diff --git a/eng/versioning/version_client.txt b/eng/versioning/version_client.txt
index 26e85bb5f7622..377930e5ea5c3 100644
--- a/eng/versioning/version_client.txt
+++ b/eng/versioning/version_client.txt
@@ -84,7 +84,7 @@ com.azure:azure-communication-sms;1.1.30;1.2.0-beta.1
 com.azure:azure-compute-batch;1.0.0-beta.3;1.0.0-beta.4
 com.azure:azure-containers-containerregistry;1.2.14;1.3.0-beta.1
 com.azure:azure-containers-containerregistry-perf;1.0.0-beta.1;1.0.0-beta.1
-com.azure:azure-core;1.54.1;1.55.0-beta.1
+com.azure:azure-core;1.54.1;1.54.2
 com.azure:azure-core-amqp;2.9.12;2.10.0-beta.1
 com.azure:azure-core-amqp-experimental;1.0.0-beta.1;1.0.0-beta.1
 com.azure:azure-core-experimental;1.0.0-beta.56;1.0.0-beta.57
diff --git a/sdk/core/azure-core-amqp/pom.xml b/sdk/core/azure-core-amqp/pom.xml
index 2c64ae5df115d..fbd4638992409 100644
--- a/sdk/core/azure-core-amqp/pom.xml
+++ b/sdk/core/azure-core-amqp/pom.xml
@@ -77,7 +77,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
     <dependency>
       <groupId>com.microsoft.azure</groupId>
diff --git a/sdk/core/azure-core-experimental/pom.xml b/sdk/core/azure-core-experimental/pom.xml
index 396b52856523d..c888526f0de78 100644
--- a/sdk/core/azure-core-experimental/pom.xml
+++ b/sdk/core/azure-core-experimental/pom.xml
@@ -79,7 +79,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
 
     <dependency>
diff --git a/sdk/core/azure-core-http-jdk-httpclient/pom.xml b/sdk/core/azure-core-http-jdk-httpclient/pom.xml
index 750a6d16368d9..880fe4e76a67c 100644
--- a/sdk/core/azure-core-http-jdk-httpclient/pom.xml
+++ b/sdk/core/azure-core-http-jdk-httpclient/pom.xml
@@ -77,14 +77,14 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
 
     <!-- test dependencies on azure-core, because we want to run tests inherited from this module using JDK 11 HttpClient -->
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
       <classifier>tests</classifier>
       <type>test-jar</type>
       <scope>test</scope>
diff --git a/sdk/core/azure-core-http-netty/pom.xml b/sdk/core/azure-core-http-netty/pom.xml
index d58697d765c55..8b9497033526b 100644
--- a/sdk/core/azure-core-http-netty/pom.xml
+++ b/sdk/core/azure-core-http-netty/pom.xml
@@ -82,7 +82,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
 
     <dependency>
@@ -156,7 +156,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
       <classifier>tests</classifier>
       <type>test-jar</type>
       <scope>test</scope>
diff --git a/sdk/core/azure-core-http-okhttp/pom.xml b/sdk/core/azure-core-http-okhttp/pom.xml
index f7cf0c0684f5e..f0c529d5c5c58 100644
--- a/sdk/core/azure-core-http-okhttp/pom.xml
+++ b/sdk/core/azure-core-http-okhttp/pom.xml
@@ -78,7 +78,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
 
     <dependency>
@@ -103,7 +103,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
       <classifier>tests</classifier>
       <type>test-jar</type>
       <scope>test</scope>
diff --git a/sdk/core/azure-core-http-vertx/pom.xml b/sdk/core/azure-core-http-vertx/pom.xml
index e7e184d7399e2..6e77db6e7f538 100644
--- a/sdk/core/azure-core-http-vertx/pom.xml
+++ b/sdk/core/azure-core-http-vertx/pom.xml
@@ -78,7 +78,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
 
     <!-- Required to satisfy the -Xlint:classfile compiler option -->
@@ -99,7 +99,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
       <classifier>tests</classifier>
       <type>test-jar</type>
       <scope>test</scope>
diff --git a/sdk/core/azure-core-management/pom.xml b/sdk/core/azure-core-management/pom.xml
index a78dbde0e120a..394691610c5e1 100644
--- a/sdk/core/azure-core-management/pom.xml
+++ b/sdk/core/azure-core-management/pom.xml
@@ -76,7 +76,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
 
     <dependency>
diff --git a/sdk/core/azure-core-metrics-opentelemetry/pom.xml b/sdk/core/azure-core-metrics-opentelemetry/pom.xml
index e73cba2fae147..c61fc768c6dcf 100644
--- a/sdk/core/azure-core-metrics-opentelemetry/pom.xml
+++ b/sdk/core/azure-core-metrics-opentelemetry/pom.xml
@@ -53,7 +53,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
     <dependency>
       <groupId>com.google.code.findbugs</groupId>
diff --git a/sdk/core/azure-core-perf/pom.xml b/sdk/core/azure-core-perf/pom.xml
index b27a19a75c612..1533049382dd0 100644
--- a/sdk/core/azure-core-perf/pom.xml
+++ b/sdk/core/azure-core-perf/pom.xml
@@ -21,7 +21,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
     <dependency>
       <groupId>com.azure</groupId>
diff --git a/sdk/core/azure-core-serializer-avro-apache/pom.xml b/sdk/core/azure-core-serializer-avro-apache/pom.xml
index cdce1a96881a9..426e8344ce72c 100644
--- a/sdk/core/azure-core-serializer-avro-apache/pom.xml
+++ b/sdk/core/azure-core-serializer-avro-apache/pom.xml
@@ -77,7 +77,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
     <dependency>
       <groupId>com.azure</groupId>
diff --git a/sdk/core/azure-core-serializer-avro-jackson/pom.xml b/sdk/core/azure-core-serializer-avro-jackson/pom.xml
index f976952e1e538..efba96cfcf997 100644
--- a/sdk/core/azure-core-serializer-avro-jackson/pom.xml
+++ b/sdk/core/azure-core-serializer-avro-jackson/pom.xml
@@ -69,7 +69,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
     <dependency>
       <groupId>com.azure</groupId>
diff --git a/sdk/core/azure-core-serializer-json-gson/pom.xml b/sdk/core/azure-core-serializer-json-gson/pom.xml
index e1c3b58069c0b..a0053149fdf55 100644
--- a/sdk/core/azure-core-serializer-json-gson/pom.xml
+++ b/sdk/core/azure-core-serializer-json-gson/pom.xml
@@ -78,7 +78,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
     <dependency>
       <groupId>com.azure</groupId>
diff --git a/sdk/core/azure-core-serializer-json-jackson/pom.xml b/sdk/core/azure-core-serializer-json-jackson/pom.xml
index 90931e30da84f..06adc334bfd88 100644
--- a/sdk/core/azure-core-serializer-json-jackson/pom.xml
+++ b/sdk/core/azure-core-serializer-json-jackson/pom.xml
@@ -91,7 +91,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
 
     <dependency>
diff --git a/sdk/core/azure-core-test/pom.xml b/sdk/core/azure-core-test/pom.xml
index f05fd91be556a..8009815916887 100644
--- a/sdk/core/azure-core-test/pom.xml
+++ b/sdk/core/azure-core-test/pom.xml
@@ -71,7 +71,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
 
     <!-- Azure HTTP client implementation dependencies -->
diff --git a/sdk/core/azure-core-tracing-opentelemetry/pom.xml b/sdk/core/azure-core-tracing-opentelemetry/pom.xml
index 96eb9de4e4765..4d4a9f45fe7fc 100644
--- a/sdk/core/azure-core-tracing-opentelemetry/pom.xml
+++ b/sdk/core/azure-core-tracing-opentelemetry/pom.xml
@@ -66,7 +66,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
     <dependency>
       <groupId>com.google.code.findbugs</groupId>
diff --git a/sdk/core/azure-core-version-tests/pom.xml b/sdk/core/azure-core-version-tests/pom.xml
index 58be3b7641473..8ae04aedb616d 100644
--- a/sdk/core/azure-core-version-tests/pom.xml
+++ b/sdk/core/azure-core-version-tests/pom.xml
@@ -60,7 +60,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
     <dependency>
       <groupId>com.azure</groupId>
diff --git a/sdk/core/azure-core/CHANGELOG.md b/sdk/core/azure-core/CHANGELOG.md
index 6c1b502e395a7..43564d69b33d9 100644
--- a/sdk/core/azure-core/CHANGELOG.md
+++ b/sdk/core/azure-core/CHANGELOG.md
@@ -1,15 +1,11 @@
 # Release History
 
-## 1.55.0-beta.1 (Unreleased)
-
-### Features Added
-
-### Breaking Changes
-
-### Bugs Fixed
+## 1.54.2 (2024-12-09)
 
 ### Other Changes
 
+- Removed length restriction on application id in `ClientOptions`. ([#42937](https://github.com/Azure/azure-sdk-for-java/pull/42937))
+
 ## 1.54.1 (2024-11-14)
 
 ### Bugs Fixed
diff --git a/sdk/core/azure-core/README.md b/sdk/core/azure-core/README.md
index 4f308087d5eba..23c66ee13e5c4 100644
--- a/sdk/core/azure-core/README.md
+++ b/sdk/core/azure-core/README.md
@@ -66,7 +66,7 @@ add the direct dependency to your project as follows.
 <dependency>
     <groupId>com.azure</groupId>
     <artifactId>azure-core</artifactId>
-    <version>1.54.1</version>
+    <version>1.54.2</version>
 </dependency>
 ```
 [//]: # ({x-version-update-end})
diff --git a/sdk/core/azure-core/pom.xml b/sdk/core/azure-core/pom.xml
index 036e86b9a22b1..993b00cfdbabb 100644
--- a/sdk/core/azure-core/pom.xml
+++ b/sdk/core/azure-core/pom.xml
@@ -15,7 +15,7 @@
   <groupId>com.azure</groupId>
   <artifactId>azure-core</artifactId>
   <packaging>jar</packaging>
-  <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+  <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
 
   <name>Microsoft Azure Java Core Library</name>
   <description>This package contains core types for Azure Java clients.</description>
diff --git a/sdk/e2e/pom.xml b/sdk/e2e/pom.xml
index f53185a1ed4f3..5709b5f50d3b5 100644
--- a/sdk/e2e/pom.xml
+++ b/sdk/e2e/pom.xml
@@ -29,7 +29,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.55.0-beta.1</version> <!-- {x-version-update;com.azure:azure-core;current} -->
+      <version>1.54.2</version> <!-- {x-version-update;com.azure:azure-core;current} -->
     </dependency>
     <dependency>
       <groupId>com.azure</groupId>