diff --git a/.devcontainer/devcontainer.json b/.devcontainer/devcontainer.json
index 19122656..5d8ff2d6 100644
--- a/.devcontainer/devcontainer.json
+++ b/.devcontainer/devcontainer.json
@@ -1,6 +1,6 @@
 {
   "name": "swanky-env",
-  "image": "ghcr.io/inkdevhub/swanky-cli/swanky-base:swanky3.1.0-beta.0_v2.1.1",
+  "image": "ghcr.io/inkdevhub/swanky-cli/swanky-base:swanky4.0.0-beta.0_v2.2.0",
   "features": {
     "ghcr.io/devcontainers/features/docker-in-docker:2.8.0": {}
   },
diff --git a/README.md b/README.md
index 4bc281dd..252807fe 100644
--- a/README.md
+++ b/README.md
@@ -232,7 +232,7 @@ $ npm install -g @astar-network/swanky-cli
 $ swanky COMMAND
 running command...
 $ swanky (--version|-V|-v)
-@astar-network/swanky-cli/4.0.0-beta.0 darwin-x64 node-v21.7.1
+@astar-network/swanky-cli/4.0.0 darwin-x64 node-v21.7.1
 $ swanky --help [COMMAND]
 USAGE
   $ swanky COMMAND
@@ -300,7 +300,7 @@ DESCRIPTION
   Balance of an account
 ```
 
-_See code: [src/commands/account/balance.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/account/balance.ts)_
+_See code: [src/commands/account/balance.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/account/balance.ts)_
 
 ## `swanky account create`
 
@@ -320,7 +320,7 @@ DESCRIPTION
   Create a new dev account in config
 ```
 
-_See code: [src/commands/account/create.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/account/create.ts)_
+_See code: [src/commands/account/create.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/account/create.ts)_
 
 ## `swanky account default [ACCOUNTALIAS]`
 
@@ -341,7 +341,7 @@ DESCRIPTION
   Set default account to use
 ```
 
-_See code: [src/commands/account/default.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/account/default.ts)_
+_See code: [src/commands/account/default.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/account/default.ts)_
 
 ## `swanky account faucet ALIAS`
 
@@ -361,7 +361,7 @@ DESCRIPTION
   Transfer some tokens from faucet to an account
 ```
 
-_See code: [src/commands/account/faucet.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/account/faucet.ts)_
+_See code: [src/commands/account/faucet.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/account/faucet.ts)_
 
 ## `swanky account list`
 
@@ -381,7 +381,7 @@ ALIASES
   $ swanky account ls
 ```
 
-_See code: [src/commands/account/list.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/account/list.ts)_
+_See code: [src/commands/account/list.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/account/list.ts)_
 
 ## `swanky account ls`
 
@@ -415,7 +415,7 @@ FLAGS
   -v, --verbose  Display more info in the result logs
 ```
 
-_See code: [src/commands/clear/index.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/clear/index.ts)_
+_See code: [src/commands/clear/index.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/clear/index.ts)_
 
 ## `swanky contract compile [CONTRACTNAME]`
 
@@ -439,7 +439,7 @@ DESCRIPTION
   Compile the smart contract(s) in your contracts directory
 ```
 
-_See code: [src/commands/contract/compile.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/contract/compile.ts)_
+_See code: [src/commands/contract/compile.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/contract/compile.ts)_
 
 ## `swanky contract deploy CONTRACTNAME`
 
@@ -464,7 +464,7 @@ DESCRIPTION
   Deploy contract to a running node
 ```
 
-_See code: [src/commands/contract/deploy.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/contract/deploy.ts)_
+_See code: [src/commands/contract/deploy.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/contract/deploy.ts)_
 
 ## `swanky contract explain CONTRACTNAME`
 
@@ -484,7 +484,7 @@ DESCRIPTION
   Explain contract messages based on the contracts' metadata
 ```
 
-_See code: [src/commands/contract/explain.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/contract/explain.ts)_
+_See code: [src/commands/contract/explain.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/contract/explain.ts)_
 
 ## `swanky contract new CONTRACTNAME`
 
@@ -505,7 +505,7 @@ DESCRIPTION
   Generate a new smart contract template inside a project
 ```
 
-_See code: [src/commands/contract/new.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/contract/new.ts)_
+_See code: [src/commands/contract/new.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/contract/new.ts)_
 
 ## `swanky contract query CONTRACTNAME MESSAGENAME`
 
@@ -532,7 +532,7 @@ DESCRIPTION
   Call a query message on smart contract
 ```
 
-_See code: [src/commands/contract/query.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/contract/query.ts)_
+_See code: [src/commands/contract/query.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/contract/query.ts)_
 
 ## `swanky contract test [CONTRACTNAME]`
 
@@ -554,7 +554,7 @@ DESCRIPTION
   Run tests for a given contact
 ```
 
-_See code: [src/commands/contract/test.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/contract/test.ts)_
+_See code: [src/commands/contract/test.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/contract/test.ts)_
 
 ## `swanky contract tx CONTRACTNAME MESSAGENAME`
 
@@ -582,7 +582,7 @@ DESCRIPTION
   Call a Tx message on smart contract
 ```
 
-_See code: [src/commands/contract/tx.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/contract/tx.ts)_
+_See code: [src/commands/contract/tx.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/contract/tx.ts)_
 
 ## `swanky contract verify [CONTRACTNAME]`
 
@@ -603,7 +603,7 @@ DESCRIPTION
   Verify the smart contract(s) in your contracts directory
 ```
 
-_See code: [src/commands/contract/verify.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/contract/verify.ts)_
+_See code: [src/commands/contract/verify.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/contract/verify.ts)_
 
 ## `swanky env check`
 
@@ -621,7 +621,7 @@ DESCRIPTION
   Check installed package versions and compatibility
 ```
 
-_See code: [src/commands/env/check.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/env/check.ts)_
+_See code: [src/commands/env/check.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/env/check.ts)_
 
 ## `swanky env install`
 
@@ -641,7 +641,7 @@ DESCRIPTION
   Install dev dependencies
 ```
 
-_See code: [src/commands/env/install.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/env/install.ts)_
+_See code: [src/commands/env/install.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/env/install.ts)_
 
 ## `swanky generate tests [CONTRACTNAME]`
 
@@ -663,7 +663,7 @@ DESCRIPTION
   Generate test files for the specified contract
 ```
 
-_See code: [src/commands/generate/tests.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/generate/tests.ts)_
+_See code: [src/commands/generate/tests.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/generate/tests.ts)_
 
 ## `swanky generate types CONTRACTNAME`
 
@@ -683,7 +683,7 @@ DESCRIPTION
   Generate types from compiled contract metadata
 ```
 
-_See code: [src/commands/generate/types.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/generate/types.ts)_
+_See code: [src/commands/generate/types.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/generate/types.ts)_
 
 ## `swanky help [COMMAND]`
 
@@ -726,7 +726,7 @@ DESCRIPTION
   Generate a new smart contract environment
 ```
 
-_See code: [src/commands/init/index.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/init/index.ts)_
+_See code: [src/commands/init/index.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/init/index.ts)_
 
 ## `swanky node chopsticks init`
 
@@ -743,7 +743,7 @@ DESCRIPTION
   Initialize chopsticks config
 ```
 
-_See code: [src/commands/node/chopsticks/init.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/node/chopsticks/init.ts)_
+_See code: [src/commands/node/chopsticks/init.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/node/chopsticks/init.ts)_
 
 ## `swanky node chopsticks start`
 
@@ -761,7 +761,7 @@ DESCRIPTION
   Start chopsticks
 ```
 
-_See code: [src/commands/node/chopsticks/start.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/node/chopsticks/start.ts)_
+_See code: [src/commands/node/chopsticks/start.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/node/chopsticks/start.ts)_
 
 ## `swanky node install`
 
@@ -774,13 +774,13 @@ USAGE
 FLAGS
   -v, --verbose              Display more info in the result logs
       --set-version=<value>  Specify version of swanky node to install.
-                             List of supported versions: 1.6.0, 1.5.0, 1.4.0, 1.3.0, 1.2.0, 1.1.0, 1.0.0
+                             List of supported versions: 1.7.0, 1.6.0, 1.5.0, 1.4.0, 1.3.0, 1.2.0, 1.1.0, 1.0.0
 
 DESCRIPTION
   Install swanky node binary
 ```
 
-_See code: [src/commands/node/install.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/node/install.ts)_
+_See code: [src/commands/node/install.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/node/install.ts)_
 
 ## `swanky node purge`
 
@@ -797,7 +797,7 @@ DESCRIPTION
   Purge local chain state
 ```
 
-_See code: [src/commands/node/purge.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/node/purge.ts)_
+_See code: [src/commands/node/purge.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/node/purge.ts)_
 
 ## `swanky node start`
 
@@ -828,7 +828,7 @@ DESCRIPTION
   Start a local node
 ```
 
-_See code: [src/commands/node/start.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/node/start.ts)_
+_See code: [src/commands/node/start.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/node/start.ts)_
 
 ## `swanky node version`
 
@@ -845,7 +845,7 @@ DESCRIPTION
   Show swanky node version
 ```
 
-_See code: [src/commands/node/version.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/node/version.ts)_
+_See code: [src/commands/node/version.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/node/version.ts)_
 
 ## `swanky plugins`
 
@@ -1163,7 +1163,7 @@ DESCRIPTION
   Initialize Zombienet
 ```
 
-_See code: [src/commands/zombienet/init.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/zombienet/init.ts)_
+_See code: [src/commands/zombienet/init.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/zombienet/init.ts)_
 
 ## `swanky zombienet start`
 
@@ -1181,5 +1181,5 @@ DESCRIPTION
   Start Zombienet
 ```
 
-_See code: [src/commands/zombienet/start.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0-beta.0/src/commands/zombienet/start.ts)_
+_See code: [src/commands/zombienet/start.ts](https://github.com/inkdevhub/swanky-cli/blob/v4.0.0/src/commands/zombienet/start.ts)_
 <!-- commandsstop -->
diff --git a/base-image/Dockerfile b/base-image/Dockerfile
index 8d399114..2fe118a5 100644
--- a/base-image/Dockerfile
+++ b/base-image/Dockerfile
@@ -13,7 +13,7 @@ RUN curl -sL https://deb.nodesource.com/setup_20.x | bash - && apt-get install -
 RUN apt-get install -y binaryen pkg-config libssl-dev
 
 # Download and install swanky-cli and verify the installation
-RUN curl -L https://github.com/swankyhub/swanky-cli/releases/download/v3.1.0-beta.0/swanky-v3.1.0-beta.0-9153ae7-linux-x64.tar.gz | tar xz -C /opt && \
+RUN curl -L https://github.com/swankyhub/swanky-cli/releases/download/v4.0.0/swanky-v4.0.0-81446c0-linux-x64.tar.gz | tar xz -C /opt && \
   ln -s /opt/swanky/bin/swanky /usr/local/bin/swanky
 
 # Install Rustup and Rust, additional components, packages, and verify the installations
diff --git a/package.json b/package.json
index 86300827..a53ec9bd 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@astar-network/swanky-cli",
-  "version": "4.0.0-beta.0",
+  "version": "4.0.0",
   "description": "All in one WASM smart contract development toolset",
   "author": "Astar network",
   "license": "MIT",
diff --git a/src/lib/consts.ts b/src/lib/consts.ts
index ad7d4209..fce84a95 100644
--- a/src/lib/consts.ts
+++ b/src/lib/consts.ts
@@ -1,6 +1,6 @@
 import { swankyNodeVersions } from "./nodeInfo.js";
 
-export const DEFAULT_NODE_INFO = swankyNodeVersions.get("1.6.0")!;
+export const DEFAULT_NODE_INFO = swankyNodeVersions.get("1.7.0")!;
 
 export const DEFAULT_NETWORK_URL = "ws://127.0.0.1:9944";
 export const DEFAULT_ASTAR_NETWORK_URL = "wss://rpc.astar.network";
diff --git a/src/lib/nodeInfo.ts b/src/lib/nodeInfo.ts
index cb53e8dd..7b744e58 100644
--- a/src/lib/nodeInfo.ts
+++ b/src/lib/nodeInfo.ts
@@ -15,6 +15,26 @@ export interface nodeInfo {
 }
 
 export const swankyNodeVersions = new Map<string, nodeInfo>([
+  [
+    "1.7.0",
+    {
+      version: "1.7.0",
+      polkadotPalletVersions: "polkadot-v0.9.43",
+      supportedInk: "v5.0.0",
+      downloadUrl: {
+        darwin: {
+          arm64:
+            "https://github.com/AstarNetwork/swanky-node/releases/download/v1.7.0/swanky-node-v1.7.0-macOS-universal.tar.gz",
+          x64: "https://github.com/AstarNetwork/swanky-node/releases/download/v1.7.0/swanky-node-v1.7.0-macOS-universal.tar.gz",
+        },
+        linux: {
+          arm64:
+            "https://github.com/AstarNetwork/swanky-node/releases/download/v1.7.0/swanky-node-v1.7.0-ubuntu-aarch64.tar.gz",
+          x64: "https://github.com/AstarNetwork/swanky-node/releases/download/v1.7.0/swanky-node-v1.7.0-ubuntu-x86_64.tar.gz",
+        },
+      },
+    },
+  ],
   [
     "1.6.0",
     {