diff --git a/.github/workflows/test_install.yml b/.github/workflows/test_install.yml
index faa192a..89d1cfe 100644
--- a/.github/workflows/test_install.yml
+++ b/.github/workflows/test_install.yml
@@ -21,7 +21,7 @@ jobs:
       - name: "Set up Node.js"
         uses: actions/setup-node@v4
         with:
-          node-version: "20"
+          node-version: "24"
       - name: "Install dependencies"
         run: npm install
       - name: "Run eslint"
@@ -80,7 +80,7 @@ jobs:
       - name: "Set up Node.js"
         uses: actions/setup-node@v4
         with:
-          node-version: "20"
+          node-version: "24"
           
       - name: "Install dependencies"
         run: npm install
diff --git a/CHANGELOG.md b/CHANGELOG.md
new file mode 100644
index 0000000..4903e6d
--- /dev/null
+++ b/CHANGELOG.md
@@ -0,0 +1,34 @@
+# Changelog
+
+All notable changes to this project will be documented in this file.
+
+The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
+and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
+
+## [Unreleased]
+---
+
+### Breaking Changes
+
+- **Node.js requirement updated to 24+** - The action now requires Node.js 24 or higher. If you're using this action, GitHub Actions will automatically use Node 24 runtime. For development and testing, ensure you have Node 24+ installed.
+
+### Changed
+
+- Updated `action.yml` to use `node24` runtime
+- Updated test workflows to run on Node 24
+- Updated documentation to v2
+
+## [1.0.0] - 2024
+---
+### Initial Release
+
+- Install Cloudsmith CLI via pip or executable download
+- OIDC authentication support
+- API Key authentication support
+- OIDC-only authentication mode
+- Configurable retry logic for OIDC authentication
+- CLI configuration options (api-host, api-proxy, api-ssl-verify, api-user-agent)
+- Support for Linux, macOS, and Windows runners
+- Node 20 runtime support
+
+[1.0.0]: https://github.com/cloudsmith-io/cloudsmith-cli-action/releases/tag/v1.0.0
diff --git a/README.md b/README.md
index 49f1767..f352de1 100644
--- a/README.md
+++ b/README.md
@@ -2,13 +2,15 @@
 
 [![Test Status](https://github.com/cloudsmith-io/cloudsmith-cli-action/actions/workflows/test_install.yml/badge.svg)](https://github.com/cloudsmith-io/cloudsmith-cli-action/actions/workflows/test_install.yml)
 [![GitHub Marketplace](https://img.shields.io/badge/Marketplace-Cloudsmith%20CLI%20Install-blue.svg?colorA=24292e&colorB=0366d6&style=flat&longCache=true&logo=github)](https://github.com/marketplace/actions/cloudsmith-cli-install-action)
-[![Node.js Version](https://img.shields.io/badge/node-20-brightgreen.svg)](https://nodejs.org/)
+[![Node.js Version](https://img.shields.io/badge/node-24-brightgreen.svg)](https://nodejs.org/)
 [![License](https://img.shields.io/github/license/cloudsmith-io/cloudsmith-cli-action.svg)](LICENSE)
 [![Version](https://img.shields.io/github/v/release/cloudsmith-io/cloudsmith-cli-action.svg)](https://github.com/cloudsmith-io/cloudsmith-cli-action/releases)
 
 This GitHub Action installs the Cloudsmith CLI and pre-authenticates it using OIDC or API Key. 🚀
 
-> **⚠️ Notice:** If you are running on self-hosted runners, Python version 3.9 or higher is required. Please ensure your runner meets this requirement to avoid any issues. We recommend using [setup-python](https://github.com/actions/setup-python) action for installing Python. 🐍
+**⚠️ Notice:** The `@v2` of the cloudsmith cli action now runs on Node24 as a minimum requirement. If you still rely on Node20, please use `@v1` and plan for future migration.
+
+**⚠️ Notice:** If you are running on self-hosted runners, Python version 3.9 or higher is required. Please ensure your runner meets this requirement to avoid any issues. We recommend using [setup-python](https://github.com/actions/setup-python) action for installing Python. 🐍
 
 ## Inputs
 
@@ -42,7 +44,7 @@ See [CLI configuration documentation](https://github.com/cloudsmith-io/cloudsmit
 Cloudsmith OIDC [documentation](https://docs.cloudsmith.com/authentication/openid-connect)
 
 ```yaml
-uses: cloudsmith-io/cloudsmith-cli-action@v1
+uses: cloudsmith-io/cloudsmith-cli-action@v2
 with:
   oidc-namespace: 'your-oidc-namespace'
   oidc-service-slug: 'your-service-account-slug'
@@ -53,7 +55,7 @@ with:
 Personal API Key can be found [here](https://cloudsmith.io/user/settings/api/). For CI-CD deployments we recommend using [Service Accounts](https://docs.cloudsmith.com/accounts-and-teams/service-accounts).
 
 ```yaml
-uses: cloudsmith-io/cloudsmith-cli-action@v1
+uses: cloudsmith-io/cloudsmith-cli-action@v2
 with:
   api-key: 'your-api-key'
 ```
@@ -63,7 +65,7 @@ with:
 If you only need to authenticate with Cloudsmith's API without installing the CLI:
 
 ```yaml
-uses: cloudsmith-io/cloudsmith-cli-action@v1
+uses: cloudsmith-io/cloudsmith-cli-action@v2
 with:
   oidc-namespace: 'your-oidc-namespace'
   oidc-service-slug: 'your-service-account-slug'
@@ -103,7 +105,7 @@ jobs:
         uses: actions/checkout@v4
 
       - name: Install Cloudsmith CLI
-        uses: cloudsmith-io/cloudsmith-cli-action@v1
+        uses: cloudsmith-io/cloudsmith-cli-action@v2
         with:
           oidc-namespace: 'your-oidc-namespace'
           oidc-service-slug: 'your-service-account-slug'
diff --git a/action.yml b/action.yml
index 9fee716..74c9b38 100644
--- a/action.yml
+++ b/action.yml
@@ -61,7 +61,7 @@ outputs:
     oidc-token:
         description: "JWT token generated by the Cloudsmith CLI setup action"
 runs:
-  using: 'node20'
+  using: 'node24'
   main: "dist/index.js"
 
 branding:
diff --git a/package.json b/package.json
index bbe3dea..5661680 100644
--- a/package.json
+++ b/package.json
@@ -1,8 +1,11 @@
 {
   "name": "cloudsmith-github-action",
-  "version": "1.0.3",
+  "version": "2.0.0",
   "description": "A GitHub Action to install Cloudsmith CLI and authenticate using OIDC",
   "main": "dist/index.js",
+  "engines": {
+    "node": ">=24"
+  },
   "scripts": {
     "build": "ncc build src/main.js -o dist",
     "lint": "eslint .",