diff --git a/ballerina/Ballerina.toml b/ballerina/Ballerina.toml
index b796055..89ad2ea 100644
--- a/ballerina/Ballerina.toml
+++ b/ballerina/Ballerina.toml
@@ -1,11 +1,11 @@
 [package]
 org = "ballerinai"
 name = "observe"
-version = "1.2.2"
-distribution = "2201.8.0"
+version = "1.3.0"
+distribution = "2201.10.0"
 
 [platform.java17]
 graalvmCompatible = true
 
 [[platform.java17.dependency]]
-path = "../native/build/libs/observe-internal-native-1.2.2.jar"
+path = "../native/build/libs/observe-internal-native-1.3.0-SNAPSHOT.jar"
diff --git a/build-config/resources/Ballerina.toml b/build-config/resources/Ballerina.toml
index 2ab0172..bf293d5 100644
--- a/build-config/resources/Ballerina.toml
+++ b/build-config/resources/Ballerina.toml
@@ -2,7 +2,7 @@
 org = "ballerinai"
 name = "observe"
 version = "@toml.version@"
-distribution = "2201.8.0"
+distribution = "2201.10.0"
 
 [platform.java17]
 graalvmCompatible = true
diff --git a/gradle.properties b/gradle.properties
index 477e4f3..6fabfd2 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -14,9 +14,9 @@
 
 org.gradle.caching=true
 group=io.ballerina
-version=1.2.3-SNAPSHOT
+version=1.3.0-SNAPSHOT
 
-ballerinaLangVersion=2201.8.0
+ballerinaLangVersion=2201.10.0-20240802-124900-0b8d2ff7
 ballerinaTomlParserVersion=1.2.2
 ballerinaGradlePluginVersion=2.0.1
 puppycrawlCheckstyleVersion=10.12.0
@@ -24,7 +24,7 @@ openTelemetryVersion=1.7.0
 nettyCodecVersion=4.1.100.Final
 gsonVersion=2.10.1
 
-observeVersion=1.2.3
+observeVersion=1.3.0-20240802-173700-3e9a47e
 
 # Test Dependency Versions
 testngVersion=7.6.1
diff --git a/testobserve/ballerina/Ballerina.toml b/testobserve/ballerina/Ballerina.toml
index 5d16652..bd1e941 100644
--- a/testobserve/ballerina/Ballerina.toml
+++ b/testobserve/ballerina/Ballerina.toml
@@ -4,4 +4,4 @@ name = "testobserve"
 version = "0.0.0"
 
 [[platform.java17.dependency]]
-path = "../native/build/libs/testobserve-native-1.2.2-SNAPSHOT-all.jar"
+path = "../native/build/libs/testobserve-native-1.3.0-SNAPSHOT-all.jar"
diff --git a/testobserve/ballerina/Dependencies.toml b/testobserve/ballerina/Dependencies.toml
index 7c97e34..5c95bbf 100644
--- a/testobserve/ballerina/Dependencies.toml
+++ b/testobserve/ballerina/Dependencies.toml
@@ -5,7 +5,7 @@
 
 [ballerina]
 dependencies-toml-version = "2"
-distribution-version = "2201.8.0"
+distribution-version = "2201.10.0-20240802-124900-0b8d2ff7"
 
 [[package]]
 org = "ballerina"