diff --git a/CHANGELOG.md b/CHANGELOG.md
index e51b6e48c..26f6d4da1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # Changelog
 
-## Unreleased
+## 5.0.0-rc.1
 
 ### Fixes
 
diff --git a/package.json b/package.json
index 626425ab0..18d9ce38c 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
   "name": "@sentry/react-native",
   "homepage": "https://github.com/getsentry/sentry-react-native",
   "repository": "https://github.com/getsentry/sentry-react-native",
-  "version": "5.0.0-beta.2",
+  "version": "5.0.0-rc.1",
   "description": "Official Sentry SDK for react-native",
   "typings": "dist/js/index.d.ts",
   "types": "dist/js/index.d.ts",
diff --git a/src/js/version.ts b/src/js/version.ts
index f163bf1db..439653943 100644
--- a/src/js/version.ts
+++ b/src/js/version.ts
@@ -1,3 +1,3 @@
 export const SDK_PACKAGE_NAME = 'npm:@sentry/react-native';
 export const SDK_NAME = 'sentry.javascript.react-native';
-export const SDK_VERSION = '5.0.0-beta.2';
+export const SDK_VERSION = '5.0.0-rc.1';