@Bhanuares This depends a lot on your security controls in the company. Common practice is to be one version back from the latest but that isn't a requirement.
I would look through the server release notes to check if there are any special considerations to be made going from 2023.2 to 2025.1, off the top of my head there isn't a ton but you would have to check on a few things. Python environment, Tableau tools, DCM stuff. I have pasted the link below for the release notes so you can check on each one between 2023.2 and the version you want to verify any considerations.
https://help.alteryx.com/release-notes/en/release-notes/server-release-notes.html
Bacon
