diff --git a/Cargo.lock b/Cargo.lock
index 8f213d648..7ca339a5d 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1172,7 +1172,7 @@ dependencies = [
 
 [[package]]
 name = "modularize_imports"
-version = "0.59.0"
+version = "0.60.0"
 dependencies = [
  "convert_case",
  "handlebars",
@@ -1716,7 +1716,7 @@ dependencies = [
 
 [[package]]
 name = "react_remove_properties"
-version = "0.15.0"
+version = "0.16.0"
 dependencies = [
  "serde",
  "swc_atoms",
@@ -1791,7 +1791,7 @@ checksum = "c707298afce11da2efef2f600116fa93ffa7a032b5d7b628aa17711ec81383ca"
 
 [[package]]
 name = "remove_console"
-version = "0.16.0"
+version = "0.17.0"
 dependencies = [
  "serde",
  "swc_atoms",
@@ -2167,7 +2167,7 @@ checksum = "73473c0e59e6d5812c5dfe2a064a6444949f089e20eec9a2e5506596494e4623"
 
 [[package]]
 name = "styled_components"
-version = "0.87.0"
+version = "0.88.0"
 dependencies = [
  "Inflector",
  "once_cell",
@@ -2188,7 +2188,7 @@ dependencies = [
 
 [[package]]
 name = "styled_jsx"
-version = "0.64.0"
+version = "0.65.0"
 dependencies = [
  "easy-error",
  "lightningcss",
@@ -2329,7 +2329,7 @@ dependencies = [
 
 [[package]]
 name = "swc_constify"
-version = "0.27.0"
+version = "0.28.0"
 dependencies = [
  "once_cell",
  "rustc-hash",
@@ -2794,7 +2794,7 @@ dependencies = [
 
 [[package]]
 name = "swc_emotion"
-version = "0.63.0"
+version = "0.64.0"
 dependencies = [
  "base64",
  "byteorder",
@@ -2870,7 +2870,7 @@ dependencies = [
 
 [[package]]
 name = "swc_magic"
-version = "0.10.0"
+version = "0.11.0"
 dependencies = [
  "serde",
  "swc_atoms",
@@ -3107,7 +3107,7 @@ dependencies = [
 
 [[package]]
 name = "swc_relay"
-version = "0.35.0"
+version = "0.36.0"
 dependencies = [
  "once_cell",
  "regex",
diff --git a/packages/constify/package.json b/packages/constify/package.json
index 8693d9ba1..79e8871ce 100644
--- a/packages/constify/package.json
+++ b/packages/constify/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@swc/plugin-constify",
-  "version": "0.1.32",
+  "version": "0.1.33",
   "description": "SWC plugin for optimization",
   "main": "swc_plugin_constify.wasm",
   "scripts": {
diff --git a/packages/constify/transform/Cargo.toml b/packages/constify/transform/Cargo.toml
index cc41d1746..932d169c4 100644
--- a/packages/constify/transform/Cargo.toml
+++ b/packages/constify/transform/Cargo.toml
@@ -5,7 +5,7 @@ edition = "2021"
 license = "Apache-2.0"
 name = "swc_constify"
 repository = "https://github.com/swc-project/plugins.git"
-version = "0.27.0"
+version = "0.28.0"
 
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
 
diff --git a/packages/emotion/package.json b/packages/emotion/package.json
index bcd0a635d..37412e554 100644
--- a/packages/emotion/package.json
+++ b/packages/emotion/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@swc/plugin-emotion",
-  "version": "2.5.102",
+  "version": "2.5.103",
   "description": "SWC plugin for emotion css-in-js library",
   "main": "swc_plugin_emotion.wasm",
   "scripts": {
diff --git a/packages/emotion/transform/Cargo.toml b/packages/emotion/transform/Cargo.toml
index b576eee87..611ff2cdf 100644
--- a/packages/emotion/transform/Cargo.toml
+++ b/packages/emotion/transform/Cargo.toml
@@ -5,7 +5,7 @@ edition = "2021"
 license = "Apache-2.0"
 name = "swc_emotion"
 repository = "https://github.com/swc-project/plugins.git"
-version = "0.63.0"
+version = "0.64.0"
 
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
 
diff --git a/packages/jest/package.json b/packages/jest/package.json
index 3ec239f68..ce095162b 100644
--- a/packages/jest/package.json
+++ b/packages/jest/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@swc/plugin-jest",
-  "version": "1.5.102",
+  "version": "1.5.103",
   "description": "SWC plugin for jest",
   "main": "swc_plugin_jest.wasm",
   "scripts": {
diff --git a/packages/loadable-components/package.json b/packages/loadable-components/package.json
index 657bf990f..05345ad0f 100644
--- a/packages/loadable-components/package.json
+++ b/packages/loadable-components/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@swc/plugin-loadable-components",
-  "version": "0.3.102",
+  "version": "0.3.103",
   "description": "SWC plugin for `@loadable/components`",
   "main": "swc_plugin_loadable_components.wasm",
   "scripts": {
diff --git a/packages/noop/package.json b/packages/noop/package.json
index d12b1c421..ec118dfba 100644
--- a/packages/noop/package.json
+++ b/packages/noop/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@swc/plugin-noop",
-  "version": "1.5.100",
+  "version": "1.5.101",
   "description": "Noop SWC plugin, for debugging",
   "main": "swc_plugin_noop.wasm",
   "scripts": {
diff --git a/packages/react-remove-properties/package.json b/packages/react-remove-properties/package.json
index cd15c62bd..272b97bc3 100644
--- a/packages/react-remove-properties/package.json
+++ b/packages/react-remove-properties/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@swc/plugin-react-remove-properties",
-  "version": "1.5.102",
+  "version": "1.5.103",
   "description": "SWC plugin for https://www.npmjs.com/package/babel-plugin-react-remove-properties",
   "main": "swc_plugin_react_remove_properties.wasm",
   "scripts": {
diff --git a/packages/react-remove-properties/transform/Cargo.toml b/packages/react-remove-properties/transform/Cargo.toml
index 22ee9d580..87c618c53 100644
--- a/packages/react-remove-properties/transform/Cargo.toml
+++ b/packages/react-remove-properties/transform/Cargo.toml
@@ -5,7 +5,7 @@ edition = "2021"
 license = "Apache-2.0"
 name = "react_remove_properties"
 repository = "https://github.com/swc-project/plugins.git"
-version = "0.15.0"
+version = "0.16.0"
 
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
 
diff --git a/packages/relay/package.json b/packages/relay/package.json
index 8d1e968d9..b654c03d0 100644
--- a/packages/relay/package.json
+++ b/packages/relay/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@swc/plugin-relay",
-  "version": "1.5.102",
+  "version": "1.5.103",
   "description": "SWC plugin for relay",
   "main": "swc_plugin_relay.wasm",
   "types": "./types.d.ts",
diff --git a/packages/relay/transform/Cargo.toml b/packages/relay/transform/Cargo.toml
index 6ace6caef..d14ddb293 100644
--- a/packages/relay/transform/Cargo.toml
+++ b/packages/relay/transform/Cargo.toml
@@ -5,7 +5,7 @@ edition = "2021"
 license = "Apache-2.0"
 name = "swc_relay"
 repository = "https://github.com/swc-project/plugins.git"
-version = "0.35.0"
+version = "0.36.0"
 
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
 
diff --git a/packages/remove-console/package.json b/packages/remove-console/package.json
index cb4c28686..a3677d9a3 100644
--- a/packages/remove-console/package.json
+++ b/packages/remove-console/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@swc/plugin-remove-console",
-  "version": "1.5.102",
+  "version": "1.5.103",
   "description": "SWC plugin for https://www.npmjs.com/package/babel-plugin-remove-console",
   "main": "swc_plugin_remove_console.wasm",
   "scripts": {
diff --git a/packages/remove-console/transform/Cargo.toml b/packages/remove-console/transform/Cargo.toml
index 9fa43f686..fc0dfe118 100644
--- a/packages/remove-console/transform/Cargo.toml
+++ b/packages/remove-console/transform/Cargo.toml
@@ -5,7 +5,7 @@ edition = "2021"
 license = "Apache-2.0"
 name = "remove_console"
 repository = "https://github.com/swc-project/plugins.git"
-version = "0.16.0"
+version = "0.17.0"
 
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
 
diff --git a/packages/styled-components/package.json b/packages/styled-components/package.json
index 320996cf9..472490d58 100644
--- a/packages/styled-components/package.json
+++ b/packages/styled-components/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@swc/plugin-styled-components",
-  "version": "1.5.102",
+  "version": "1.5.103",
   "description": "SWC plugin for styled-components",
   "main": "swc_plugin_styled_components.wasm",
   "scripts": {
diff --git a/packages/styled-components/transform/Cargo.toml b/packages/styled-components/transform/Cargo.toml
index 6e1397829..92a6532c4 100644
--- a/packages/styled-components/transform/Cargo.toml
+++ b/packages/styled-components/transform/Cargo.toml
@@ -6,7 +6,7 @@ include = ["Cargo.toml", "src/**/*.rs"]
 license = "Apache-2.0"
 name = "styled_components"
 repository = "https://github.com/swc-project/plugins.git"
-version = "0.87.0"
+version = "0.88.0"
 
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html
 
diff --git a/packages/styled-components/transform/src/utils/analyzer.rs b/packages/styled-components/transform/src/utils/analyzer.rs
index 5434b219d..373019f98 100644
--- a/packages/styled-components/transform/src/utils/analyzer.rs
+++ b/packages/styled-components/transform/src/utils/analyzer.rs
@@ -111,13 +111,9 @@ impl Visit for Analyzer<'_> {
                                 ModuleExportName::Str(v) => &*v.value,
                             })
                             .unwrap_or(&*s.local.sym);
-                        if imported == "styled" {
-                            self.state.imported_local_name = Some(s.local.to_id());
-                        } else {
-                            self.state
-                                .imported_local_named
-                                .insert(imported.to_string(), s.local.to_id());
-                        }
+                        self.state
+                            .imported_local_named
+                            .insert(imported.to_string(), s.local.to_id());
                     }
                     ImportSpecifier::Default(s) => {
                         self.state.imported_local_name = Some(s.local.to_id());
diff --git a/packages/styled-components/transform/src/utils/mod.rs b/packages/styled-components/transform/src/utils/mod.rs
index 26e24ffe2..b49edc8c8 100644
--- a/packages/styled-components/transform/src/utils/mod.rs
+++ b/packages/styled-components/transform/src/utils/mod.rs
@@ -219,10 +219,19 @@ impl State {
     ) -> Option<Id> {
         if name == "default" {
             if self.imported_local_name.is_some() {
+                // import styled from 'styled-components'
                 self.imported_local_name.clone()
+            } else if let Some(id) = self.imported_local_named.get("default") {
+                // import { default as styled } from 'styled-components'
+                Some(id.clone())
+            } else if let Some(id) = self.imported_local_named.get("styled") {
+                // import { styled } from 'styled-components'
+                Some(id.clone())
             } else if self.imported_local_ns.is_some() {
+                // import * as styled from 'styled-components'
                 self.imported_local_ns.clone()
             } else if self.styled_required.is_some() {
+                // const styled = require('styled-components')
                 Some(("styled".into(), self.unresolved_ctxt.unwrap_or_default()))
             } else {
                 None
@@ -230,8 +239,8 @@ impl State {
         } else {
             if self.imported_local_ns.is_some() {
                 Some((name.into(), Default::default()))
-            } else if self.imported_local_named.contains_key(name) {
-                self.imported_local_named.get(name).cloned()
+            } else if let Some(id) = self.imported_local_named.get(name) {
+                Some(id.clone())
             } else if self.styled_required.is_some() {
                 Some((name.into(), self.unresolved_ctxt.unwrap_or_default()))
             } else {
diff --git a/packages/styled-components/transform/tests/fixtures/.work-with-hoisted-default-as-import/.babelrc b/packages/styled-components/transform/tests/fixtures/.work-with-hoisted-default-as-import/.babelrc
deleted file mode 100644
index 158460ca1..000000000
--- a/packages/styled-components/transform/tests/fixtures/.work-with-hoisted-default-as-import/.babelrc
+++ /dev/null
@@ -1,11 +0,0 @@
-{
-  "plugins": [
-    [
-      "../../../src",
-      {
-        "transpileTemplateLiterals": false,
-        "ssr": true
-      }
-    ]
-  ]
-}
\ No newline at end of file
diff --git a/packages/styled-components/transform/tests/fixtures/.work-with-hoisted-default-as-import/code.js b/packages/styled-components/transform/tests/fixtures/work-with-hoisted-default-as-import/code.js
similarity index 100%
rename from packages/styled-components/transform/tests/fixtures/.work-with-hoisted-default-as-import/code.js
rename to packages/styled-components/transform/tests/fixtures/work-with-hoisted-default-as-import/code.js
diff --git a/packages/styled-components/transform/tests/fixtures/work-with-hoisted-default-as-import/config.json b/packages/styled-components/transform/tests/fixtures/work-with-hoisted-default-as-import/config.json
new file mode 100644
index 000000000..91a67609f
--- /dev/null
+++ b/packages/styled-components/transform/tests/fixtures/work-with-hoisted-default-as-import/config.json
@@ -0,0 +1,4 @@
+{
+  "transpileTemplateLiterals": false,
+  "minify": true
+}
diff --git a/packages/styled-components/transform/tests/fixtures/.work-with-hoisted-default-as-import/output.js b/packages/styled-components/transform/tests/fixtures/work-with-hoisted-default-as-import/output.js
similarity index 61%
rename from packages/styled-components/transform/tests/fixtures/.work-with-hoisted-default-as-import/output.js
rename to packages/styled-components/transform/tests/fixtures/work-with-hoisted-default-as-import/output.js
index 297e05c35..aeb045dea 100644
--- a/packages/styled-components/transform/tests/fixtures/.work-with-hoisted-default-as-import/output.js
+++ b/packages/styled-components/transform/tests/fixtures/work-with-hoisted-default-as-import/output.js
@@ -1,5 +1,5 @@
 const Test = s.div.withConfig({
-  displayName: "code__Test",
-  componentId: "sc-1dds9bl-0"
+    displayName: "code__Test",
+    componentId: "sc-cbecc97b-0"
 })`width:100%;`;
 import { default as s, css } from 'styled-components';
diff --git a/packages/styled-jsx/package.json b/packages/styled-jsx/package.json
index db28613d7..9f5eb96fd 100644
--- a/packages/styled-jsx/package.json
+++ b/packages/styled-jsx/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@swc/plugin-styled-jsx",
-  "version": "1.5.102",
+  "version": "1.5.103",
   "description": "SWC plugin for styled-jsx",
   "main": "swc_plugin_styled_jsx.wasm",
   "scripts": {
diff --git a/packages/styled-jsx/transform/Cargo.toml b/packages/styled-jsx/transform/Cargo.toml
index 8650312eb..6bb8b3d78 100644
--- a/packages/styled-jsx/transform/Cargo.toml
+++ b/packages/styled-jsx/transform/Cargo.toml
@@ -4,7 +4,7 @@ description = "AST transforms visitor for styled-jsx"
 edition = "2021"
 license = "Apache-2.0"
 name = "styled_jsx"
-version = "0.64.0"
+version = "0.65.0"
 
 [features]
 custom_transform = ["swc_common/concurrent"]
diff --git a/packages/swc-magic/package.json b/packages/swc-magic/package.json
index 117666d7a..1382cf184 100644
--- a/packages/swc-magic/package.json
+++ b/packages/swc-magic/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@swc/plugin-swc-magic",
-  "version": "1.5.102",
+  "version": "1.5.103",
   "description": "SWC plugin for swc-magic",
   "main": "swc_plugin_swc_magic.wasm",
   "scripts": {
diff --git a/packages/swc-magic/transform/Cargo.toml b/packages/swc-magic/transform/Cargo.toml
index 1af6f9dbc..2f5e3c17f 100644
--- a/packages/swc-magic/transform/Cargo.toml
+++ b/packages/swc-magic/transform/Cargo.toml
@@ -4,7 +4,7 @@ description = "AST transforms visitor for swc-magic"
 edition = "2021"
 license = "Apache-2.0"
 name = "swc_magic"
-version = "0.10.0"
+version = "0.11.0"
 
 [dependencies]
 serde = { version = "1.0.189", features = ["derive"] }
diff --git a/packages/transform-imports/package.json b/packages/transform-imports/package.json
index 3f9dd02d2..d5c10117d 100644
--- a/packages/transform-imports/package.json
+++ b/packages/transform-imports/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@swc/plugin-transform-imports",
-  "version": "1.5.102",
+  "version": "1.5.103",
   "description": "SWC plugin for https://www.npmjs.com/package/babel-plugin-transform-imports",
   "main": "swc_plugin_transform_imports.wasm",
   "scripts": {
diff --git a/packages/transform-imports/transform/Cargo.toml b/packages/transform-imports/transform/Cargo.toml
index 10dfe2df6..b6d774904 100644
--- a/packages/transform-imports/transform/Cargo.toml
+++ b/packages/transform-imports/transform/Cargo.toml
@@ -5,7 +5,7 @@ edition = "2021"
 license = "Apache-2.0"
 name = "modularize_imports"
 repository = "https://github.com/swc-project/plugins.git"
-version = "0.59.0"
+version = "0.60.0"
 
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html