1. Install the latest Expo SDK and fix dependencies using `npx expo install expo@latest` and `npx expo install --fix`.
2. Run diagnostics using `npx expo-doctor` to identify potential issues.
3. Clear caches and reinstall dependencies by removing `node_modules` and running `npm install` or `yarn install`.
4. Prebuild the native projects if native changes are required using `npx expo prebuild --clean`.
5. Update configuration files such as `app.json`, `babel.config.js`, and `metro.config.js` based on the release notes.
6. Test the application thoroughly on both iOS and Android devices.
7. Remove deprecated packages and update code accordingly.
8. Review and remove outdated patches in the `patches/` directory.