diff --git a/npm-packages/cadence-parser/package.json b/npm-packages/cadence-parser/package.json
index fac07202b..7dd4238ee 100644
--- a/npm-packages/cadence-parser/package.json
+++ b/npm-packages/cadence-parser/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@onflow/cadence-parser",
-  "version": "1.0.0-preview.48",
+  "version": "1.0.0-preview.49",
   "description": "The Cadence parser",
   "homepage": "https://github.com/onflow/cadence",
   "repository": {
diff --git a/version.go b/version.go
index be87cd62d..7010c51a1 100644
--- a/version.go
+++ b/version.go
@@ -21,4 +21,4 @@
 
 package cadence
 
-const Version = "v1.0.0-preview.48"
+const Version = "v1.0.0-preview.49"