diff --git a/lerna.json b/lerna.json
index ca3b8b4301b28..46330dbac4e91 100644
--- a/lerna.json
+++ b/lerna.json
@@ -16,5 +16,5 @@
       "registry": "https://registry.npmjs.org/"
     }
   },
-  "version": "12.1.7-canary.52"
+  "version": "12.2.0"
 }
diff --git a/packages/create-next-app/package.json b/packages/create-next-app/package.json
index d7a51a0904b72..7c13730910ad7 100644
--- a/packages/create-next-app/package.json
+++ b/packages/create-next-app/package.json
@@ -1,6 +1,6 @@
 {
   "name": "create-next-app",
-  "version": "12.1.7-canary.52",
+  "version": "12.2.0",
   "keywords": [
     "react",
     "next",
diff --git a/packages/eslint-config-next/package.json b/packages/eslint-config-next/package.json
index 1c6b4daa4c346..4f594d6c94283 100644
--- a/packages/eslint-config-next/package.json
+++ b/packages/eslint-config-next/package.json
@@ -1,6 +1,6 @@
 {
   "name": "eslint-config-next",
-  "version": "12.1.7-canary.52",
+  "version": "12.2.0",
   "description": "ESLint configuration used by NextJS.",
   "main": "index.js",
   "license": "MIT",
@@ -9,7 +9,7 @@
     "directory": "packages/eslint-config-next"
   },
   "dependencies": {
-    "@next/eslint-plugin-next": "12.1.7-canary.52",
+    "@next/eslint-plugin-next": "12.2.0",
     "@rushstack/eslint-patch": "^1.1.3",
     "@typescript-eslint/parser": "^5.21.0",
     "eslint-import-resolver-node": "^0.3.6",
diff --git a/packages/eslint-plugin-next/package.json b/packages/eslint-plugin-next/package.json
index 99b9e8d31246d..eaf7df7085e6a 100644
--- a/packages/eslint-plugin-next/package.json
+++ b/packages/eslint-plugin-next/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/eslint-plugin-next",
-  "version": "12.1.7-canary.52",
+  "version": "12.2.0",
   "description": "ESLint plugin for NextJS.",
   "main": "lib/index.js",
   "license": "MIT",
diff --git a/packages/next-bundle-analyzer/package.json b/packages/next-bundle-analyzer/package.json
index b555e6a6b3132..e0c6ceccf19c4 100644
--- a/packages/next-bundle-analyzer/package.json
+++ b/packages/next-bundle-analyzer/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/bundle-analyzer",
-  "version": "12.1.7-canary.52",
+  "version": "12.2.0",
   "main": "index.js",
   "types": "index.d.ts",
   "license": "MIT",
diff --git a/packages/next-codemod/package.json b/packages/next-codemod/package.json
index 05ce1edb56513..48e418f5b9987 100644
--- a/packages/next-codemod/package.json
+++ b/packages/next-codemod/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/codemod",
-  "version": "12.1.7-canary.52",
+  "version": "12.2.0",
   "license": "MIT",
   "dependencies": {
     "chalk": "4.1.0",
diff --git a/packages/next-env/package.json b/packages/next-env/package.json
index c9f55d6ef897e..92f88d88af7fd 100644
--- a/packages/next-env/package.json
+++ b/packages/next-env/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/env",
-  "version": "12.1.7-canary.52",
+  "version": "12.2.0",
   "keywords": [
     "react",
     "next",
diff --git a/packages/next-mdx/package.json b/packages/next-mdx/package.json
index 1481f65d5142b..db08d2483168c 100644
--- a/packages/next-mdx/package.json
+++ b/packages/next-mdx/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/mdx",
-  "version": "12.1.7-canary.52",
+  "version": "12.2.0",
   "main": "index.js",
   "license": "MIT",
   "repository": {
diff --git a/packages/next-plugin-storybook/package.json b/packages/next-plugin-storybook/package.json
index 193ad15d0db5d..9822649b64f6d 100644
--- a/packages/next-plugin-storybook/package.json
+++ b/packages/next-plugin-storybook/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/plugin-storybook",
-  "version": "12.1.7-canary.52",
+  "version": "12.2.0",
   "repository": {
     "url": "vercel/next.js",
     "directory": "packages/next-plugin-storybook"
diff --git a/packages/next-polyfill-module/package.json b/packages/next-polyfill-module/package.json
index 28b2779973172..1d8e4cafeb4a6 100644
--- a/packages/next-polyfill-module/package.json
+++ b/packages/next-polyfill-module/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/polyfill-module",
-  "version": "12.1.7-canary.52",
+  "version": "12.2.0",
   "description": "A standard library polyfill for ES Modules supporting browsers (Edge 16+, Firefox 60+, Chrome 61+, Safari 10.1+)",
   "main": "dist/polyfill-module.js",
   "license": "MIT",
diff --git a/packages/next-polyfill-nomodule/package.json b/packages/next-polyfill-nomodule/package.json
index a14e4c9f97270..f3470e8a96623 100644
--- a/packages/next-polyfill-nomodule/package.json
+++ b/packages/next-polyfill-nomodule/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/polyfill-nomodule",
-  "version": "12.1.7-canary.52",
+  "version": "12.2.0",
   "description": "A polyfill for non-dead, nomodule browsers.",
   "main": "dist/polyfill-nomodule.js",
   "license": "MIT",
diff --git a/packages/next-swc/package.json b/packages/next-swc/package.json
index 691b654f2c906..19bac36306ed4 100644
--- a/packages/next-swc/package.json
+++ b/packages/next-swc/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/swc",
-  "version": "12.1.7-canary.52",
+  "version": "12.2.0",
   "private": true,
   "scripts": {
     "build-native": "napi build --platform -p next-swc-napi --cargo-name next_swc_napi native --features plugin",
diff --git a/packages/next/package.json b/packages/next/package.json
index dcfced9bf8549..eab9c4bfd9d62 100644
--- a/packages/next/package.json
+++ b/packages/next/package.json
@@ -1,6 +1,6 @@
 {
   "name": "next",
-  "version": "12.1.7-canary.52",
+  "version": "12.2.0",
   "description": "The React Framework",
   "main": "./dist/server/next.js",
   "license": "MIT",
@@ -71,7 +71,7 @@
     ]
   },
   "dependencies": {
-    "@next/env": "12.1.7-canary.52",
+    "@next/env": "12.2.0",
     "@swc/helpers": "0.4.2",
     "caniuse-lite": "^1.0.30001332",
     "postcss": "8.4.5",
@@ -122,11 +122,11 @@
     "@hapi/accept": "5.0.2",
     "@napi-rs/cli": "2.4.4",
     "@napi-rs/triples": "1.1.0",
-    "@next/polyfill-module": "12.1.7-canary.52",
-    "@next/polyfill-nomodule": "12.1.7-canary.52",
-    "@next/react-dev-overlay": "12.1.7-canary.52",
-    "@next/react-refresh-utils": "12.1.7-canary.52",
-    "@next/swc": "12.1.7-canary.52",
+    "@next/polyfill-module": "12.2.0",
+    "@next/polyfill-nomodule": "12.2.0",
+    "@next/react-dev-overlay": "12.2.0",
+    "@next/react-refresh-utils": "12.2.0",
+    "@next/swc": "12.2.0",
     "@taskr/clear": "1.1.0",
     "@taskr/esnext": "1.1.0",
     "@taskr/watch": "1.1.0",
diff --git a/packages/react-dev-overlay/package.json b/packages/react-dev-overlay/package.json
index cf9be11338c06..959e7b4de255d 100644
--- a/packages/react-dev-overlay/package.json
+++ b/packages/react-dev-overlay/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/react-dev-overlay",
-  "version": "12.1.7-canary.52",
+  "version": "12.2.0",
   "description": "A development-only overlay for developing React applications.",
   "repository": {
     "url": "vercel/next.js",
diff --git a/packages/react-refresh-utils/package.json b/packages/react-refresh-utils/package.json
index beca195f748f2..36801018c1772 100644
--- a/packages/react-refresh-utils/package.json
+++ b/packages/react-refresh-utils/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/react-refresh-utils",
-  "version": "12.1.7-canary.52",
+  "version": "12.2.0",
   "description": "An experimental package providing utilities for React Refresh.",
   "repository": {
     "url": "vercel/next.js",
diff --git a/pnpm-lock.yaml b/pnpm-lock.yaml
index e8c8ac908347c..285296a2fbc5e 100644
--- a/pnpm-lock.yaml
+++ b/pnpm-lock.yaml
@@ -354,7 +354,7 @@ importers:
 
   packages/eslint-config-next:
     specifiers:
-      '@next/eslint-plugin-next': 12.1.7-canary.52
+      '@next/eslint-plugin-next': 12.2.0
       '@rushstack/eslint-patch': ^1.1.3
       '@typescript-eslint/parser': ^5.21.0
       eslint-import-resolver-node: ^0.3.6
@@ -410,12 +410,12 @@ importers:
       '@hapi/accept': 5.0.2
       '@napi-rs/cli': 2.4.4
       '@napi-rs/triples': 1.1.0
-      '@next/env': 12.1.7-canary.52
-      '@next/polyfill-module': 12.1.7-canary.52
-      '@next/polyfill-nomodule': 12.1.7-canary.52
-      '@next/react-dev-overlay': 12.1.7-canary.52
-      '@next/react-refresh-utils': 12.1.7-canary.52
-      '@next/swc': 12.1.7-canary.52
+      '@next/env': 12.2.0
+      '@next/polyfill-module': 12.2.0
+      '@next/polyfill-nomodule': 12.2.0
+      '@next/react-dev-overlay': 12.2.0
+      '@next/react-refresh-utils': 12.2.0
+      '@next/swc': 12.2.0
       '@swc/helpers': 0.4.2
       '@taskr/clear': 1.1.0
       '@taskr/esnext': 1.1.0
@@ -7718,7 +7718,7 @@ packages:
       mississippi: 3.0.0
       mkdirp: 0.5.5
       move-concurrently: 1.0.1
-      promise-inflight: 1.0.1
+      promise-inflight: 1.0.1_bluebird@3.7.2
       rimraf: 2.7.1
       ssri: 6.0.1
       unique-filename: 1.1.1
@@ -18014,6 +18014,17 @@ packages:
         optional: true
     dev: true
 
+  /promise-inflight/1.0.1_bluebird@3.7.2:
+    resolution: {integrity: sha512-6zWPyEOFaQBJYcGMHBKTKJ3u6TBsnMFOIZSa6ce1e/ZrrsOlnHRHbabMjLiBYKp+n44X9eUI6VUPaukCXHuG4g==}
+    peerDependencies:
+      bluebird: '*'
+    peerDependenciesMeta:
+      bluebird:
+        optional: true
+    dependencies:
+      bluebird: 3.7.2
+    dev: true
+
   /promise-polyfill/6.1.0:
     resolution: {integrity: sha512-g0LWaH0gFsxovsU7R5LrrhHhWAWiHRnh1GPrhXnPgYsDkIqjRYUYSZEsej/wtleDrz5xVSIDbeKfidztp2XHFQ==}
     dev: true
@@ -20633,7 +20644,7 @@ packages:
       worker-farm: 1.7.0
     dev: true
 
-  /terser-webpack-plugin/5.2.4_webpack@5.73.0:
+  /terser-webpack-plugin/5.2.4:
     resolution: {integrity: sha512-E2CkNMN+1cho04YpdANyRrn8CyN4yMy+WdFKZIySFZrGXZxJwJP6PMNGGc/Mcr6qygQHUUqRxnAPmi0M9f00XA==}
     engines: {node: '>= 10.13.0'}
     peerDependencies:
@@ -20655,7 +20666,6 @@ packages:
       serialize-javascript: 6.0.0
       source-map: 0.6.1
       terser: 5.10.0
-      webpack: 5.73.0
     dev: true
 
   /terser/4.8.0:
@@ -22084,7 +22094,7 @@ packages:
       neo-async: 2.6.2
       schema-utils: 3.1.1
       tapable: 2.2.0
-      terser-webpack-plugin: 5.2.4_webpack@5.73.0
+      terser-webpack-plugin: 5.2.4
       watchpack: 2.4.0
       webpack-sources: 3.2.3
     transitivePeerDependencies: