diff --git a/charts/hedera-block-node/Chart.yaml b/charts/hedera-block-node/Chart.yaml
index 686fb17d1..37cc7df22 100644
--- a/charts/hedera-block-node/Chart.yaml
+++ b/charts/hedera-block-node/Chart.yaml
@@ -1,5 +1,5 @@
 apiVersion: v2
-appVersion: 0.2.0-SNAPSHOT
+appVersion: 0.3.0-SNAPSHOT
 description: A Helm chart for Hedera Block Node
 home: https://github.com/hashgraph/hedera-block-node
 keywords:
@@ -13,4 +13,4 @@ maintainers:
 name: hedera-block-node
 sources:
   - https://github.com/hashgraph/hedera-block-node
-version: 0.2.0-SNAPSHOT
+version: 0.3.0-SNAPSHOT
diff --git a/gradle.properties b/gradle.properties
index 7157575a1..5ac5f9e14 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,5 +1,5 @@
 # Version number
-version=0.2.0-SNAPSHOT
+version=0.3.0-SNAPSHOT
 
 # Need increased heap for running Gradle itself, or SonarQube will run the JVM out of metaspace
 org.gradle.jvmargs=-Xmx2048m