diff --git a/.env b/.env
index c69cb105..37ffe341 100644
--- a/.env
+++ b/.env
@@ -4,8 +4,8 @@ NETWORK_NODE_IMAGE_PREFIX=gcr.io/hedera-registry/
 NETWORK_NODE_IMAGE_NAME=main-network-node
 
 #### Image Tags/Hashes ####
-NETWORK_NODE_IMAGE_TAG=0.49.7
-HAVEGED_IMAGE_TAG=0.49.7
+NETWORK_NODE_IMAGE_TAG=0.50.0
+HAVEGED_IMAGE_TAG=0.50.0
 
 #### Java Process Settings ####
 PLATFORM_JAVA_HEAP_MIN=256m
diff --git a/package-lock.json b/package-lock.json
index a6ee0d07..4242952b 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@hashgraph/hedera-local",
-  "version": "2.25.2",
+  "version": "2.25.3",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "@hashgraph/hedera-local",
-      "version": "2.25.2",
+      "version": "2.25.3",
       "license": "Apache-2.0",
       "dependencies": {
         "@hashgraph/sdk": "^2.43.0",
diff --git a/package.json b/package.json
index 7cec44d0..02c4748a 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@hashgraph/hedera-local",
-  "version": "2.25.2",
+  "version": "2.25.3",
   "description": "Developer tooling for running Local Hedera Network (Consensus + Mirror Nodes).",
   "main": "index.ts",
   "scripts": {
diff --git a/src/configuration/local.json b/src/configuration/local.json
index dfb981e0..2b4ad927 100644
--- a/src/configuration/local.json
+++ b/src/configuration/local.json
@@ -1,7 +1,7 @@
 {
   "imageTagConfiguration": [
-    {"key": "NETWORK_NODE_IMAGE_TAG", "value": "0.49.7"},
-    {"key": "HAVEGED_IMAGE_TAG", "value": "0.49.7"},
+    {"key": "NETWORK_NODE_IMAGE_TAG", "value": "0.50.0"},
+    {"key": "HAVEGED_IMAGE_TAG", "value": "0.50.0"},
     {"key": "MIRROR_IMAGE_TAG", "value": "0.104.0"},
     {"key": "RELAY_IMAGE_TAG", "value": "0.47.0"},
     {"key": "MIRROR_NODE_EXPLORER_IMAGE_TAG", "value": "24.4.0"}