diff --git a/project/Build.scala b/project/Build.scala
index 10b3110a3202..255196dd9960 100644
--- a/project/Build.scala
+++ b/project/Build.scala
@@ -80,7 +80,7 @@ object DottyJSPlugin extends AutoPlugin {
 object Build {
   import ScaladocConfigs._
 
-  val referenceVersion = "3.2.0-RC3"
+  val referenceVersion = "3.2.0-RC4"
 
   val baseVersion = "3.2.1-RC1"