diff --git a/docs/CHANGELOG.md b/docs/CHANGELOG.md
index 75194262..ce1e6997 100644
--- a/docs/CHANGELOG.md
+++ b/docs/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Changelog
 
+### 2.31.4
+
+- `Fix` - Prevent inline-toolbar re-renders when linked text is selected
+
 ### 2.31.3
 
 - `Fix` - Prevent text formatting removal when applying link
diff --git a/package.json b/package.json
index e17e6f2a..49b61542 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@editorjs/editorjs",
-  "version": "2.31.3",
+  "version": "2.31.4",
   "description": "Editor.js — open source block-style WYSIWYG editor with JSON output",
   "main": "dist/editorjs.umd.js",
   "module": "dist/editorjs.mjs",
diff --git a/src/components/inline-tools/inline-tool-link.ts b/src/components/inline-tools/inline-tool-link.ts
index 999a30c4..0bef25c7 100644
--- a/src/components/inline-tools/inline-tool-link.ts
+++ b/src/components/inline-tools/inline-tool-link.ts
@@ -212,7 +212,7 @@ export default class LinkInlineTool implements InlineTool {
        */
       const hrefAttr = anchorTag.getAttribute('href');
 
-      this.nodes.input.value = hrefAttr !== 'null' ? hrefAttr : '';
+      this.nodes.input.defaultValue = hrefAttr !== 'null' ? hrefAttr : '';
 
       this.selection.save();
     } else {