diff --git a/.github/workflows/build-dev-branches.yml b/.github/workflows/build-dev-branches.yml
index 3ae1f6f9..4a4a45ba 100644
--- a/.github/workflows/build-dev-branches.yml
+++ b/.github/workflows/build-dev-branches.yml
@@ -22,11 +22,11 @@ jobs:
     steps:
       - name: Checkout Repository
         uses: actions/checkout@v3
-      - name: Set up JDK 17
+      - name: Set up JDK 21
         uses: actions/setup-java@v3
         with:
-          distribution: "temurin"
-          java-version: 17.0.7
+          distribution: 'temurin'
+          java-version: 21.0.3
       - name: Set up Ballerina
         if: github.event_name == 'workflow_dispatch'
         uses: ballerina-platform/setup-ballerina@v1.1.3
@@ -57,11 +57,11 @@ jobs:
     steps:
       - name: Checkout Repository
         uses: actions/checkout@v3
-      - name: Set up JDK 17
+      - name: Set up JDK 21
         uses: actions/setup-java@v3
         with:
-          distribution: adopt
-          java-version: 17.0.7
+          distribution: 'temurin'
+          java-version: 21.0.3
       - name: Grant execute permission for gradlew
         run: chmod +x gradlew
       - name: Download Jaeger server executable
diff --git a/.github/workflows/build-main.yml b/.github/workflows/build-main.yml
index 34262b0e..d6a13112 100644
--- a/.github/workflows/build-main.yml
+++ b/.github/workflows/build-main.yml
@@ -21,11 +21,11 @@ jobs:
     steps:
       - name: Checkout Repository
         uses: actions/checkout@v3
-      - name: Set up JDK 17
+      - name: Set up JDK 21
         uses: actions/setup-java@v3
         with:
           distribution: 'temurin'
-          java-version: 17.0.7
+          java-version: 21.0.3
       - name: Set up Ballerina
         if: github.event_name == 'workflow_dispatch'
         uses: ballerina-platform/setup-ballerina@v1.1.3
diff --git a/.github/workflows/central-publish.yml b/.github/workflows/central-publish.yml
index 8bbc5a9b..d9f27b14 100644
--- a/.github/workflows/central-publish.yml
+++ b/.github/workflows/central-publish.yml
@@ -22,11 +22,11 @@ jobs:
     if: github.repository_owner == 'ballerina-platform'
     steps:
       - uses: actions/checkout@v3
-      - name: Set up JDK 17
+      - name: Set up JDK 21
         uses: actions/setup-java@v3
         with:
           distribution: 'temurin'
-          java-version: 17.0.7
+          java-version: 21.0.3
       - name: Set up Ballerina
         uses: ballerina-platform/setup-ballerina@v1.1.3
         with:
diff --git a/.github/workflows/daily-build.yml b/.github/workflows/daily-build.yml
index 51bea32a..69c8692e 100644
--- a/.github/workflows/daily-build.yml
+++ b/.github/workflows/daily-build.yml
@@ -20,11 +20,11 @@ jobs:
     steps:
       - name: Checkout Repository
         uses: actions/checkout@v3
-      - name: Set up JDK 17
+      - name: Set up JDK 21
         uses: actions/setup-java@v3
         with:
           distribution: 'temurin'
-          java-version: 17.0.7
+          java-version: 21.0.3
       - name: Set up Ballerina
         if: github.event_name == 'workflow_dispatch'
         uses: ballerina-platform/setup-ballerina@v1.1.3
diff --git a/.github/workflows/graalvm-check.yml b/.github/workflows/graalvm-check.yml
index 0138954e..5e5fb954 100644
--- a/.github/workflows/graalvm-check.yml
+++ b/.github/workflows/graalvm-check.yml
@@ -23,7 +23,7 @@ jobs:
         uses: graalvm/setup-graalvm@v1
         with:
           version: 'latest'
-          java-version: '17.0.7'
+          java-version: '21.0.3'
           components: 'native-image'
           github-token: ${{ secrets.GITHUB_TOKEN }}
       - name: Check GraalVM installation
diff --git a/.github/workflows/publish-release.yml b/.github/workflows/publish-release.yml
index d2de80ae..f84ea52d 100644
--- a/.github/workflows/publish-release.yml
+++ b/.github/workflows/publish-release.yml
@@ -15,11 +15,11 @@ jobs:
     steps:
       - name: Checkout Repository
         uses: actions/checkout@v3
-      - name: Set up JDK 17
+      - name: Set up JDK 21
         uses: actions/setup-java@v3
         with:
           distribution: 'temurin'
-          java-version: 17.0.7
+          java-version: 21.0.3
       - name: Set up Ballerina
         uses: ballerina-platform/setup-ballerina@v1.1.3
         with:
diff --git a/.github/workflows/pull-request.yml b/.github/workflows/pull-request.yml
index 1ef9d056..7a1cddcc 100644
--- a/.github/workflows/pull-request.yml
+++ b/.github/workflows/pull-request.yml
@@ -3,7 +3,7 @@ name: Validate Pull Request
 on: pull_request
 
 env:
-  BALLERINA_DISTRIBUTION_VERSION: 2201.10.0   # Update this with the latest Ballerina version
+  BALLERINA_DISTRIBUTION_VERSION: nightly-2201.11.x   # Update this with the latest Ballerina version
 
 jobs:
   ubuntu-build:
@@ -11,11 +11,11 @@ jobs:
     steps:
       - name: Checkout Repository
         uses: actions/checkout@v3
-      - name: Set up JDK 17
+      - name: Set up JDK 21
         uses: actions/setup-java@v3
         with:
-          distribution: adopt
-          java-version: 17.0.7
+          distribution: 'temurin'
+          java-version: 21.0.3
       - name: Set up Ballerina
         uses: ballerina-platform/setup-ballerina@v1.1.3
         with:
diff --git a/README.md b/README.md
index e343815a..87b902e2 100644
--- a/README.md
+++ b/README.md
@@ -9,7 +9,7 @@
 
 ### Setting Up the Prerequisites
 
-1. Download and install Java SE Development Kit (JDK) version 17 (from one of the following locations).
+1. Download and install Java SE Development Kit (JDK) version 21 (from one of the following locations).
 
     * [Oracle](https://www.oracle.com/java/technologies/downloads/)
 
diff --git a/ballerina-tests/jaeger-server-tests/tests/test.bal b/ballerina-tests/jaeger-server-tests/tests/test.bal
index d727b280..f2f8d9d3 100644
--- a/ballerina-tests/jaeger-server-tests/tests/test.bal
+++ b/ballerina-tests/jaeger-server-tests/tests/test.bal
@@ -358,7 +358,7 @@ function testHttpCachingClientSpanTags() returns error? {
     test:assertTrue(containsTag("src.object.name", httpCachingClientSpanTagKeys));
     test:assertEquals(httpCachingClientSpanTags["src.object.name"], "ballerina/http/HttpCachingClient");
     test:assertTrue(containsTag("src.position", httpCachingClientSpanTagKeys));
-    test:assertEquals(httpCachingClientSpanTags["src.position"], "http_client_endpoint.bal:282:41");
+    test:assertEquals(httpCachingClientSpanTags["src.position"], "http_client_endpoint.bal:285:41");
 }
 
 @test:Config
@@ -394,7 +394,7 @@ function testHttpClientSpanTags() returns error? {
     test:assertTrue(containsTag("src.object.name", httpClientSpanTagKeys));
     test:assertEquals(httpClientSpanTags["src.object.name"], "ballerina/http/HttpClient");
     test:assertTrue(containsTag("src.position", httpClientSpanTagKeys));
-    test:assertEquals(httpClientSpanTags["src.position"], "caching_http_caching_client.bal:371:16");
+    test:assertEquals(httpClientSpanTags["src.position"], "caching_http_caching_client.bal:372:16");
 }
 
 function isContain(string[] array, string id) returns boolean {
diff --git a/ballerina/Ballerina.toml b/ballerina/Ballerina.toml
index e3f13c65..6ea5c5fb 100644
--- a/ballerina/Ballerina.toml
+++ b/ballerina/Ballerina.toml
@@ -20,124 +20,124 @@ name = "jaeger"
 version = "@toml.version@"
 distribution = "2201.10.0"
 
-[platform.java17]
+[platform.java21]
 graalvmCompatible = true
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "../native/build/libs/jaeger-extension-native-@project.version@.jar"
 groupId = "ballerina"
 artifactId = "jaeger-extension-native"
 version = "@project.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/opentelemetry-sdk-trace-@opentelemetrySDK.version@.jar"
 groupId = "io.opentelemetry"
 artifactId = "opentelemetry-sdk-trace"
 version = "@opentelemetrySDK.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/opentelemetry-sdk-common-@opentelemetrySDK.version@.jar"
 groupId = "io.opentelemetry"
 artifactId = "opentelemetry-sdk-common"
 version = "@opentelemetrySDK.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/opentelemetry-semconv-@opentelemetrySemconv.version@.jar"
-groupId = "io.opentelemetry"
+groupId = "io.opentelemetry.semconv"
 artifactId = "opentelemetry-semconv"
 version = "@opentelemetrySemconv.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/opentelemetry-proto-@opentelemetryProto.version@.jar"
 groupId = "io.opentelemetry"
 artifactId = "opentelemetry-proto"
 version = "@opentelemetryProto.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/opentelemetry-exporter-otlp-trace-@opentelemetryExporter.version@.jar"
 groupId = "io.opentelemetry"
 artifactId = "opentelemetry-exporter-otlp-trace"
 version = "@opentelemetryExporter.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/opentelemetry-exporter-otlp-common-@opentelemetryExporter.version@.jar"
 groupId = "io.opentelemetry"
 artifactId = "opentelemetry-exporter-otlp-common"
 version = "@opentelemetryExporter.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/opentelemetry-extension-trace-propagators-@opentelemetry.version@.jar"
 groupId = "io.opentelemetry"
 artifactId = "opentelemetry-extension-trace-propagators"
 version = "@opentelemetry.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/guava-@guava.version@.jar"
 groupId = "com.google.guava"
 artifactId = "guava"
 version = "@guava.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/failureaccess-@failureAccess.version@.jar"
 groupId = "com.google.guava"
 artifactId = "failureaccess"
 version = "@failureAccess.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/grpc-api-@grpc.version@.jar"
 groupId = "io.grpc"
 artifactId = "grpc-api"
 version = "@grpc.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/grpc-context-@grpc.version@.jar"
 groupId = "io.grpc"
 artifactId = "grpc-context"
 version = "@grpc.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/grpc-core-@grpc.version@.jar"
 groupId = "io.grpc"
 artifactId = "grpc-core"
 version = "@grpc.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/grpc-stub-@grpc.version@.jar"
 groupId = "io.grpc"
 artifactId = "grpc-stub"
 version = "@grpc.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/grpc-protobuf-@grpc.version@.jar"
 groupId = "io.grpc"
 artifactId = "grpc-protobuf"
 version = "@grpc.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/grpc-protobuf-lite-@grpc.version@.jar"
 groupId = "io.grpc"
 artifactId = "grpc-protobuf-lite"
 version = "@grpc.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/grpc-netty-shaded-@grpc.version@.jar"
 groupId = "io.grpc"
 artifactId = "grpc-netty-shaded"
 version = "@grpc.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/protobuf-java-@protobuf.version@.jar"
 groupId = "com.google.protobuf"
 artifactId = "protobuf-java"
 version = "@protobuf.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/netty-handler-@netty.version@.jar"
 groupId = "io.netty"
 artifactId = "netty-handler"
 version = "@netty.version@"
 
-[[platform.java17.dependency]]
+[[platform.java21.dependency]]
 path = "./lib/perfmark-api-@perfmark.version@.jar"
 groupId = "io.perfmark"
 artifactId = "perfmark-api"
diff --git a/ballerina/Dependencies.toml b/ballerina/Dependencies.toml
index 5ad8716f..73ff87d0 100644
--- a/ballerina/Dependencies.toml
+++ b/ballerina/Dependencies.toml
@@ -5,12 +5,12 @@
 
 [ballerina]
 dependencies-toml-version = "2"
-distribution-version = "2201.9.0"
+distribution-version = "2201.11.0"
 
 [[package]]
 org = "ballerina"
 name = "io"
-version = "1.6.0"
+version = "1.7.0"
 dependencies = [
 	{org = "ballerina", name = "jballerina.java"},
 	{org = "ballerina", name = "lang.value"}
@@ -38,7 +38,7 @@ dependencies = [
 [[package]]
 org = "ballerina"
 name = "observe"
-version = "1.2.3"
+version = "1.4.0"
 dependencies = [
 	{org = "ballerina", name = "jballerina.java"}
 ]
@@ -50,7 +50,7 @@ modules = [
 [[package]]
 org = "ballerinax"
 name = "jaeger"
-version = "0.5.3"
+version = "1.0.0"
 dependencies = [
 	{org = "ballerina", name = "io"},
 	{org = "ballerina", name = "jballerina.java"},
diff --git a/ballerina/build.gradle b/ballerina/build.gradle
index e786c7c9..3de4172b 100644
--- a/ballerina/build.gradle
+++ b/ballerina/build.gradle
@@ -83,8 +83,8 @@ def artifactLibParent = file("${project.buildDir}/lib_parent/")
 def tomlVersion = stripBallerinaExtensionVersion("${project.version}")
 def ballerinaCentralAccessToken = System.getenv('BALLERINA_CENTRAL_ACCESS_TOKEN')
 def originalConfig = ballerinaConfigFile.text
-def artifactJar = file("$project.projectDir/target/cache/${packageOrg}/${packageName}/${tomlVersion}/java17/")
-def platform = "java17"
+def artifactJar = file("$project.projectDir/target/cache/${packageOrg}/${packageName}/${tomlVersion}/java21/")
+def platform = "java21"
 def skipTests = false
 
 def stripBallerinaExtensionVersion(String extVersion) {
diff --git a/build.gradle b/build.gradle
index 9192abff..af16f839 100644
--- a/build.gradle
+++ b/build.gradle
@@ -18,9 +18,10 @@ import org.apache.tools.ant.taskdefs.condition.Os
 
 plugins {
     id 'checkstyle'
-    id "com.github.spotbugs" version "5.0.14"
-    id "net.researchgate.release" version "2.8.0"
-    id "de.undercouch.download" version "5.4.0"
+    id "com.github.spotbugs" version "${githubSpotbugsVersion}"
+    id "com.github.johnrengelman.shadow" version "${githubJohnrengelmanShadowVersion}"
+    id "de.undercouch.download" version "${underCouchDownloadVersion}"
+    id "net.researchgate.release" version "${researchgateReleaseVersion}"
     id "jacoco"
 }
 
@@ -75,8 +76,11 @@ subprojects {
     }
 
     spotbugsMain {
-        it.effort "max"
-        it.reportLevel "low"
+        def classLoader = plugins["com.github.spotbugs"].class.classLoader
+        def SpotBugsConfidence = classLoader.findLoadedClass("com.github.spotbugs.snom.Confidence")
+        def SpotBugsEffort = classLoader.findLoadedClass("com.github.spotbugs.snom.Effort")
+        it.effort = SpotBugsEffort.MAX
+        it.reportLevel = SpotBugsConfidence.LOW
         it.reports {
             xml.enabled false
             html.enabled true
@@ -88,8 +92,11 @@ subprojects {
     }
 
     spotbugsTest {
-        it.effort "max"
-        it.reportLevel "low"
+        def classLoader = plugins["com.github.spotbugs"].class.classLoader
+        def SpotBugsConfidence = classLoader.findLoadedClass("com.github.spotbugs.snom.Confidence")
+        def SpotBugsEffort = classLoader.findLoadedClass("com.github.spotbugs.snom.Effort")
+        it.effort = SpotBugsEffort.MAX
+        it.reportLevel = SpotBugsConfidence.LOW
         it.reports {
             xml.enabled false
             html.enabled true
diff --git a/gradle.properties b/gradle.properties
index 3d756791..0d8e2e5a 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -14,12 +14,17 @@
 
 group=org.ballerinalang
 version=1.0.0-SNAPSHOT
-ballerinaLangVersion=2201.10.0
+ballerinaLangVersion=2201.11.0-20241218-101200-109f6cc7
 org.gradle.caching=true
 org.gradle.parallel=true
 org.gradle.jvmargs='-Dfile.encoding=UTF-8'
 org.gradle.workers.max=3
 
+githubSpotbugsVersion=6.0.18
+githubJohnrengelmanShadowVersion=8.1.1
+underCouchDownloadVersion=5.4.0
+researchgateReleaseVersion=2.8.0
+
 # Native Dependency Versions
 openTelemetryVersion=1.32.0
 openTelemetryExporterVersion=1.14.0