diff --git a/package.json b/package.json
index 1d71cf098a2..7e81070e253 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/core-monorepo",
-  "version": "633.0.0",
+  "version": "634.0.0",
   "private": true,
   "description": "Monorepo for packages shared between MetaMask clients",
   "repository": {
diff --git a/packages/assets-controllers/package.json b/packages/assets-controllers/package.json
index 670c43ade59..bedf758753e 100644
--- a/packages/assets-controllers/package.json
+++ b/packages/assets-controllers/package.json
@@ -93,7 +93,7 @@
     "@metamask/network-controller": "^24.3.0",
     "@metamask/permission-controller": "^11.1.0",
     "@metamask/phishing-controller": "^14.1.2",
-    "@metamask/preferences-controller": "^20.0.2",
+    "@metamask/preferences-controller": "^20.1.0",
     "@metamask/providers": "^22.1.0",
     "@metamask/snaps-controllers": "^14.0.1",
     "@metamask/transaction-controller": "^60.9.0",
diff --git a/packages/preferences-controller/CHANGELOG.md b/packages/preferences-controller/CHANGELOG.md
index 0a687e6255e..319aa7e6fa5 100644
--- a/packages/preferences-controller/CHANGELOG.md
+++ b/packages/preferences-controller/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [20.1.0]
+
 ### Added
 
 - Add support for MONAD (chain ID `0x8f`) ([#6827](https://github.com/MetaMask/core/pull/6827))
@@ -449,7 +451,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
     All changes listed after this point were applied to this package following the monorepo conversion.
 
-[Unreleased]: https://github.com/MetaMask/core/compare/@metamask/preferences-controller@20.0.2...HEAD
+[Unreleased]: https://github.com/MetaMask/core/compare/@metamask/preferences-controller@20.1.0...HEAD
+[20.1.0]: https://github.com/MetaMask/core/compare/@metamask/preferences-controller@20.0.2...@metamask/preferences-controller@20.1.0
 [20.0.2]: https://github.com/MetaMask/core/compare/@metamask/preferences-controller@20.0.1...@metamask/preferences-controller@20.0.2
 [20.0.1]: https://github.com/MetaMask/core/compare/@metamask/preferences-controller@20.0.0...@metamask/preferences-controller@20.0.1
 [20.0.0]: https://github.com/MetaMask/core/compare/@metamask/preferences-controller@19.0.0...@metamask/preferences-controller@20.0.0
diff --git a/packages/preferences-controller/package.json b/packages/preferences-controller/package.json
index 1fcc834fb00..e66194a96e2 100644
--- a/packages/preferences-controller/package.json
+++ b/packages/preferences-controller/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/preferences-controller",
-  "version": "20.0.2",
+  "version": "20.1.0",
   "description": "Manages user-configurable settings for MetaMask",
   "keywords": [
     "MetaMask",
diff --git a/yarn.lock b/yarn.lock
index 57fcc26dbab..f66ed639581 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2770,7 +2770,7 @@ __metadata:
     "@metamask/permission-controller": "npm:^11.1.0"
     "@metamask/phishing-controller": "npm:^14.1.2"
     "@metamask/polling-controller": "npm:^14.0.1"
-    "@metamask/preferences-controller": "npm:^20.0.2"
+    "@metamask/preferences-controller": "npm:^20.1.0"
     "@metamask/providers": "npm:^22.1.0"
     "@metamask/rpc-errors": "npm:^7.0.2"
     "@metamask/snaps-controllers": "npm:^14.0.1"
@@ -4480,7 +4480,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@metamask/preferences-controller@npm:^20.0.2, @metamask/preferences-controller@workspace:packages/preferences-controller":
+"@metamask/preferences-controller@npm:^20.1.0, @metamask/preferences-controller@workspace:packages/preferences-controller":
   version: 0.0.0-use.local
   resolution: "@metamask/preferences-controller@workspace:packages/preferences-controller"
   dependencies: