diff --git a/README.md b/README.md
index 002bf8ca0f6..3d4773facb0 100644
--- a/README.md
+++ b/README.md
@@ -84,7 +84,7 @@ export WALLET_DB=`pwd`/wallet-db
 
 # set the node tag and wallet tag to compatible versions
 export NODE_TAG=8.9.2
-export WALLET_TAG=2024.3.27
+export WALLET_TAG=2024.5.5
 
 # set a port for the wallet server
 export WALLET_PORT=8090