diff --git a/CHANGELOG.md b/CHANGELOG.md
index db5a580558..334f2d476e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -26,6 +26,9 @@ They are:
 - `multiversx-chain-scenario-format`, in short `scenario-format`, scenario JSON serializer/deserializer, 1 crate.
 - `multiversx-sdk`, in short `sdk`, allows communication with the chain(s), 1 crate.
 
+## [sc 0.48.0-alpha.1] - 2024-03-27
+First pre-release of the unified syntax. Syntax not yet stabilized, should only be used for experimenting with various smart contracts.
+
 ## [sc 0.47.8] - 2024-03-22
 - Test coverage functionality in sc-meta.
 - Removed deprecation from legacy whitebox testing framework, since it is still used extensively.
diff --git a/Cargo.lock b/Cargo.lock
index 0362d5974b..9fd01b92b0 100755
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1782,7 +1782,7 @@ checksum = "b59072fa0624b55ae5ae3fa6bfa91515bbeb4ac440214bc4a509e2c8806d6e9f"
 
 [[package]]
 name = "multiversx-price-aggregator-sc"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 dependencies = [
  "arrayvec",
  "getrandom 0.2.12",
@@ -1803,7 +1803,7 @@ dependencies = [
 
 [[package]]
 name = "multiversx-sc"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 dependencies = [
  "bitflags 2.4.2",
  "hex-literal",
@@ -1833,7 +1833,7 @@ dependencies = [
 
 [[package]]
 name = "multiversx-sc-derive"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 dependencies = [
  "hex",
  "proc-macro2",
@@ -1844,7 +1844,7 @@ dependencies = [
 
 [[package]]
 name = "multiversx-sc-meta"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 dependencies = [
  "clap",
  "colored",
@@ -1870,14 +1870,14 @@ dependencies = [
 
 [[package]]
 name = "multiversx-sc-modules"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 dependencies = [
  "multiversx-sc",
 ]
 
 [[package]]
 name = "multiversx-sc-scenario"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 dependencies = [
  "base64",
  "bech32",
@@ -1903,7 +1903,7 @@ dependencies = [
 
 [[package]]
 name = "multiversx-sc-snippets"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 dependencies = [
  "base64",
  "env_logger",
@@ -1917,7 +1917,7 @@ dependencies = [
 
 [[package]]
 name = "multiversx-sc-wasm-adapter"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 dependencies = [
  "multiversx-sc",
 ]
@@ -1948,7 +1948,7 @@ dependencies = [
 
 [[package]]
 name = "multiversx-wegld-swap-sc"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 dependencies = [
  "multiversx-sc",
  "multiversx-sc-modules",
diff --git a/contracts/benchmarks/large-storage/Cargo.toml b/contracts/benchmarks/large-storage/Cargo.toml
index d8d51ae966..76d7afedeb 100644
--- a/contracts/benchmarks/large-storage/Cargo.toml
+++ b/contracts/benchmarks/large-storage/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/large_storage.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/benchmarks/large-storage/meta/Cargo.toml b/contracts/benchmarks/large-storage/meta/Cargo.toml
index fc26387f50..2254c4420c 100644
--- a/contracts/benchmarks/large-storage/meta/Cargo.toml
+++ b/contracts/benchmarks/large-storage/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/benchmarks/large-storage/wasm/Cargo.toml b/contracts/benchmarks/large-storage/wasm/Cargo.toml
index 43578fbca6..230e56af0d 100644
--- a/contracts/benchmarks/large-storage/wasm/Cargo.toml
+++ b/contracts/benchmarks/large-storage/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/benchmarks/mappers/benchmark-common/Cargo.toml b/contracts/benchmarks/mappers/benchmark-common/Cargo.toml
index 8677e1dc01..c1bbf5e83e 100644
--- a/contracts/benchmarks/mappers/benchmark-common/Cargo.toml
+++ b/contracts/benchmarks/mappers/benchmark-common/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/lib.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/benchmarks/mappers/linked-list-repeat/Cargo.toml b/contracts/benchmarks/mappers/linked-list-repeat/Cargo.toml
index af3d114fd2..061048a6df 100644
--- a/contracts/benchmarks/mappers/linked-list-repeat/Cargo.toml
+++ b/contracts/benchmarks/mappers/linked-list-repeat/Cargo.toml
@@ -13,9 +13,9 @@ path = "../benchmark-common"
 
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/benchmarks/mappers/linked-list-repeat/meta/Cargo.toml b/contracts/benchmarks/mappers/linked-list-repeat/meta/Cargo.toml
index 3c360bd518..b624e75086 100644
--- a/contracts/benchmarks/mappers/linked-list-repeat/meta/Cargo.toml
+++ b/contracts/benchmarks/mappers/linked-list-repeat/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/benchmarks/mappers/linked-list-repeat/wasm/Cargo.toml b/contracts/benchmarks/mappers/linked-list-repeat/wasm/Cargo.toml
index bb1eb11323..ace678f712 100644
--- a/contracts/benchmarks/mappers/linked-list-repeat/wasm/Cargo.toml
+++ b/contracts/benchmarks/mappers/linked-list-repeat/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/benchmarks/mappers/map-repeat/Cargo.toml b/contracts/benchmarks/mappers/map-repeat/Cargo.toml
index 18ff68251c..db9daa1423 100644
--- a/contracts/benchmarks/mappers/map-repeat/Cargo.toml
+++ b/contracts/benchmarks/mappers/map-repeat/Cargo.toml
@@ -13,9 +13,9 @@ path = "../benchmark-common"
 
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/benchmarks/mappers/map-repeat/meta/Cargo.toml b/contracts/benchmarks/mappers/map-repeat/meta/Cargo.toml
index 2ef4df4850..546eae9b5f 100644
--- a/contracts/benchmarks/mappers/map-repeat/meta/Cargo.toml
+++ b/contracts/benchmarks/mappers/map-repeat/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/benchmarks/mappers/map-repeat/wasm/Cargo.toml b/contracts/benchmarks/mappers/map-repeat/wasm/Cargo.toml
index c49b4cfb90..712981fb56 100644
--- a/contracts/benchmarks/mappers/map-repeat/wasm/Cargo.toml
+++ b/contracts/benchmarks/mappers/map-repeat/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/benchmarks/mappers/queue-repeat/Cargo.toml b/contracts/benchmarks/mappers/queue-repeat/Cargo.toml
index 82615c61e9..c82d290d6e 100644
--- a/contracts/benchmarks/mappers/queue-repeat/Cargo.toml
+++ b/contracts/benchmarks/mappers/queue-repeat/Cargo.toml
@@ -13,9 +13,9 @@ path = "../benchmark-common"
 
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/benchmarks/mappers/queue-repeat/meta/Cargo.toml b/contracts/benchmarks/mappers/queue-repeat/meta/Cargo.toml
index 6c017510da..c316ce1ffd 100644
--- a/contracts/benchmarks/mappers/queue-repeat/meta/Cargo.toml
+++ b/contracts/benchmarks/mappers/queue-repeat/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/benchmarks/mappers/queue-repeat/wasm/Cargo.toml b/contracts/benchmarks/mappers/queue-repeat/wasm/Cargo.toml
index ca9077b541..0d80a14323 100644
--- a/contracts/benchmarks/mappers/queue-repeat/wasm/Cargo.toml
+++ b/contracts/benchmarks/mappers/queue-repeat/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/benchmarks/mappers/set-repeat/Cargo.toml b/contracts/benchmarks/mappers/set-repeat/Cargo.toml
index cfabe4e46d..3b3cd16b75 100644
--- a/contracts/benchmarks/mappers/set-repeat/Cargo.toml
+++ b/contracts/benchmarks/mappers/set-repeat/Cargo.toml
@@ -13,9 +13,9 @@ path = "../benchmark-common"
 
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/benchmarks/mappers/set-repeat/meta/Cargo.toml b/contracts/benchmarks/mappers/set-repeat/meta/Cargo.toml
index c722ed9b9e..3b521eb613 100644
--- a/contracts/benchmarks/mappers/set-repeat/meta/Cargo.toml
+++ b/contracts/benchmarks/mappers/set-repeat/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/benchmarks/mappers/set-repeat/wasm/Cargo.toml b/contracts/benchmarks/mappers/set-repeat/wasm/Cargo.toml
index 8737881c35..5b58aaf06a 100644
--- a/contracts/benchmarks/mappers/set-repeat/wasm/Cargo.toml
+++ b/contracts/benchmarks/mappers/set-repeat/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/benchmarks/mappers/single-value-repeat/Cargo.toml b/contracts/benchmarks/mappers/single-value-repeat/Cargo.toml
index 456e49050c..55ec5ca196 100644
--- a/contracts/benchmarks/mappers/single-value-repeat/Cargo.toml
+++ b/contracts/benchmarks/mappers/single-value-repeat/Cargo.toml
@@ -13,9 +13,9 @@ path = "../benchmark-common"
 
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/benchmarks/mappers/single-value-repeat/meta/Cargo.toml b/contracts/benchmarks/mappers/single-value-repeat/meta/Cargo.toml
index efb702f58c..a697fed55e 100644
--- a/contracts/benchmarks/mappers/single-value-repeat/meta/Cargo.toml
+++ b/contracts/benchmarks/mappers/single-value-repeat/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/benchmarks/mappers/single-value-repeat/wasm/Cargo.toml b/contracts/benchmarks/mappers/single-value-repeat/wasm/Cargo.toml
index 1373a98a29..8b2277fd26 100644
--- a/contracts/benchmarks/mappers/single-value-repeat/wasm/Cargo.toml
+++ b/contracts/benchmarks/mappers/single-value-repeat/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/benchmarks/mappers/vec-repeat/Cargo.toml b/contracts/benchmarks/mappers/vec-repeat/Cargo.toml
index 66a7f34c1e..62133b16bf 100644
--- a/contracts/benchmarks/mappers/vec-repeat/Cargo.toml
+++ b/contracts/benchmarks/mappers/vec-repeat/Cargo.toml
@@ -13,9 +13,9 @@ path = "../benchmark-common"
 
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/benchmarks/mappers/vec-repeat/meta/Cargo.toml b/contracts/benchmarks/mappers/vec-repeat/meta/Cargo.toml
index 12c7a4952d..4e282f6b3f 100644
--- a/contracts/benchmarks/mappers/vec-repeat/meta/Cargo.toml
+++ b/contracts/benchmarks/mappers/vec-repeat/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/benchmarks/mappers/vec-repeat/wasm/Cargo.toml b/contracts/benchmarks/mappers/vec-repeat/wasm/Cargo.toml
index 71308601eb..fa3c8776b7 100644
--- a/contracts/benchmarks/mappers/vec-repeat/wasm/Cargo.toml
+++ b/contracts/benchmarks/mappers/vec-repeat/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/benchmarks/send-tx-repeat/Cargo.toml b/contracts/benchmarks/send-tx-repeat/Cargo.toml
index 7284596303..c54ceceffd 100644
--- a/contracts/benchmarks/send-tx-repeat/Cargo.toml
+++ b/contracts/benchmarks/send-tx-repeat/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/send_tx_repeat.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/benchmarks/send-tx-repeat/meta/Cargo.toml b/contracts/benchmarks/send-tx-repeat/meta/Cargo.toml
index 0bc84fbdc2..347a13daa3 100644
--- a/contracts/benchmarks/send-tx-repeat/meta/Cargo.toml
+++ b/contracts/benchmarks/send-tx-repeat/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/benchmarks/send-tx-repeat/wasm/Cargo.toml b/contracts/benchmarks/send-tx-repeat/wasm/Cargo.toml
index c0c13946cc..fdb1d747bd 100644
--- a/contracts/benchmarks/send-tx-repeat/wasm/Cargo.toml
+++ b/contracts/benchmarks/send-tx-repeat/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/benchmarks/str-repeat/Cargo.toml b/contracts/benchmarks/str-repeat/Cargo.toml
index 116327da15..fe6f028e79 100644
--- a/contracts/benchmarks/str-repeat/Cargo.toml
+++ b/contracts/benchmarks/str-repeat/Cargo.toml
@@ -9,10 +9,10 @@ publish = false
 path = "src/str_repeat.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 features = ["alloc"]
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/benchmarks/str-repeat/meta/Cargo.toml b/contracts/benchmarks/str-repeat/meta/Cargo.toml
index 6792de337f..352057cbf6 100644
--- a/contracts/benchmarks/str-repeat/meta/Cargo.toml
+++ b/contracts/benchmarks/str-repeat/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/benchmarks/str-repeat/wasm/Cargo.toml b/contracts/benchmarks/str-repeat/wasm/Cargo.toml
index a36fe3ee2c..d6925a89b2 100644
--- a/contracts/benchmarks/str-repeat/wasm/Cargo.toml
+++ b/contracts/benchmarks/str-repeat/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/core/price-aggregator/Cargo.toml b/contracts/core/price-aggregator/Cargo.toml
index ed988e0663..3c3798ff7b 100644
--- a/contracts/core/price-aggregator/Cargo.toml
+++ b/contracts/core/price-aggregator/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "multiversx-price-aggregator-sc"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 authors = [
     "Claudiu-Marcel Bruda <claudiu.bruda@multiversx.com>",
     "MultiversX <contact@multiversx.com>",
@@ -19,15 +19,15 @@ edition = "2021"
 path = "src/lib.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dependencies.multiversx-sc-modules]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../contracts/modules"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
 [dependencies]
diff --git a/contracts/core/price-aggregator/meta/Cargo.toml b/contracts/core/price-aggregator/meta/Cargo.toml
index 2cd9bbab1a..5afc4b38ca 100644
--- a/contracts/core/price-aggregator/meta/Cargo.toml
+++ b/contracts/core/price-aggregator/meta/Cargo.toml
@@ -8,10 +8,10 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/core/price-aggregator/wasm/Cargo.toml b/contracts/core/price-aggregator/wasm/Cargo.toml
index b553602e97..efd3544255 100644
--- a/contracts/core/price-aggregator/wasm/Cargo.toml
+++ b/contracts/core/price-aggregator/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/core/wegld-swap/Cargo.toml b/contracts/core/wegld-swap/Cargo.toml
index 64157bb652..349888dde6 100644
--- a/contracts/core/wegld-swap/Cargo.toml
+++ b/contracts/core/wegld-swap/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "multiversx-wegld-swap-sc"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 
 authors = [
     "Dorin Iancu <dorin.iancu@multiversx.com>",
@@ -20,13 +20,13 @@ edition = "2021"
 path = "src/wegld.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dependencies.multiversx-sc-modules]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../contracts/modules"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/core/wegld-swap/meta/Cargo.toml b/contracts/core/wegld-swap/meta/Cargo.toml
index 213dfa0c5e..2f450b3e11 100644
--- a/contracts/core/wegld-swap/meta/Cargo.toml
+++ b/contracts/core/wegld-swap/meta/Cargo.toml
@@ -11,10 +11,10 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/core/wegld-swap/wasm/Cargo.toml b/contracts/core/wegld-swap/wasm/Cargo.toml
index 3dee2153c4..c80d11696e 100644
--- a/contracts/core/wegld-swap/wasm/Cargo.toml
+++ b/contracts/core/wegld-swap/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/adder/Cargo.toml b/contracts/examples/adder/Cargo.toml
index f5a121ae40..08d2726ed0 100644
--- a/contracts/examples/adder/Cargo.toml
+++ b/contracts/examples/adder/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/adder.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/examples/adder/interact/Cargo.toml b/contracts/examples/adder/interact/Cargo.toml
index 142f39c28c..631be0f14f 100644
--- a/contracts/examples/adder/interact/Cargo.toml
+++ b/contracts/examples/adder/interact/Cargo.toml
@@ -18,5 +18,5 @@ toml = "0.8.6"
 path = ".."
 
 [dependencies.multiversx-sc-snippets]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/snippets"
diff --git a/contracts/examples/adder/meta/Cargo.toml b/contracts/examples/adder/meta/Cargo.toml
index dfe91b3e7d..d8680ef04e 100644
--- a/contracts/examples/adder/meta/Cargo.toml
+++ b/contracts/examples/adder/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/adder/wasm/Cargo.toml b/contracts/examples/adder/wasm/Cargo.toml
index 21d0226bb2..52a8bdaa52 100644
--- a/contracts/examples/adder/wasm/Cargo.toml
+++ b/contracts/examples/adder/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/bonding-curve-contract/Cargo.toml b/contracts/examples/bonding-curve-contract/Cargo.toml
index 214b810a7f..ea7d233a07 100644
--- a/contracts/examples/bonding-curve-contract/Cargo.toml
+++ b/contracts/examples/bonding-curve-contract/Cargo.toml
@@ -9,14 +9,14 @@ publish = false
 path = "src/bonding_curve_contract.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dependencies.multiversx-sc-modules]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../contracts/modules"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
diff --git a/contracts/examples/bonding-curve-contract/meta/Cargo.toml b/contracts/examples/bonding-curve-contract/meta/Cargo.toml
index 531d3b0113..1e68dd7026 100644
--- a/contracts/examples/bonding-curve-contract/meta/Cargo.toml
+++ b/contracts/examples/bonding-curve-contract/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/bonding-curve-contract/wasm/Cargo.toml b/contracts/examples/bonding-curve-contract/wasm/Cargo.toml
index f575a2ff9f..a66c323a82 100644
--- a/contracts/examples/bonding-curve-contract/wasm/Cargo.toml
+++ b/contracts/examples/bonding-curve-contract/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/check-pause/Cargo.toml b/contracts/examples/check-pause/Cargo.toml
index 008b308b83..200624dc5f 100644
--- a/contracts/examples/check-pause/Cargo.toml
+++ b/contracts/examples/check-pause/Cargo.toml
@@ -12,14 +12,14 @@ path = "src/check_pause.rs"
 num-bigint = "0.4"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dependencies.multiversx-sc-modules]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../contracts/modules"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
diff --git a/contracts/examples/check-pause/meta/Cargo.toml b/contracts/examples/check-pause/meta/Cargo.toml
index c4b5f792f1..cc827958db 100644
--- a/contracts/examples/check-pause/meta/Cargo.toml
+++ b/contracts/examples/check-pause/meta/Cargo.toml
@@ -9,6 +9,6 @@ authors = ["Alin Cruceat <alin.cruceat@multiversx.com>"]
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/check-pause/wasm/Cargo.toml b/contracts/examples/check-pause/wasm/Cargo.toml
index 1c40a1c120..080134a090 100644
--- a/contracts/examples/check-pause/wasm/Cargo.toml
+++ b/contracts/examples/check-pause/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/crowdfunding-esdt/Cargo.toml b/contracts/examples/crowdfunding-esdt/Cargo.toml
index e5a85e92fb..7572f709b4 100644
--- a/contracts/examples/crowdfunding-esdt/Cargo.toml
+++ b/contracts/examples/crowdfunding-esdt/Cargo.toml
@@ -9,11 +9,11 @@ publish = false
 path = "src/crowdfunding_esdt.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
 [dev-dependencies]
diff --git a/contracts/examples/crowdfunding-esdt/meta/Cargo.toml b/contracts/examples/crowdfunding-esdt/meta/Cargo.toml
index 100c48ff0b..38a87c8b3f 100644
--- a/contracts/examples/crowdfunding-esdt/meta/Cargo.toml
+++ b/contracts/examples/crowdfunding-esdt/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/crowdfunding-esdt/wasm/Cargo.toml b/contracts/examples/crowdfunding-esdt/wasm/Cargo.toml
index 2202fb5bf2..e1dacf90ee 100644
--- a/contracts/examples/crowdfunding-esdt/wasm/Cargo.toml
+++ b/contracts/examples/crowdfunding-esdt/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/crypto-bubbles/Cargo.toml b/contracts/examples/crypto-bubbles/Cargo.toml
index 2e3590429a..21598a91cd 100644
--- a/contracts/examples/crypto-bubbles/Cargo.toml
+++ b/contracts/examples/crypto-bubbles/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/crypto_bubbles.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/examples/crypto-bubbles/meta/Cargo.toml b/contracts/examples/crypto-bubbles/meta/Cargo.toml
index a1f11927a9..e9320b4dc1 100644
--- a/contracts/examples/crypto-bubbles/meta/Cargo.toml
+++ b/contracts/examples/crypto-bubbles/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/crypto-bubbles/wasm/Cargo.toml b/contracts/examples/crypto-bubbles/wasm/Cargo.toml
index 7075fe64da..e360e8b7e5 100644
--- a/contracts/examples/crypto-bubbles/wasm/Cargo.toml
+++ b/contracts/examples/crypto-bubbles/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/crypto-kitties/common/kitty/Cargo.toml b/contracts/examples/crypto-kitties/common/kitty/Cargo.toml
index 23eaa019f3..b2d8319c3d 100644
--- a/contracts/examples/crypto-kitties/common/kitty/Cargo.toml
+++ b/contracts/examples/crypto-kitties/common/kitty/Cargo.toml
@@ -9,7 +9,7 @@ publish = false
 path = "src/lib.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/base"
 
 [dependencies.random]
diff --git a/contracts/examples/crypto-kitties/common/random/Cargo.toml b/contracts/examples/crypto-kitties/common/random/Cargo.toml
index cca99947d8..24109bcb9c 100644
--- a/contracts/examples/crypto-kitties/common/random/Cargo.toml
+++ b/contracts/examples/crypto-kitties/common/random/Cargo.toml
@@ -8,5 +8,5 @@ edition = "2021"
 path = "src/lib.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/base"
diff --git a/contracts/examples/crypto-kitties/kitty-auction/Cargo.toml b/contracts/examples/crypto-kitties/kitty-auction/Cargo.toml
index 9ee13ed08d..55b09c7d21 100644
--- a/contracts/examples/crypto-kitties/kitty-auction/Cargo.toml
+++ b/contracts/examples/crypto-kitties/kitty-auction/Cargo.toml
@@ -17,9 +17,9 @@ version = "0.0.0"
 path = "../kitty-ownership"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/examples/crypto-kitties/kitty-auction/meta/Cargo.toml b/contracts/examples/crypto-kitties/kitty-auction/meta/Cargo.toml
index aaf92d9d1d..8e8c9610d6 100644
--- a/contracts/examples/crypto-kitties/kitty-auction/meta/Cargo.toml
+++ b/contracts/examples/crypto-kitties/kitty-auction/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/crypto-kitties/kitty-auction/wasm/Cargo.toml b/contracts/examples/crypto-kitties/kitty-auction/wasm/Cargo.toml
index fd1bc05228..b537f4d0f0 100644
--- a/contracts/examples/crypto-kitties/kitty-auction/wasm/Cargo.toml
+++ b/contracts/examples/crypto-kitties/kitty-auction/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/crypto-kitties/kitty-genetic-alg/Cargo.toml b/contracts/examples/crypto-kitties/kitty-genetic-alg/Cargo.toml
index 75ffc5989c..f28f89a1a5 100644
--- a/contracts/examples/crypto-kitties/kitty-genetic-alg/Cargo.toml
+++ b/contracts/examples/crypto-kitties/kitty-genetic-alg/Cargo.toml
@@ -18,9 +18,9 @@ version = "0.0.0"
 path = "../common/random"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/examples/crypto-kitties/kitty-genetic-alg/meta/Cargo.toml b/contracts/examples/crypto-kitties/kitty-genetic-alg/meta/Cargo.toml
index 17514bb97f..15da5dfffd 100644
--- a/contracts/examples/crypto-kitties/kitty-genetic-alg/meta/Cargo.toml
+++ b/contracts/examples/crypto-kitties/kitty-genetic-alg/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/crypto-kitties/kitty-genetic-alg/wasm/Cargo.toml b/contracts/examples/crypto-kitties/kitty-genetic-alg/wasm/Cargo.toml
index ad70a987be..991b4e18be 100644
--- a/contracts/examples/crypto-kitties/kitty-genetic-alg/wasm/Cargo.toml
+++ b/contracts/examples/crypto-kitties/kitty-genetic-alg/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/crypto-kitties/kitty-ownership/Cargo.toml b/contracts/examples/crypto-kitties/kitty-ownership/Cargo.toml
index 9d7e08a9cf..2fa49433d0 100644
--- a/contracts/examples/crypto-kitties/kitty-ownership/Cargo.toml
+++ b/contracts/examples/crypto-kitties/kitty-ownership/Cargo.toml
@@ -21,9 +21,9 @@ version = "0.0.0"
 path = "../kitty-genetic-alg"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/examples/crypto-kitties/kitty-ownership/meta/Cargo.toml b/contracts/examples/crypto-kitties/kitty-ownership/meta/Cargo.toml
index 582fa4313f..706cd065e9 100644
--- a/contracts/examples/crypto-kitties/kitty-ownership/meta/Cargo.toml
+++ b/contracts/examples/crypto-kitties/kitty-ownership/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/crypto-kitties/kitty-ownership/wasm/Cargo.toml b/contracts/examples/crypto-kitties/kitty-ownership/wasm/Cargo.toml
index 6c7f572232..e325fb57e0 100644
--- a/contracts/examples/crypto-kitties/kitty-ownership/wasm/Cargo.toml
+++ b/contracts/examples/crypto-kitties/kitty-ownership/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/crypto-zombies/Cargo.toml b/contracts/examples/crypto-zombies/Cargo.toml
index 63d67d258b..7cb4431e16 100644
--- a/contracts/examples/crypto-zombies/Cargo.toml
+++ b/contracts/examples/crypto-zombies/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/lib.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/examples/crypto-zombies/meta/Cargo.toml b/contracts/examples/crypto-zombies/meta/Cargo.toml
index 8a3ac45fa8..c8db30c9e1 100644
--- a/contracts/examples/crypto-zombies/meta/Cargo.toml
+++ b/contracts/examples/crypto-zombies/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/crypto-zombies/wasm/Cargo.toml b/contracts/examples/crypto-zombies/wasm/Cargo.toml
index fd7179dea8..8454eeeb29 100644
--- a/contracts/examples/crypto-zombies/wasm/Cargo.toml
+++ b/contracts/examples/crypto-zombies/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/digital-cash/Cargo.toml b/contracts/examples/digital-cash/Cargo.toml
index d9bdd6b52c..73ca72b72b 100644
--- a/contracts/examples/digital-cash/Cargo.toml
+++ b/contracts/examples/digital-cash/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/digital_cash.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/examples/digital-cash/meta/Cargo.toml b/contracts/examples/digital-cash/meta/Cargo.toml
index 5692d13296..5231e4aeeb 100644
--- a/contracts/examples/digital-cash/meta/Cargo.toml
+++ b/contracts/examples/digital-cash/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/digital-cash/wasm/Cargo.toml b/contracts/examples/digital-cash/wasm/Cargo.toml
index 1a990dca60..2c775046d8 100644
--- a/contracts/examples/digital-cash/wasm/Cargo.toml
+++ b/contracts/examples/digital-cash/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/empty/Cargo.toml b/contracts/examples/empty/Cargo.toml
index 5ed6cf966f..4fc343c152 100644
--- a/contracts/examples/empty/Cargo.toml
+++ b/contracts/examples/empty/Cargo.toml
@@ -9,11 +9,11 @@ publish = false
 path = "src/empty.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
 [dev-dependencies]
diff --git a/contracts/examples/empty/meta/Cargo.toml b/contracts/examples/empty/meta/Cargo.toml
index c27adb6ad1..eb68c21f83 100644
--- a/contracts/examples/empty/meta/Cargo.toml
+++ b/contracts/examples/empty/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/empty/wasm/Cargo.toml b/contracts/examples/empty/wasm/Cargo.toml
index 1c3cae4528..2f8bd45e1f 100644
--- a/contracts/examples/empty/wasm/Cargo.toml
+++ b/contracts/examples/empty/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/esdt-transfer-with-fee/Cargo.toml b/contracts/examples/esdt-transfer-with-fee/Cargo.toml
index e56c0ace06..33b47ff4fa 100644
--- a/contracts/examples/esdt-transfer-with-fee/Cargo.toml
+++ b/contracts/examples/esdt-transfer-with-fee/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/esdt_transfer_with_fee.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/examples/esdt-transfer-with-fee/meta/Cargo.toml b/contracts/examples/esdt-transfer-with-fee/meta/Cargo.toml
index b774dd1607..76e2d7ae12 100644
--- a/contracts/examples/esdt-transfer-with-fee/meta/Cargo.toml
+++ b/contracts/examples/esdt-transfer-with-fee/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/esdt-transfer-with-fee/wasm/Cargo.toml b/contracts/examples/esdt-transfer-with-fee/wasm/Cargo.toml
index 1c81968938..75c659fbe4 100644
--- a/contracts/examples/esdt-transfer-with-fee/wasm/Cargo.toml
+++ b/contracts/examples/esdt-transfer-with-fee/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/factorial/Cargo.toml b/contracts/examples/factorial/Cargo.toml
index bec69a21be..17d5602157 100644
--- a/contracts/examples/factorial/Cargo.toml
+++ b/contracts/examples/factorial/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/factorial.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/examples/factorial/meta/Cargo.toml b/contracts/examples/factorial/meta/Cargo.toml
index 746a2c9143..676ae8b802 100644
--- a/contracts/examples/factorial/meta/Cargo.toml
+++ b/contracts/examples/factorial/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/factorial/wasm/Cargo.toml b/contracts/examples/factorial/wasm/Cargo.toml
index 550140a626..b3bcafb132 100644
--- a/contracts/examples/factorial/wasm/Cargo.toml
+++ b/contracts/examples/factorial/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/fractional-nfts/Cargo.toml b/contracts/examples/fractional-nfts/Cargo.toml
index 0709e73516..5224be8678 100644
--- a/contracts/examples/fractional-nfts/Cargo.toml
+++ b/contracts/examples/fractional-nfts/Cargo.toml
@@ -9,13 +9,13 @@ publish = false
 path = "src/fractional_nfts.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dependencies.multiversx-sc-modules]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../contracts/modules"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/examples/fractional-nfts/meta/Cargo.toml b/contracts/examples/fractional-nfts/meta/Cargo.toml
index 9026904365..751ddf0965 100644
--- a/contracts/examples/fractional-nfts/meta/Cargo.toml
+++ b/contracts/examples/fractional-nfts/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/fractional-nfts/wasm/Cargo.toml b/contracts/examples/fractional-nfts/wasm/Cargo.toml
index 26ca3dc694..27c1d05a44 100644
--- a/contracts/examples/fractional-nfts/wasm/Cargo.toml
+++ b/contracts/examples/fractional-nfts/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/lottery-esdt/Cargo.toml b/contracts/examples/lottery-esdt/Cargo.toml
index 51341883a4..8b6c7349c5 100644
--- a/contracts/examples/lottery-esdt/Cargo.toml
+++ b/contracts/examples/lottery-esdt/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/lottery.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/examples/lottery-esdt/meta/Cargo.toml b/contracts/examples/lottery-esdt/meta/Cargo.toml
index f528e0359d..4b83c85037 100644
--- a/contracts/examples/lottery-esdt/meta/Cargo.toml
+++ b/contracts/examples/lottery-esdt/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/lottery-esdt/wasm/Cargo.toml b/contracts/examples/lottery-esdt/wasm/Cargo.toml
index c780b8253f..390ef7505b 100644
--- a/contracts/examples/lottery-esdt/wasm/Cargo.toml
+++ b/contracts/examples/lottery-esdt/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/multisig/Cargo.toml b/contracts/examples/multisig/Cargo.toml
index 5a4ac52971..e8ec49e74f 100644
--- a/contracts/examples/multisig/Cargo.toml
+++ b/contracts/examples/multisig/Cargo.toml
@@ -9,15 +9,15 @@ publish = false
 path = "src/multisig.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dependencies.multiversx-sc-modules]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../contracts/modules"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
 [dev-dependencies.adder]
@@ -27,7 +27,7 @@ path = "../adder"
 path = "../factorial"
 
 [dev-dependencies.multiversx-wegld-swap-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../core/wegld-swap"
 
 [dev-dependencies]
diff --git a/contracts/examples/multisig/interact/Cargo.toml b/contracts/examples/multisig/interact/Cargo.toml
index 06f7debcdc..dfeb1d6879 100644
--- a/contracts/examples/multisig/interact/Cargo.toml
+++ b/contracts/examples/multisig/interact/Cargo.toml
@@ -18,13 +18,13 @@ toml = "0.8.6"
 path = ".."
 
 [dependencies.multiversx-sc-modules]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../contracts/modules"
 
 [dependencies.multiversx-sc-snippets]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/snippets"
 
 [dependencies.multiversx-sc-scenario]
-version = "=0.47.8"
+version = "=0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/examples/multisig/meta/Cargo.toml b/contracts/examples/multisig/meta/Cargo.toml
index 67b228a5dd..3ea34912ef 100644
--- a/contracts/examples/multisig/meta/Cargo.toml
+++ b/contracts/examples/multisig/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/multisig/wasm-multisig-full/Cargo.toml b/contracts/examples/multisig/wasm-multisig-full/Cargo.toml
index 004b0e97f5..9077af3ff4 100644
--- a/contracts/examples/multisig/wasm-multisig-full/Cargo.toml
+++ b/contracts/examples/multisig/wasm-multisig-full/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/multisig/wasm-multisig-view/Cargo.toml b/contracts/examples/multisig/wasm-multisig-view/Cargo.toml
index 28b230710b..61bc9017ed 100644
--- a/contracts/examples/multisig/wasm-multisig-view/Cargo.toml
+++ b/contracts/examples/multisig/wasm-multisig-view/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/multisig/wasm/Cargo.toml b/contracts/examples/multisig/wasm/Cargo.toml
index 3a2268d369..2519fe66ab 100644
--- a/contracts/examples/multisig/wasm/Cargo.toml
+++ b/contracts/examples/multisig/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/nft-minter/Cargo.toml b/contracts/examples/nft-minter/Cargo.toml
index 89ee1e27f1..4ffe7159c1 100644
--- a/contracts/examples/nft-minter/Cargo.toml
+++ b/contracts/examples/nft-minter/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/lib.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/examples/nft-minter/meta/Cargo.toml b/contracts/examples/nft-minter/meta/Cargo.toml
index 6e3b2dfc81..fe7c2f84c0 100644
--- a/contracts/examples/nft-minter/meta/Cargo.toml
+++ b/contracts/examples/nft-minter/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/nft-minter/wasm/Cargo.toml b/contracts/examples/nft-minter/wasm/Cargo.toml
index d9001e8b30..23384b01e3 100644
--- a/contracts/examples/nft-minter/wasm/Cargo.toml
+++ b/contracts/examples/nft-minter/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/nft-storage-prepay/Cargo.toml b/contracts/examples/nft-storage-prepay/Cargo.toml
index ee4e7cbf03..b27ec8aa94 100644
--- a/contracts/examples/nft-storage-prepay/Cargo.toml
+++ b/contracts/examples/nft-storage-prepay/Cargo.toml
@@ -10,9 +10,9 @@ path = "src/nft_storage_prepay.rs"
 
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/examples/nft-storage-prepay/meta/Cargo.toml b/contracts/examples/nft-storage-prepay/meta/Cargo.toml
index faa27e4d8b..d3aa98a2da 100644
--- a/contracts/examples/nft-storage-prepay/meta/Cargo.toml
+++ b/contracts/examples/nft-storage-prepay/meta/Cargo.toml
@@ -11,6 +11,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/nft-storage-prepay/wasm/Cargo.toml b/contracts/examples/nft-storage-prepay/wasm/Cargo.toml
index 1e5478ddae..7781448eca 100644
--- a/contracts/examples/nft-storage-prepay/wasm/Cargo.toml
+++ b/contracts/examples/nft-storage-prepay/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/nft-subscription/Cargo.toml b/contracts/examples/nft-subscription/Cargo.toml
index deb7f32494..bac7decd50 100644
--- a/contracts/examples/nft-subscription/Cargo.toml
+++ b/contracts/examples/nft-subscription/Cargo.toml
@@ -9,13 +9,13 @@ publish = false
 path = "src/lib.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dependencies.multiversx-sc-modules]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../contracts/modules"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/examples/nft-subscription/meta/Cargo.toml b/contracts/examples/nft-subscription/meta/Cargo.toml
index 2d002e2afb..f735998859 100644
--- a/contracts/examples/nft-subscription/meta/Cargo.toml
+++ b/contracts/examples/nft-subscription/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/nft-subscription/wasm/Cargo.toml b/contracts/examples/nft-subscription/wasm/Cargo.toml
index 9d6afb20b4..3d3963ddf6 100644
--- a/contracts/examples/nft-subscription/wasm/Cargo.toml
+++ b/contracts/examples/nft-subscription/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/order-book/factory/Cargo.toml b/contracts/examples/order-book/factory/Cargo.toml
index 89c01440da..3ac8bce8cc 100644
--- a/contracts/examples/order-book/factory/Cargo.toml
+++ b/contracts/examples/order-book/factory/Cargo.toml
@@ -8,10 +8,10 @@ publish = false
 path = "src/lib.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
 
diff --git a/contracts/examples/order-book/factory/meta/Cargo.toml b/contracts/examples/order-book/factory/meta/Cargo.toml
index 9854915232..14474ac90b 100644
--- a/contracts/examples/order-book/factory/meta/Cargo.toml
+++ b/contracts/examples/order-book/factory/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/order-book/factory/wasm/Cargo.toml b/contracts/examples/order-book/factory/wasm/Cargo.toml
index 1d66994d44..5605781d5e 100644
--- a/contracts/examples/order-book/factory/wasm/Cargo.toml
+++ b/contracts/examples/order-book/factory/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/order-book/pair/Cargo.toml b/contracts/examples/order-book/pair/Cargo.toml
index 0063356649..52b6054c35 100644
--- a/contracts/examples/order-book/pair/Cargo.toml
+++ b/contracts/examples/order-book/pair/Cargo.toml
@@ -8,9 +8,9 @@ publish = false
 path = "src/lib.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/examples/order-book/pair/meta/Cargo.toml b/contracts/examples/order-book/pair/meta/Cargo.toml
index b71a025162..903619b8dd 100644
--- a/contracts/examples/order-book/pair/meta/Cargo.toml
+++ b/contracts/examples/order-book/pair/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/order-book/pair/wasm/Cargo.toml b/contracts/examples/order-book/pair/wasm/Cargo.toml
index 08d0fb2c86..8a9be6d6d8 100644
--- a/contracts/examples/order-book/pair/wasm/Cargo.toml
+++ b/contracts/examples/order-book/pair/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/ping-pong-egld/Cargo.toml b/contracts/examples/ping-pong-egld/Cargo.toml
index ed353384c1..844dc3e629 100644
--- a/contracts/examples/ping-pong-egld/Cargo.toml
+++ b/contracts/examples/ping-pong-egld/Cargo.toml
@@ -9,10 +9,10 @@ publish = false
 path = "src/ping_pong.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
diff --git a/contracts/examples/ping-pong-egld/meta/Cargo.toml b/contracts/examples/ping-pong-egld/meta/Cargo.toml
index 627ba0bf33..a32f9f3835 100644
--- a/contracts/examples/ping-pong-egld/meta/Cargo.toml
+++ b/contracts/examples/ping-pong-egld/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/ping-pong-egld/wasm/Cargo.toml b/contracts/examples/ping-pong-egld/wasm/Cargo.toml
index ca2420cd15..54aedf5a07 100644
--- a/contracts/examples/ping-pong-egld/wasm/Cargo.toml
+++ b/contracts/examples/ping-pong-egld/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/proxy-pause/Cargo.toml b/contracts/examples/proxy-pause/Cargo.toml
index 8f185a46a3..69ade59d6c 100644
--- a/contracts/examples/proxy-pause/Cargo.toml
+++ b/contracts/examples/proxy-pause/Cargo.toml
@@ -9,11 +9,11 @@ publish = false
 path = "src/proxy_pause.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
 [dev-dependencies.check-pause]
diff --git a/contracts/examples/proxy-pause/meta/Cargo.toml b/contracts/examples/proxy-pause/meta/Cargo.toml
index 13a900ebe5..f1375cfebf 100644
--- a/contracts/examples/proxy-pause/meta/Cargo.toml
+++ b/contracts/examples/proxy-pause/meta/Cargo.toml
@@ -11,6 +11,6 @@ authors = [ "you",]
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/proxy-pause/wasm/Cargo.toml b/contracts/examples/proxy-pause/wasm/Cargo.toml
index 214e9930eb..a05ff88ae4 100644
--- a/contracts/examples/proxy-pause/wasm/Cargo.toml
+++ b/contracts/examples/proxy-pause/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/rewards-distribution/Cargo.toml b/contracts/examples/rewards-distribution/Cargo.toml
index 6addeb95a8..a564a47312 100644
--- a/contracts/examples/rewards-distribution/Cargo.toml
+++ b/contracts/examples/rewards-distribution/Cargo.toml
@@ -9,13 +9,13 @@ publish = false
 path = "src/rewards_distribution.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dependencies.multiversx-sc-modules]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../contracts/modules"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/examples/rewards-distribution/meta/Cargo.toml b/contracts/examples/rewards-distribution/meta/Cargo.toml
index 92c25000a7..0a4427819b 100644
--- a/contracts/examples/rewards-distribution/meta/Cargo.toml
+++ b/contracts/examples/rewards-distribution/meta/Cargo.toml
@@ -11,6 +11,6 @@ authors = ["Claudiu-Marcel Bruda <claudiu.bruda@multiversx.com>"]
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/rewards-distribution/wasm/Cargo.toml b/contracts/examples/rewards-distribution/wasm/Cargo.toml
index e095d7be11..78f5ed1c1f 100644
--- a/contracts/examples/rewards-distribution/wasm/Cargo.toml
+++ b/contracts/examples/rewards-distribution/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/seed-nft-minter/Cargo.toml b/contracts/examples/seed-nft-minter/Cargo.toml
index f544ddebf2..314d73d3aa 100644
--- a/contracts/examples/seed-nft-minter/Cargo.toml
+++ b/contracts/examples/seed-nft-minter/Cargo.toml
@@ -9,13 +9,13 @@ publish = false
 path = "src/seed_nft_minter.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dependencies.multiversx-sc-modules]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../contracts/modules"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/examples/seed-nft-minter/meta/Cargo.toml b/contracts/examples/seed-nft-minter/meta/Cargo.toml
index c9f4fb9159..ebc7b407da 100644
--- a/contracts/examples/seed-nft-minter/meta/Cargo.toml
+++ b/contracts/examples/seed-nft-minter/meta/Cargo.toml
@@ -11,6 +11,6 @@ authors = ["Claudiu-Marcel Bruda <claudiu.bruda@multiversx.com>"]
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/examples/seed-nft-minter/wasm/Cargo.toml b/contracts/examples/seed-nft-minter/wasm/Cargo.toml
index d32e1ba149..f51d8880e2 100644
--- a/contracts/examples/seed-nft-minter/wasm/Cargo.toml
+++ b/contracts/examples/seed-nft-minter/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/examples/token-release/Cargo.toml b/contracts/examples/token-release/Cargo.toml
index 4909074ab7..b51a77c5ca 100644
--- a/contracts/examples/token-release/Cargo.toml
+++ b/contracts/examples/token-release/Cargo.toml
@@ -9,10 +9,10 @@ publish = false
 path = "src/token_release.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
diff --git a/contracts/examples/token-release/meta/Cargo.toml b/contracts/examples/token-release/meta/Cargo.toml
index 2b61364559..5fe39835b4 100644
--- a/contracts/examples/token-release/meta/Cargo.toml
+++ b/contracts/examples/token-release/meta/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
 
diff --git a/contracts/examples/token-release/wasm/Cargo.toml b/contracts/examples/token-release/wasm/Cargo.toml
index 48ca0061b0..d2dc6ba436 100644
--- a/contracts/examples/token-release/wasm/Cargo.toml
+++ b/contracts/examples/token-release/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/abi-tester/Cargo.toml b/contracts/feature-tests/abi-tester/Cargo.toml
index d2335a15b8..cabba294ae 100644
--- a/contracts/feature-tests/abi-tester/Cargo.toml
+++ b/contracts/feature-tests/abi-tester/Cargo.toml
@@ -9,14 +9,14 @@ publish = false
 path = "src/abi_tester.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 features = ["alloc"]
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
 [dev-dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/meta"
diff --git a/contracts/feature-tests/abi-tester/abi_tester_expected_main.abi.json b/contracts/feature-tests/abi-tester/abi_tester_expected_main.abi.json
index 05ba923af6..40cc9a90b8 100644
--- a/contracts/feature-tests/abi-tester/abi_tester_expected_main.abi.json
+++ b/contracts/feature-tests/abi-tester/abi_tester_expected_main.abi.json
@@ -14,7 +14,7 @@
         },
         "framework": {
             "name": "multiversx-sc",
-            "version": "0.47.8"
+            "version": "0.48.0-alpha.1"
         }
     },
     "docs": [
diff --git a/contracts/feature-tests/abi-tester/abi_tester_expected_view.abi.json b/contracts/feature-tests/abi-tester/abi_tester_expected_view.abi.json
index 5d1bde1cfa..a2f68b31a8 100644
--- a/contracts/feature-tests/abi-tester/abi_tester_expected_view.abi.json
+++ b/contracts/feature-tests/abi-tester/abi_tester_expected_view.abi.json
@@ -14,7 +14,7 @@
         },
         "framework": {
             "name": "multiversx-sc",
-            "version": "0.47.8"
+            "version": "0.48.0-alpha.1"
         }
     },
     "docs": [
diff --git a/contracts/feature-tests/abi-tester/meta/Cargo.toml b/contracts/feature-tests/abi-tester/meta/Cargo.toml
index f8070e33ff..b431521f53 100644
--- a/contracts/feature-tests/abi-tester/meta/Cargo.toml
+++ b/contracts/feature-tests/abi-tester/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/abi-tester/wasm-abi-tester-ev/Cargo.toml b/contracts/feature-tests/abi-tester/wasm-abi-tester-ev/Cargo.toml
index 64cdfb6c85..456932b4b5 100644
--- a/contracts/feature-tests/abi-tester/wasm-abi-tester-ev/Cargo.toml
+++ b/contracts/feature-tests/abi-tester/wasm-abi-tester-ev/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/abi-tester/wasm/Cargo.toml b/contracts/feature-tests/abi-tester/wasm/Cargo.toml
index a8952129d6..4eb67ed424 100644
--- a/contracts/feature-tests/abi-tester/wasm/Cargo.toml
+++ b/contracts/feature-tests/abi-tester/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/alloc-features/Cargo.toml b/contracts/feature-tests/alloc-features/Cargo.toml
index 814c55b656..5a143b2f63 100644
--- a/contracts/feature-tests/alloc-features/Cargo.toml
+++ b/contracts/feature-tests/alloc-features/Cargo.toml
@@ -9,12 +9,12 @@ publish = false
 path = "src/alloc_features_main.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 features = ["alloc"]
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
 [dev-dependencies.esdt-system-sc-mock]
diff --git a/contracts/feature-tests/alloc-features/meta/Cargo.toml b/contracts/feature-tests/alloc-features/meta/Cargo.toml
index 62255e15fa..7acab627bc 100644
--- a/contracts/feature-tests/alloc-features/meta/Cargo.toml
+++ b/contracts/feature-tests/alloc-features/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/alloc-features/wasm-alloc-mem-fail/Cargo.toml b/contracts/feature-tests/alloc-features/wasm-alloc-mem-fail/Cargo.toml
index 52c6563e32..26e7a2003c 100644
--- a/contracts/feature-tests/alloc-features/wasm-alloc-mem-fail/Cargo.toml
+++ b/contracts/feature-tests/alloc-features/wasm-alloc-mem-fail/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/alloc-features/wasm-alloc-mem-leaking/Cargo.toml b/contracts/feature-tests/alloc-features/wasm-alloc-mem-leaking/Cargo.toml
index 1fac4d058d..7f9d0c84a3 100644
--- a/contracts/feature-tests/alloc-features/wasm-alloc-mem-leaking/Cargo.toml
+++ b/contracts/feature-tests/alloc-features/wasm-alloc-mem-leaking/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/alloc-features/wasm/Cargo.toml b/contracts/feature-tests/alloc-features/wasm/Cargo.toml
index ab5fb829ca..2d4b3fc731 100644
--- a/contracts/feature-tests/alloc-features/wasm/Cargo.toml
+++ b/contracts/feature-tests/alloc-features/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/basic-features/Cargo.toml b/contracts/feature-tests/basic-features/Cargo.toml
index 5529ecea8d..8dd2f6ffc6 100644
--- a/contracts/feature-tests/basic-features/Cargo.toml
+++ b/contracts/feature-tests/basic-features/Cargo.toml
@@ -9,15 +9,15 @@ publish = false
 path = "src/basic_features_main.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
 [dependencies.multiversx-sc-modules]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../contracts/modules"
 
 [dev-dependencies.esdt-system-sc-mock]
diff --git a/contracts/feature-tests/basic-features/interact/Cargo.toml b/contracts/feature-tests/basic-features/interact/Cargo.toml
index 89b7ac2add..087c2d7e38 100644
--- a/contracts/feature-tests/basic-features/interact/Cargo.toml
+++ b/contracts/feature-tests/basic-features/interact/Cargo.toml
@@ -18,5 +18,5 @@ toml = "0.8.6"
 path = ".."
 
 [dependencies.multiversx-sc-snippets]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/snippets"
diff --git a/contracts/feature-tests/basic-features/meta/Cargo.toml b/contracts/feature-tests/basic-features/meta/Cargo.toml
index 327f8c74a4..b3104ee1e8 100644
--- a/contracts/feature-tests/basic-features/meta/Cargo.toml
+++ b/contracts/feature-tests/basic-features/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/basic-features/wasm-basic-features-storage-bytes/Cargo.toml b/contracts/feature-tests/basic-features/wasm-basic-features-storage-bytes/Cargo.toml
index 661bc1146e..1aa4834c45 100644
--- a/contracts/feature-tests/basic-features/wasm-basic-features-storage-bytes/Cargo.toml
+++ b/contracts/feature-tests/basic-features/wasm-basic-features-storage-bytes/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/basic-features/wasm/Cargo.toml b/contracts/feature-tests/basic-features/wasm/Cargo.toml
index 3973b0842c..b1a386759a 100644
--- a/contracts/feature-tests/basic-features/wasm/Cargo.toml
+++ b/contracts/feature-tests/basic-features/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = true
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/big-float-features/Cargo.toml b/contracts/feature-tests/big-float-features/Cargo.toml
index 8ac9cfb28a..b72c34fd8c 100644
--- a/contracts/feature-tests/big-float-features/Cargo.toml
+++ b/contracts/feature-tests/big-float-features/Cargo.toml
@@ -9,11 +9,11 @@ publish = false
 path = "src/big_float_main.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
 [dev-dependencies.esdt-system-sc-mock]
diff --git a/contracts/feature-tests/big-float-features/meta/Cargo.toml b/contracts/feature-tests/big-float-features/meta/Cargo.toml
index ae56a96cbe..28401f7191 100644
--- a/contracts/feature-tests/big-float-features/meta/Cargo.toml
+++ b/contracts/feature-tests/big-float-features/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/big-float-features/wasm/Cargo.toml b/contracts/feature-tests/big-float-features/wasm/Cargo.toml
index 6f693347c9..ea456bd0cd 100644
--- a/contracts/feature-tests/big-float-features/wasm/Cargo.toml
+++ b/contracts/feature-tests/big-float-features/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/Cargo.toml b/contracts/feature-tests/composability/Cargo.toml
index 72b9f9f248..b314421afc 100644
--- a/contracts/feature-tests/composability/Cargo.toml
+++ b/contracts/feature-tests/composability/Cargo.toml
@@ -33,9 +33,9 @@ path = "recursive-caller"
 path = "vault"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/feature-tests/composability/builtin-func-features/Cargo.toml b/contracts/feature-tests/composability/builtin-func-features/Cargo.toml
index ffa3071ea0..cae8c1d0dc 100644
--- a/contracts/feature-tests/composability/builtin-func-features/Cargo.toml
+++ b/contracts/feature-tests/composability/builtin-func-features/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/builtin_func_features.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/feature-tests/composability/builtin-func-features/meta/Cargo.toml b/contracts/feature-tests/composability/builtin-func-features/meta/Cargo.toml
index 8ad49c4ae9..91b368c842 100644
--- a/contracts/feature-tests/composability/builtin-func-features/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/builtin-func-features/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/builtin-func-features/wasm/Cargo.toml b/contracts/feature-tests/composability/builtin-func-features/wasm/Cargo.toml
index 5e5e2253c2..05b78da5f1 100644
--- a/contracts/feature-tests/composability/builtin-func-features/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/builtin-func-features/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/esdt-contract-pair/Cargo.toml b/contracts/feature-tests/composability/esdt-contract-pair/Cargo.toml
index 7e9bdb354b..5459d9b52f 100644
--- a/contracts/feature-tests/composability/esdt-contract-pair/Cargo.toml
+++ b/contracts/feature-tests/composability/esdt-contract-pair/Cargo.toml
@@ -12,9 +12,9 @@ path = "first-contract"
 path = "second-contract"
 
 [dev-dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/feature-tests/composability/esdt-contract-pair/first-contract/Cargo.toml b/contracts/feature-tests/composability/esdt-contract-pair/first-contract/Cargo.toml
index 96088fcc89..bb9e6930c9 100644
--- a/contracts/feature-tests/composability/esdt-contract-pair/first-contract/Cargo.toml
+++ b/contracts/feature-tests/composability/esdt-contract-pair/first-contract/Cargo.toml
@@ -10,10 +10,10 @@ path = "src/lib.rs"
 
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/scenario"
 
diff --git a/contracts/feature-tests/composability/esdt-contract-pair/first-contract/meta/Cargo.toml b/contracts/feature-tests/composability/esdt-contract-pair/first-contract/meta/Cargo.toml
index 83d74291d0..88a844be6d 100644
--- a/contracts/feature-tests/composability/esdt-contract-pair/first-contract/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/esdt-contract-pair/first-contract/meta/Cargo.toml
@@ -8,10 +8,10 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../../framework/base"
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/esdt-contract-pair/first-contract/wasm/Cargo.toml b/contracts/feature-tests/composability/esdt-contract-pair/first-contract/wasm/Cargo.toml
index 3d060317d0..a66af7a97c 100644
--- a/contracts/feature-tests/composability/esdt-contract-pair/first-contract/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/esdt-contract-pair/first-contract/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/esdt-contract-pair/second-contract/Cargo.toml b/contracts/feature-tests/composability/esdt-contract-pair/second-contract/Cargo.toml
index 158aae66f8..f45d0999b9 100644
--- a/contracts/feature-tests/composability/esdt-contract-pair/second-contract/Cargo.toml
+++ b/contracts/feature-tests/composability/esdt-contract-pair/second-contract/Cargo.toml
@@ -10,10 +10,10 @@ path = "src/lib.rs"
 
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/scenario"
 
diff --git a/contracts/feature-tests/composability/esdt-contract-pair/second-contract/meta/Cargo.toml b/contracts/feature-tests/composability/esdt-contract-pair/second-contract/meta/Cargo.toml
index 9d5bce7286..be0b399902 100644
--- a/contracts/feature-tests/composability/esdt-contract-pair/second-contract/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/esdt-contract-pair/second-contract/meta/Cargo.toml
@@ -8,10 +8,10 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../../framework/base"
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/esdt-contract-pair/second-contract/wasm/Cargo.toml b/contracts/feature-tests/composability/esdt-contract-pair/second-contract/wasm/Cargo.toml
index ce110829f3..9b7d638276 100644
--- a/contracts/feature-tests/composability/esdt-contract-pair/second-contract/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/esdt-contract-pair/second-contract/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/Cargo.toml b/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/Cargo.toml
index bcd33e4734..f52da32975 100644
--- a/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/Cargo.toml
+++ b/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/Cargo.toml
@@ -16,9 +16,9 @@ path = "parent"
 path = "child"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/child/Cargo.toml b/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/child/Cargo.toml
index 3b8cfb5174..c6ca99bdcb 100644
--- a/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/child/Cargo.toml
+++ b/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/child/Cargo.toml
@@ -10,9 +10,9 @@ path = "src/lib.rs"
 
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/scenario"
diff --git a/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/child/meta/Cargo.toml b/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/child/meta/Cargo.toml
index 850924c2d7..c4664ea131 100644
--- a/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/child/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/child/meta/Cargo.toml
@@ -8,10 +8,10 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../../framework/base"
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/child/wasm/Cargo.toml b/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/child/wasm/Cargo.toml
index 894f1e4a4b..6feb6c6d56 100644
--- a/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/child/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/child/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/parent/Cargo.toml b/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/parent/Cargo.toml
index f338b5dece..d099f933d3 100644
--- a/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/parent/Cargo.toml
+++ b/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/parent/Cargo.toml
@@ -13,10 +13,10 @@ path = "src/lib.rs"
 path = "../child"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/scenario"
 
diff --git a/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/parent/meta/Cargo.toml b/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/parent/meta/Cargo.toml
index 571de47a23..09816573cc 100644
--- a/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/parent/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/parent/meta/Cargo.toml
@@ -8,10 +8,10 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../../framework/base"
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/parent/wasm/Cargo.toml b/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/parent/wasm/Cargo.toml
index 5efabe6632..dbf9a8623b 100644
--- a/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/parent/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/execute-on-dest-esdt-issue-callback/parent/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/forwarder-queue/Cargo.toml b/contracts/feature-tests/composability/forwarder-queue/Cargo.toml
index 45d7fd86c0..7d835d70ed 100644
--- a/contracts/feature-tests/composability/forwarder-queue/Cargo.toml
+++ b/contracts/feature-tests/composability/forwarder-queue/Cargo.toml
@@ -12,14 +12,14 @@ path = "src/forwarder_queue.rs"
 path = "../vault"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 optional = true
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/feature-tests/composability/forwarder-queue/meta/Cargo.toml b/contracts/feature-tests/composability/forwarder-queue/meta/Cargo.toml
index 9683e7d49b..ccea52c3a0 100644
--- a/contracts/feature-tests/composability/forwarder-queue/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/forwarder-queue/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/forwarder-queue/wasm-forwarder-queue-promises/Cargo.toml b/contracts/feature-tests/composability/forwarder-queue/wasm-forwarder-queue-promises/Cargo.toml
index 3b33f8dedc..3b46c1b3c7 100644
--- a/contracts/feature-tests/composability/forwarder-queue/wasm-forwarder-queue-promises/Cargo.toml
+++ b/contracts/feature-tests/composability/forwarder-queue/wasm-forwarder-queue-promises/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/forwarder-queue/wasm/Cargo.toml b/contracts/feature-tests/composability/forwarder-queue/wasm/Cargo.toml
index e50bec1684..4939e97e54 100644
--- a/contracts/feature-tests/composability/forwarder-queue/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/forwarder-queue/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/forwarder-raw/Cargo.toml b/contracts/feature-tests/composability/forwarder-raw/Cargo.toml
index 63f7f1d1f9..b6abc588ae 100644
--- a/contracts/feature-tests/composability/forwarder-raw/Cargo.toml
+++ b/contracts/feature-tests/composability/forwarder-raw/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/forwarder_raw.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/feature-tests/composability/forwarder-raw/meta/Cargo.toml b/contracts/feature-tests/composability/forwarder-raw/meta/Cargo.toml
index f10e13d7dd..2b5bf43099 100644
--- a/contracts/feature-tests/composability/forwarder-raw/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/forwarder-raw/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/forwarder-raw/wasm-forwarder-raw-init-async-call/Cargo.toml b/contracts/feature-tests/composability/forwarder-raw/wasm-forwarder-raw-init-async-call/Cargo.toml
index 3e70d341d7..812df9a2f4 100644
--- a/contracts/feature-tests/composability/forwarder-raw/wasm-forwarder-raw-init-async-call/Cargo.toml
+++ b/contracts/feature-tests/composability/forwarder-raw/wasm-forwarder-raw-init-async-call/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/forwarder-raw/wasm-forwarder-raw-init-sync-call/Cargo.toml b/contracts/feature-tests/composability/forwarder-raw/wasm-forwarder-raw-init-sync-call/Cargo.toml
index 028cc4f9c8..bd7f6cfb9d 100644
--- a/contracts/feature-tests/composability/forwarder-raw/wasm-forwarder-raw-init-sync-call/Cargo.toml
+++ b/contracts/feature-tests/composability/forwarder-raw/wasm-forwarder-raw-init-sync-call/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/forwarder-raw/wasm/Cargo.toml b/contracts/feature-tests/composability/forwarder-raw/wasm/Cargo.toml
index 82fdd0688b..1f0406d626 100644
--- a/contracts/feature-tests/composability/forwarder-raw/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/forwarder-raw/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/forwarder/Cargo.toml b/contracts/feature-tests/composability/forwarder/Cargo.toml
index 92b1504a59..ef7808ab90 100644
--- a/contracts/feature-tests/composability/forwarder/Cargo.toml
+++ b/contracts/feature-tests/composability/forwarder/Cargo.toml
@@ -12,10 +12,10 @@ path = "src/forwarder_main.rs"
 path = "../vault"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
 
diff --git a/contracts/feature-tests/composability/forwarder/meta/Cargo.toml b/contracts/feature-tests/composability/forwarder/meta/Cargo.toml
index 613c92b16e..83666be0ad 100644
--- a/contracts/feature-tests/composability/forwarder/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/forwarder/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/forwarder/wasm/Cargo.toml b/contracts/feature-tests/composability/forwarder/wasm/Cargo.toml
index 5bb46d0307..d8d2afabb2 100644
--- a/contracts/feature-tests/composability/forwarder/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/forwarder/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/interact/Cargo.toml b/contracts/feature-tests/composability/interact/Cargo.toml
index b3721732fd..1732bca1cf 100644
--- a/contracts/feature-tests/composability/interact/Cargo.toml
+++ b/contracts/feature-tests/composability/interact/Cargo.toml
@@ -24,9 +24,9 @@ path = "../forwarder-queue"
 path = "../promises-features"
 
 [dependencies.multiversx-sc-modules]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../contracts/modules"
 
 [dependencies.multiversx-sc-snippets]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/snippets"
diff --git a/contracts/feature-tests/composability/local-esdt-and-nft/Cargo.toml b/contracts/feature-tests/composability/local-esdt-and-nft/Cargo.toml
index 46f7436547..ec0374b708 100644
--- a/contracts/feature-tests/composability/local-esdt-and-nft/Cargo.toml
+++ b/contracts/feature-tests/composability/local-esdt-and-nft/Cargo.toml
@@ -10,9 +10,9 @@ path = "src/lib.rs"
 
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/feature-tests/composability/local-esdt-and-nft/meta/Cargo.toml b/contracts/feature-tests/composability/local-esdt-and-nft/meta/Cargo.toml
index 999999a718..6d46d0c011 100644
--- a/contracts/feature-tests/composability/local-esdt-and-nft/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/local-esdt-and-nft/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/local-esdt-and-nft/wasm/Cargo.toml b/contracts/feature-tests/composability/local-esdt-and-nft/wasm/Cargo.toml
index bfca51da3a..7215f4f6b0 100644
--- a/contracts/feature-tests/composability/local-esdt-and-nft/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/local-esdt-and-nft/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/promises-features/Cargo.toml b/contracts/feature-tests/composability/promises-features/Cargo.toml
index 342c5b1456..827049e51b 100644
--- a/contracts/feature-tests/composability/promises-features/Cargo.toml
+++ b/contracts/feature-tests/composability/promises-features/Cargo.toml
@@ -12,6 +12,6 @@ path = "src/promises_main.rs"
 path = "../vault"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
diff --git a/contracts/feature-tests/composability/promises-features/meta/Cargo.toml b/contracts/feature-tests/composability/promises-features/meta/Cargo.toml
index c0375d049f..614e156c4e 100644
--- a/contracts/feature-tests/composability/promises-features/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/promises-features/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/promises-features/wasm/Cargo.toml b/contracts/feature-tests/composability/promises-features/wasm/Cargo.toml
index 557e5818c2..e12230090c 100644
--- a/contracts/feature-tests/composability/promises-features/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/promises-features/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/proxy-test-first/Cargo.toml b/contracts/feature-tests/composability/proxy-test-first/Cargo.toml
index f3629b7af5..2cfed0aa33 100644
--- a/contracts/feature-tests/composability/proxy-test-first/Cargo.toml
+++ b/contracts/feature-tests/composability/proxy-test-first/Cargo.toml
@@ -12,10 +12,10 @@ path = "src/proxy-test-first.rs"
 hex-literal = "0.4.1"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 features = ["alloc"]
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/feature-tests/composability/proxy-test-first/meta/Cargo.toml b/contracts/feature-tests/composability/proxy-test-first/meta/Cargo.toml
index 68f5e3fce2..f9f6ef508b 100644
--- a/contracts/feature-tests/composability/proxy-test-first/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/proxy-test-first/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/proxy-test-first/wasm/Cargo.toml b/contracts/feature-tests/composability/proxy-test-first/wasm/Cargo.toml
index 44d547460f..d419435c8c 100644
--- a/contracts/feature-tests/composability/proxy-test-first/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/proxy-test-first/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/proxy-test-second/Cargo.toml b/contracts/feature-tests/composability/proxy-test-second/Cargo.toml
index 3f985bf59b..28501a5005 100644
--- a/contracts/feature-tests/composability/proxy-test-second/Cargo.toml
+++ b/contracts/feature-tests/composability/proxy-test-second/Cargo.toml
@@ -9,10 +9,10 @@ publish = false
 path = "src/proxy-test-second.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 features = ["alloc"]
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/feature-tests/composability/proxy-test-second/meta/Cargo.toml b/contracts/feature-tests/composability/proxy-test-second/meta/Cargo.toml
index da932e6e3e..9207fe931b 100644
--- a/contracts/feature-tests/composability/proxy-test-second/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/proxy-test-second/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/proxy-test-second/wasm/Cargo.toml b/contracts/feature-tests/composability/proxy-test-second/wasm/Cargo.toml
index 883b4ca57e..5ab1dcdf0d 100644
--- a/contracts/feature-tests/composability/proxy-test-second/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/proxy-test-second/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/recursive-caller/Cargo.toml b/contracts/feature-tests/composability/recursive-caller/Cargo.toml
index edf1153a21..93d1eee649 100644
--- a/contracts/feature-tests/composability/recursive-caller/Cargo.toml
+++ b/contracts/feature-tests/composability/recursive-caller/Cargo.toml
@@ -12,9 +12,9 @@ path = "src/recursive_caller.rs"
 path = "../vault"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/feature-tests/composability/recursive-caller/meta/Cargo.toml b/contracts/feature-tests/composability/recursive-caller/meta/Cargo.toml
index b7d04141e7..2ab709419b 100644
--- a/contracts/feature-tests/composability/recursive-caller/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/recursive-caller/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/recursive-caller/wasm/Cargo.toml b/contracts/feature-tests/composability/recursive-caller/wasm/Cargo.toml
index e4b324558a..f0f985fd86 100644
--- a/contracts/feature-tests/composability/recursive-caller/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/recursive-caller/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/transfer-role-features/Cargo.toml b/contracts/feature-tests/composability/transfer-role-features/Cargo.toml
index f8b73bd1ed..9b02e37f68 100644
--- a/contracts/feature-tests/composability/transfer-role-features/Cargo.toml
+++ b/contracts/feature-tests/composability/transfer-role-features/Cargo.toml
@@ -12,13 +12,13 @@ path = "src/lib.rs"
 path = "../vault"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dependencies.multiversx-sc-modules]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../contracts/modules"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/feature-tests/composability/transfer-role-features/meta/Cargo.toml b/contracts/feature-tests/composability/transfer-role-features/meta/Cargo.toml
index 838f62ec07..900365c6a0 100644
--- a/contracts/feature-tests/composability/transfer-role-features/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/transfer-role-features/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/transfer-role-features/wasm/Cargo.toml b/contracts/feature-tests/composability/transfer-role-features/wasm/Cargo.toml
index 7b4e0119bd..055f0918a1 100644
--- a/contracts/feature-tests/composability/transfer-role-features/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/transfer-role-features/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/vault/Cargo.toml b/contracts/feature-tests/composability/vault/Cargo.toml
index 4ffd03f581..f11a37fc3c 100644
--- a/contracts/feature-tests/composability/vault/Cargo.toml
+++ b/contracts/feature-tests/composability/vault/Cargo.toml
@@ -10,9 +10,9 @@ path = "src/vault.rs"
 
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/feature-tests/composability/vault/meta/Cargo.toml b/contracts/feature-tests/composability/vault/meta/Cargo.toml
index 0f93896e19..e116e46158 100644
--- a/contracts/feature-tests/composability/vault/meta/Cargo.toml
+++ b/contracts/feature-tests/composability/vault/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/composability/vault/wasm-vault-promises/Cargo.toml b/contracts/feature-tests/composability/vault/wasm-vault-promises/Cargo.toml
index 2693692ecb..6ed938bf1f 100644
--- a/contracts/feature-tests/composability/vault/wasm-vault-promises/Cargo.toml
+++ b/contracts/feature-tests/composability/vault/wasm-vault-promises/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/vault/wasm-vault-upgrade/Cargo.toml b/contracts/feature-tests/composability/vault/wasm-vault-upgrade/Cargo.toml
index 9a3472c495..e3657522f8 100644
--- a/contracts/feature-tests/composability/vault/wasm-vault-upgrade/Cargo.toml
+++ b/contracts/feature-tests/composability/vault/wasm-vault-upgrade/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/composability/vault/wasm/Cargo.toml b/contracts/feature-tests/composability/vault/wasm/Cargo.toml
index 13fd270b33..be501de22a 100644
--- a/contracts/feature-tests/composability/vault/wasm/Cargo.toml
+++ b/contracts/feature-tests/composability/vault/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/erc-style-contracts/crowdfunding-erc20/Cargo.toml b/contracts/feature-tests/erc-style-contracts/crowdfunding-erc20/Cargo.toml
index 8927b8f85e..3a8e039ab5 100644
--- a/contracts/feature-tests/erc-style-contracts/crowdfunding-erc20/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/crowdfunding-erc20/Cargo.toml
@@ -12,10 +12,10 @@ path = "src/crowdfunding_erc20.rs"
 path = "../erc20"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
 
diff --git a/contracts/feature-tests/erc-style-contracts/crowdfunding-erc20/meta/Cargo.toml b/contracts/feature-tests/erc-style-contracts/crowdfunding-erc20/meta/Cargo.toml
index 0450a2b95d..227fc64b2a 100644
--- a/contracts/feature-tests/erc-style-contracts/crowdfunding-erc20/meta/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/crowdfunding-erc20/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/erc-style-contracts/crowdfunding-erc20/wasm/Cargo.toml b/contracts/feature-tests/erc-style-contracts/crowdfunding-erc20/wasm/Cargo.toml
index 7d42a6b0c3..f9c458d83b 100644
--- a/contracts/feature-tests/erc-style-contracts/crowdfunding-erc20/wasm/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/crowdfunding-erc20/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/erc-style-contracts/erc1155-marketplace/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc1155-marketplace/Cargo.toml
index 52e5e2a3d1..3bc9ac772b 100644
--- a/contracts/feature-tests/erc-style-contracts/erc1155-marketplace/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc1155-marketplace/Cargo.toml
@@ -13,10 +13,10 @@ path = "src/lib.rs"
 path = "../erc1155"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 features = ["alloc"]
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/feature-tests/erc-style-contracts/erc1155-marketplace/meta/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc1155-marketplace/meta/Cargo.toml
index f6a0e60410..ff7f3d8d1c 100644
--- a/contracts/feature-tests/erc-style-contracts/erc1155-marketplace/meta/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc1155-marketplace/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/erc-style-contracts/erc1155-marketplace/wasm/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc1155-marketplace/wasm/Cargo.toml
index d8fe625b1d..8de0fb1f91 100644
--- a/contracts/feature-tests/erc-style-contracts/erc1155-marketplace/wasm/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc1155-marketplace/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/erc-style-contracts/erc1155-user-mock/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc1155-user-mock/Cargo.toml
index 4827e78bf8..8232fe3035 100644
--- a/contracts/feature-tests/erc-style-contracts/erc1155-user-mock/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc1155-user-mock/Cargo.toml
@@ -9,10 +9,10 @@ publish = false
 path = "src/lib.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
 
diff --git a/contracts/feature-tests/erc-style-contracts/erc1155-user-mock/meta/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc1155-user-mock/meta/Cargo.toml
index 1162ceb5ba..ea1fa444be 100644
--- a/contracts/feature-tests/erc-style-contracts/erc1155-user-mock/meta/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc1155-user-mock/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/erc-style-contracts/erc1155-user-mock/wasm/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc1155-user-mock/wasm/Cargo.toml
index ae8a024f7d..a19a42fc1d 100644
--- a/contracts/feature-tests/erc-style-contracts/erc1155-user-mock/wasm/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc1155-user-mock/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/erc-style-contracts/erc1155/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc1155/Cargo.toml
index 3fb1f66765..9d56ab0f6c 100644
--- a/contracts/feature-tests/erc-style-contracts/erc1155/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc1155/Cargo.toml
@@ -9,12 +9,12 @@ publish = false
 path = "src/erc1155.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 features = ["alloc"]
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
 
 [dev-dependencies.erc1155-user-mock]
diff --git a/contracts/feature-tests/erc-style-contracts/erc1155/meta/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc1155/meta/Cargo.toml
index 73652ff74a..746f4a29e3 100644
--- a/contracts/feature-tests/erc-style-contracts/erc1155/meta/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc1155/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/erc-style-contracts/erc1155/wasm/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc1155/wasm/Cargo.toml
index 6ecc47676f..25081bfe5b 100644
--- a/contracts/feature-tests/erc-style-contracts/erc1155/wasm/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc1155/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/erc-style-contracts/erc20/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc20/Cargo.toml
index b7406f877d..cc0cf4ba7e 100644
--- a/contracts/feature-tests/erc-style-contracts/erc20/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc20/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/erc20.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/feature-tests/erc-style-contracts/erc20/meta/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc20/meta/Cargo.toml
index e823cd155d..9516045226 100644
--- a/contracts/feature-tests/erc-style-contracts/erc20/meta/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc20/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/erc-style-contracts/erc20/wasm/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc20/wasm/Cargo.toml
index 101d4d596f..ee4ccfc5ec 100644
--- a/contracts/feature-tests/erc-style-contracts/erc20/wasm/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc20/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/erc-style-contracts/erc721/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc721/Cargo.toml
index d1a58ed741..34e579a3b7 100644
--- a/contracts/feature-tests/erc-style-contracts/erc721/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc721/Cargo.toml
@@ -10,9 +10,9 @@ path = "src/erc721.rs"
 
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/feature-tests/erc-style-contracts/erc721/meta/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc721/meta/Cargo.toml
index bd511266c5..04cb2b9829 100644
--- a/contracts/feature-tests/erc-style-contracts/erc721/meta/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc721/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/erc-style-contracts/erc721/wasm/Cargo.toml b/contracts/feature-tests/erc-style-contracts/erc721/wasm/Cargo.toml
index d76eb68fd8..07b2b77316 100644
--- a/contracts/feature-tests/erc-style-contracts/erc721/wasm/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/erc721/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/erc-style-contracts/lottery-erc20/Cargo.toml b/contracts/feature-tests/erc-style-contracts/lottery-erc20/Cargo.toml
index 464c79efd7..650ed830ee 100644
--- a/contracts/feature-tests/erc-style-contracts/lottery-erc20/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/lottery-erc20/Cargo.toml
@@ -12,10 +12,10 @@ path = "src/lottery.rs"
 path = "../erc20"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 features = ["alloc"]
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/scenario"
diff --git a/contracts/feature-tests/erc-style-contracts/lottery-erc20/meta/Cargo.toml b/contracts/feature-tests/erc-style-contracts/lottery-erc20/meta/Cargo.toml
index 40901de7a7..15e1a719bc 100644
--- a/contracts/feature-tests/erc-style-contracts/lottery-erc20/meta/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/lottery-erc20/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/erc-style-contracts/lottery-erc20/wasm/Cargo.toml b/contracts/feature-tests/erc-style-contracts/lottery-erc20/wasm/Cargo.toml
index ec4f4653ac..791fc68492 100644
--- a/contracts/feature-tests/erc-style-contracts/lottery-erc20/wasm/Cargo.toml
+++ b/contracts/feature-tests/erc-style-contracts/lottery-erc20/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/esdt-system-sc-mock/Cargo.toml b/contracts/feature-tests/esdt-system-sc-mock/Cargo.toml
index 6cdb6d9217..813a94abd9 100644
--- a/contracts/feature-tests/esdt-system-sc-mock/Cargo.toml
+++ b/contracts/feature-tests/esdt-system-sc-mock/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/esdt_system_sc_mock.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/feature-tests/esdt-system-sc-mock/meta/Cargo.toml b/contracts/feature-tests/esdt-system-sc-mock/meta/Cargo.toml
index d66c92f437..e382f5b6f1 100644
--- a/contracts/feature-tests/esdt-system-sc-mock/meta/Cargo.toml
+++ b/contracts/feature-tests/esdt-system-sc-mock/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/esdt-system-sc-mock/wasm/Cargo.toml b/contracts/feature-tests/esdt-system-sc-mock/wasm/Cargo.toml
index 910198734b..aed078c742 100644
--- a/contracts/feature-tests/esdt-system-sc-mock/wasm/Cargo.toml
+++ b/contracts/feature-tests/esdt-system-sc-mock/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/formatted-message-features/Cargo.toml b/contracts/feature-tests/formatted-message-features/Cargo.toml
index 13c5d9ec32..0c577093e6 100644
--- a/contracts/feature-tests/formatted-message-features/Cargo.toml
+++ b/contracts/feature-tests/formatted-message-features/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/formatted_message_features.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/feature-tests/formatted-message-features/meta/Cargo.toml b/contracts/feature-tests/formatted-message-features/meta/Cargo.toml
index 6059435514..2ac13a08f9 100644
--- a/contracts/feature-tests/formatted-message-features/meta/Cargo.toml
+++ b/contracts/feature-tests/formatted-message-features/meta/Cargo.toml
@@ -11,6 +11,6 @@ authors = [ "you",]
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/formatted-message-features/wasm/Cargo.toml b/contracts/feature-tests/formatted-message-features/wasm/Cargo.toml
index 0ada82ca9b..16c05bc7e7 100644
--- a/contracts/feature-tests/formatted-message-features/wasm/Cargo.toml
+++ b/contracts/feature-tests/formatted-message-features/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/managed-map-features/Cargo.toml b/contracts/feature-tests/managed-map-features/Cargo.toml
index cf64d6b26b..8315e238a3 100644
--- a/contracts/feature-tests/managed-map-features/Cargo.toml
+++ b/contracts/feature-tests/managed-map-features/Cargo.toml
@@ -9,11 +9,11 @@ publish = false
 path = "src/mmap_features.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
 [dev-dependencies.esdt-system-sc-mock]
diff --git a/contracts/feature-tests/managed-map-features/meta/Cargo.toml b/contracts/feature-tests/managed-map-features/meta/Cargo.toml
index 022e576282..4c3a538c61 100644
--- a/contracts/feature-tests/managed-map-features/meta/Cargo.toml
+++ b/contracts/feature-tests/managed-map-features/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/managed-map-features/wasm/Cargo.toml b/contracts/feature-tests/managed-map-features/wasm/Cargo.toml
index b01e83de22..8defa0d9c5 100644
--- a/contracts/feature-tests/managed-map-features/wasm/Cargo.toml
+++ b/contracts/feature-tests/managed-map-features/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/multi-contract-features/Cargo.toml b/contracts/feature-tests/multi-contract-features/Cargo.toml
index 55b238d90f..660f6d59f0 100644
--- a/contracts/feature-tests/multi-contract-features/Cargo.toml
+++ b/contracts/feature-tests/multi-contract-features/Cargo.toml
@@ -12,9 +12,9 @@ path = "src/multi_contract_features.rs"
 example_feature = []
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/feature-tests/multi-contract-features/meta/Cargo.toml b/contracts/feature-tests/multi-contract-features/meta/Cargo.toml
index 7a30e9f032..084d63047b 100644
--- a/contracts/feature-tests/multi-contract-features/meta/Cargo.toml
+++ b/contracts/feature-tests/multi-contract-features/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/multi-contract-features/wasm-multi-contract-alt-impl/Cargo.toml b/contracts/feature-tests/multi-contract-features/wasm-multi-contract-alt-impl/Cargo.toml
index 9e59c8cf59..01712bb698 100644
--- a/contracts/feature-tests/multi-contract-features/wasm-multi-contract-alt-impl/Cargo.toml
+++ b/contracts/feature-tests/multi-contract-features/wasm-multi-contract-alt-impl/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/multi-contract-features/wasm-multi-contract-example-feature/Cargo.toml b/contracts/feature-tests/multi-contract-features/wasm-multi-contract-example-feature/Cargo.toml
index e455698505..a9ebd01d66 100644
--- a/contracts/feature-tests/multi-contract-features/wasm-multi-contract-example-feature/Cargo.toml
+++ b/contracts/feature-tests/multi-contract-features/wasm-multi-contract-example-feature/Cargo.toml
@@ -26,7 +26,7 @@ path = ".."
 features = ["example_feature"]
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/multi-contract-features/wasm-multi-contract-features-view/Cargo.toml b/contracts/feature-tests/multi-contract-features/wasm-multi-contract-features-view/Cargo.toml
index c57395bee3..649efd91b3 100644
--- a/contracts/feature-tests/multi-contract-features/wasm-multi-contract-features-view/Cargo.toml
+++ b/contracts/feature-tests/multi-contract-features/wasm-multi-contract-features-view/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/multi-contract-features/wasm/Cargo.toml b/contracts/feature-tests/multi-contract-features/wasm/Cargo.toml
index a4ccad2d0a..b7901f7525 100644
--- a/contracts/feature-tests/multi-contract-features/wasm/Cargo.toml
+++ b/contracts/feature-tests/multi-contract-features/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/panic-message-features/Cargo.toml b/contracts/feature-tests/panic-message-features/Cargo.toml
index 3c6eb639a6..1fa204ca02 100644
--- a/contracts/feature-tests/panic-message-features/Cargo.toml
+++ b/contracts/feature-tests/panic-message-features/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/panic_features.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/feature-tests/panic-message-features/meta/Cargo.toml b/contracts/feature-tests/panic-message-features/meta/Cargo.toml
index b5b6de2443..68ef9a1a0a 100644
--- a/contracts/feature-tests/panic-message-features/meta/Cargo.toml
+++ b/contracts/feature-tests/panic-message-features/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/panic-message-features/wasm/Cargo.toml b/contracts/feature-tests/panic-message-features/wasm/Cargo.toml
index 0df3393018..1ab11a8f36 100644
--- a/contracts/feature-tests/panic-message-features/wasm/Cargo.toml
+++ b/contracts/feature-tests/panic-message-features/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/payable-features/Cargo.toml b/contracts/feature-tests/payable-features/Cargo.toml
index bcb27446c2..51536a65ec 100644
--- a/contracts/feature-tests/payable-features/Cargo.toml
+++ b/contracts/feature-tests/payable-features/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/payable_features.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/feature-tests/payable-features/meta/Cargo.toml b/contracts/feature-tests/payable-features/meta/Cargo.toml
index baced24321..4b24111581 100644
--- a/contracts/feature-tests/payable-features/meta/Cargo.toml
+++ b/contracts/feature-tests/payable-features/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/payable-features/wasm/Cargo.toml b/contracts/feature-tests/payable-features/wasm/Cargo.toml
index 58274256ad..26422dbb5e 100644
--- a/contracts/feature-tests/payable-features/wasm/Cargo.toml
+++ b/contracts/feature-tests/payable-features/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/rust-snippets-generator-test/Cargo.toml b/contracts/feature-tests/rust-snippets-generator-test/Cargo.toml
index 21ff7ba5f7..79ad57c40b 100644
--- a/contracts/feature-tests/rust-snippets-generator-test/Cargo.toml
+++ b/contracts/feature-tests/rust-snippets-generator-test/Cargo.toml
@@ -9,9 +9,9 @@ publish = false
 path = "src/lib.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
diff --git a/contracts/feature-tests/rust-snippets-generator-test/interact-rs/Cargo.toml b/contracts/feature-tests/rust-snippets-generator-test/interact-rs/Cargo.toml
index 7415ce614c..ab9b991352 100644
--- a/contracts/feature-tests/rust-snippets-generator-test/interact-rs/Cargo.toml
+++ b/contracts/feature-tests/rust-snippets-generator-test/interact-rs/Cargo.toml
@@ -13,7 +13,7 @@ path = "src/interactor_main.rs"
 path = ".."
 
 [dependencies.multiversx-sc-snippets]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/snippets"
 
 # [workspace]
diff --git a/contracts/feature-tests/rust-snippets-generator-test/meta/Cargo.toml b/contracts/feature-tests/rust-snippets-generator-test/meta/Cargo.toml
index a134a77263..547004c6cd 100644
--- a/contracts/feature-tests/rust-snippets-generator-test/meta/Cargo.toml
+++ b/contracts/feature-tests/rust-snippets-generator-test/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/rust-snippets-generator-test/src/lib.rs b/contracts/feature-tests/rust-snippets-generator-test/src/lib.rs
index deb116da19..b67c3480b9 100644
--- a/contracts/feature-tests/rust-snippets-generator-test/src/lib.rs
+++ b/contracts/feature-tests/rust-snippets-generator-test/src/lib.rs
@@ -13,7 +13,7 @@ multiversx_sc::derive_imports!();
 
 // Additionally, we also have to update the interact-rs snippets manually to add relative paths:
 // [dependencies.multiversx-sc-snippets]
-// version = "0.47.8"
+// version = "0.48.0-alpha.1"
 // path = "../../../../framework/snippets"
 
 #[derive(
diff --git a/contracts/feature-tests/rust-snippets-generator-test/wasm/Cargo.toml b/contracts/feature-tests/rust-snippets-generator-test/wasm/Cargo.toml
index 62dc6c73a4..03a640b1e2 100644
--- a/contracts/feature-tests/rust-snippets-generator-test/wasm/Cargo.toml
+++ b/contracts/feature-tests/rust-snippets-generator-test/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/rust-testing-framework-tester/Cargo.toml b/contracts/feature-tests/rust-testing-framework-tester/Cargo.toml
index 1a5fa9375d..102e815b23 100644
--- a/contracts/feature-tests/rust-testing-framework-tester/Cargo.toml
+++ b/contracts/feature-tests/rust-testing-framework-tester/Cargo.toml
@@ -6,7 +6,7 @@ edition = "2021"
 publish = false
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 features = [ "alloc" ]
 
@@ -17,7 +17,7 @@ path = "../../examples/adder"
 path = "../../feature-tests/basic-features"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
 [dev-dependencies]
diff --git a/contracts/feature-tests/rust-testing-framework-tester/meta/Cargo.toml b/contracts/feature-tests/rust-testing-framework-tester/meta/Cargo.toml
index d9601c6185..e46f3de4b8 100644
--- a/contracts/feature-tests/rust-testing-framework-tester/meta/Cargo.toml
+++ b/contracts/feature-tests/rust-testing-framework-tester/meta/Cargo.toml
@@ -8,6 +8,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/rust-testing-framework-tester/wasm/Cargo.toml b/contracts/feature-tests/rust-testing-framework-tester/wasm/Cargo.toml
index aa6193531a..f2ddb2a432 100644
--- a/contracts/feature-tests/rust-testing-framework-tester/wasm/Cargo.toml
+++ b/contracts/feature-tests/rust-testing-framework-tester/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/use-module/Cargo.toml b/contracts/feature-tests/use-module/Cargo.toml
index f0dd37e380..f6ef5f596c 100644
--- a/contracts/feature-tests/use-module/Cargo.toml
+++ b/contracts/feature-tests/use-module/Cargo.toml
@@ -9,17 +9,17 @@ publish = false
 path = "src/use_module.rs"
 
 [dependencies.multiversx-sc-modules]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../contracts/modules"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dev-dependencies.multiversx-sc-scenario]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
 [dev-dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../framework/meta"
diff --git a/contracts/feature-tests/use-module/meta/Cargo.toml b/contracts/feature-tests/use-module/meta/Cargo.toml
index c23e5696aa..cd44f99dc9 100644
--- a/contracts/feature-tests/use-module/meta/Cargo.toml
+++ b/contracts/feature-tests/use-module/meta/Cargo.toml
@@ -9,6 +9,6 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/use-module/meta/abi/Cargo.toml b/contracts/feature-tests/use-module/meta/abi/Cargo.toml
index 41b204dcd7..576a8ff440 100644
--- a/contracts/feature-tests/use-module/meta/abi/Cargo.toml
+++ b/contracts/feature-tests/use-module/meta/abi/Cargo.toml
@@ -9,10 +9,10 @@ publish = false
 path = ".."
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/base"
 
 [dependencies.multiversx-sc-meta]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/meta"
 default-features = false
diff --git a/contracts/feature-tests/use-module/use_module_expected_main.abi.json b/contracts/feature-tests/use-module/use_module_expected_main.abi.json
index b40f0e911c..c5951dfbcd 100644
--- a/contracts/feature-tests/use-module/use_module_expected_main.abi.json
+++ b/contracts/feature-tests/use-module/use_module_expected_main.abi.json
@@ -14,7 +14,7 @@
         },
         "framework": {
             "name": "multiversx-sc",
-            "version": "0.47.8"
+            "version": "0.48.0-alpha.1"
         }
     },
     "docs": [
diff --git a/contracts/feature-tests/use-module/use_module_expected_view.abi.json b/contracts/feature-tests/use-module/use_module_expected_view.abi.json
index a2e1621128..0bb0abafea 100644
--- a/contracts/feature-tests/use-module/use_module_expected_view.abi.json
+++ b/contracts/feature-tests/use-module/use_module_expected_view.abi.json
@@ -14,7 +14,7 @@
         },
         "framework": {
             "name": "multiversx-sc",
-            "version": "0.47.8"
+            "version": "0.48.0-alpha.1"
         }
     },
     "docs": [
diff --git a/contracts/feature-tests/use-module/wasm-use-module-view/Cargo.toml b/contracts/feature-tests/use-module/wasm-use-module-view/Cargo.toml
index 55ded78fe6..c380f5082c 100644
--- a/contracts/feature-tests/use-module/wasm-use-module-view/Cargo.toml
+++ b/contracts/feature-tests/use-module/wasm-use-module-view/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/feature-tests/use-module/wasm/Cargo.toml b/contracts/feature-tests/use-module/wasm/Cargo.toml
index 571611596c..cc138543a1 100644
--- a/contracts/feature-tests/use-module/wasm/Cargo.toml
+++ b/contracts/feature-tests/use-module/wasm/Cargo.toml
@@ -25,7 +25,7 @@ overflow-checks = false
 path = ".."
 
 [dependencies.multiversx-sc-wasm-adapter]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../../../framework/wasm-adapter"
 
 [workspace]
diff --git a/contracts/modules/Cargo.toml b/contracts/modules/Cargo.toml
index b7df46cac1..b54d610b1f 100644
--- a/contracts/modules/Cargo.toml
+++ b/contracts/modules/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "multiversx-sc-modules"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 edition = "2021"
 
 authors = ["MultiversX <contact@multiversx.com>"]
@@ -17,5 +17,5 @@ categories = ["no-std", "wasm", "cryptography::cryptocurrencies"]
 alloc = ["multiversx-sc/alloc"]
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../framework/base"
diff --git a/framework/base/Cargo.toml b/framework/base/Cargo.toml
index 9edc7414d7..89b821b545 100644
--- a/framework/base/Cargo.toml
+++ b/framework/base/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "multiversx-sc"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 edition = "2021"
 
 authors = ["Andrei Marinica <andrei.marinica@multiversx.com>", "MultiversX <contact@multiversx.com>"]
@@ -27,7 +27,7 @@ bitflags = "=2.4.2"
 num-traits = { version = "=0.2.17", default-features = false }
 
 [dependencies.multiversx-sc-derive]
-version = "=0.47.8"
+version = "=0.48.0-alpha.1"
 path = "../derive"
 
 [dependencies.multiversx-sc-codec]
diff --git a/framework/derive/Cargo.toml b/framework/derive/Cargo.toml
index c615da8563..3330eca649 100644
--- a/framework/derive/Cargo.toml
+++ b/framework/derive/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "multiversx-sc-derive"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 edition = "2021"
 
 authors = ["Andrei Marinica <andrei.marinica@multiversx.com>", "MultiversX <contact@multiversx.com>"]
diff --git a/framework/meta/Cargo.toml b/framework/meta/Cargo.toml
index a8775be7a2..3122ecb04c 100644
--- a/framework/meta/Cargo.toml
+++ b/framework/meta/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "multiversx-sc-meta"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 edition = "2021"
 
 authors = [
@@ -52,7 +52,7 @@ pathdiff = { version = "0.2.1", optional = true }
 common-path = { version = "1.0.0", optional = true }
 
 [dependencies.multiversx-sc]
-version = "=0.47.8"
+version = "=0.48.0-alpha.1"
 path = "../base"
 features = ["alloc", "num-bigint"]
 
diff --git a/framework/scenario/Cargo.toml b/framework/scenario/Cargo.toml
index 0e138752e6..1b18eac149 100644
--- a/framework/scenario/Cargo.toml
+++ b/framework/scenario/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "multiversx-sc-scenario"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 edition = "2021"
 
 authors = [
@@ -40,12 +40,12 @@ path = "src/main.rs"
 run-go-tests = []
 
 [dependencies.multiversx-sc]
-version = "=0.47.8"
+version = "=0.48.0-alpha.1"
 features = ["alloc", "num-bigint"]
 path = "../base"
 
 [dependencies.multiversx-sc-meta]
-version = "=0.47.8"
+version = "=0.48.0-alpha.1"
 path = "../meta"
 
 [dependencies.multiversx-chain-scenario-format]
diff --git a/framework/snippets/Cargo.toml b/framework/snippets/Cargo.toml
index 14426e25fe..4d3e307d2b 100644
--- a/framework/snippets/Cargo.toml
+++ b/framework/snippets/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "multiversx-sc-snippets"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 edition = "2021"
 
 authors = ["MultiversX <contact@multiversx.com>"]
@@ -22,7 +22,7 @@ env_logger = "0.11"
 futures = "0.3"
 
 [dependencies.multiversx-sc-scenario]
-version = "=0.47.8"
+version = "=0.48.0-alpha.1"
 path = "../scenario"
 
 [dependencies.multiversx-sdk]
diff --git a/framework/wasm-adapter/Cargo.toml b/framework/wasm-adapter/Cargo.toml
index b75da45633..f74067f123 100644
--- a/framework/wasm-adapter/Cargo.toml
+++ b/framework/wasm-adapter/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "multiversx-sc-wasm-adapter"
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 edition = "2021"
 
 authors = [
@@ -22,5 +22,5 @@ categories = [
 ]
 
 [dependencies.multiversx-sc]
-version = "=0.47.8"
+version = "=0.48.0-alpha.1"
 path = "../base"
diff --git a/tools/mxpy-snippet-generator/Cargo.toml b/tools/mxpy-snippet-generator/Cargo.toml
index 4253ef6872..738aabebe6 100644
--- a/tools/mxpy-snippet-generator/Cargo.toml
+++ b/tools/mxpy-snippet-generator/Cargo.toml
@@ -10,7 +10,7 @@ name = "mxpy-snippet-generator"
 path = "src/mxpy_snippet_generator.rs"
 
 [dependencies.multiversx-sc]
-version = "0.47.8"
+version = "0.48.0-alpha.1"
 path = "../../framework/base"
 
 [dependencies]
diff --git a/tools/rust-debugger/format-tests/Cargo.toml b/tools/rust-debugger/format-tests/Cargo.toml
index c838a1d924..ab720903f5 100644
--- a/tools/rust-debugger/format-tests/Cargo.toml
+++ b/tools/rust-debugger/format-tests/Cargo.toml
@@ -9,11 +9,11 @@ name = "format-tests"
 path = "src/format_tests.rs"
 
 [dependencies.multiversx-sc]
-version = "=0.47.8"
+version = "=0.48.0-alpha.1"
 path = "../../../framework/base"
 
 [dependencies.multiversx-sc-scenario]
-version = "=0.47.8"
+version = "=0.48.0-alpha.1"
 path = "../../../framework/scenario"
 
 [dependencies.multiversx-chain-vm]