diff --git a/internal/version/version.go b/internal/version/version.go
index e22e172d7..687071672 100644
--- a/internal/version/version.go
+++ b/internal/version/version.go
@@ -17,7 +17,7 @@ package version
 
 var (
 	// Version is the current version of the oras.
-	Version = "1.2.0-beta.1"
+	Version = "1.2.0-rc.1"
 	// BuildMetadata is the extra build time data
 	BuildMetadata = "unreleased"
 	// GitCommit is the git sha1