handling in tracing methods
+- eliminate Restful interface from adapterx package
+- refactor context handling for improved consistency (#77)
+- refactor context handling for improved consistency
+
 ## 0.5.2 (2024-10-04)
 
 ### Feat