diff --git a/.github/workflows/build-binaries.yml b/.github/workflows/build-binaries.yml
index 819dfa95721c..e1b0d58c6ad1 100644
--- a/.github/workflows/build-binaries.yml
+++ b/.github/workflows/build-binaries.yml
@@ -577,6 +577,7 @@ jobs:
           - target: powerpc64le-unknown-linux-musl
             arch: ppc64le
             toolchain: nightly
+      fail-fast: false
 
     steps:
       - uses: actions/checkout@v4
@@ -592,7 +593,7 @@ jobs:
         with:
           target: ${{ matrix.platform.target }}
           manylinux: musllinux_1_1
-          args: --release --locked --out dist --features self-update ${{ matrix.platform.arch == 'aarch64' && '--compatibility 2_17' || ''}}
+          args: ${{ matrix.platform.arch == 'ppc64le' && '--profile release-no-lto' || '--release'}} --locked --out dist --features self-update ${{ matrix.platform.arch == 'aarch64' && '--compatibility 2_17' || ''}}
           docker-options: ${{ matrix.platform.maturin_docker_options }}
           rust-toolchain: ${{ matrix.platform.toolchain || 'stable' }}
       - uses: uraimo/run-on-arch-action@v2
@@ -636,10 +637,11 @@ jobs:
           TARGET=${{ matrix.platform.target }}
           ARCHIVE_NAME=uv-$TARGET
           ARCHIVE_FILE=$ARCHIVE_NAME.tar.gz
+          PROFILE="${{ matrix.platform.arch == 'ppc64le' && 'release-no-lto' || 'release' }}"
 
           mkdir -p $ARCHIVE_NAME
-          cp target/$TARGET/release/uv $ARCHIVE_NAME/uv
-          cp target/$TARGET/release/uvx $ARCHIVE_NAME/uvx
+          cp target/$TARGET/$PROFILE/uv $ARCHIVE_NAME/uv
+          cp target/$TARGET/$PROFILE/uvx $ARCHIVE_NAME/uvx
           tar czvf $ARCHIVE_FILE $ARCHIVE_NAME
           shasum -a 256 $ARCHIVE_FILE > $ARCHIVE_FILE.sha256
       - name: "Upload binary"
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0f6b5c6de620..c0c8c8bd99a1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,33 @@
 # Changelog
 
+## 0.2.35
+
+### Enhancements
+
+### CLI
+
+- Deprecate `--system` and `--no-system` in `uv venv` ([#5925](https://github.com/astral-sh/uv/pull/5925))
+- Make `--upgrade` imply `--refresh` ([#5943](https://github.com/astral-sh/uv/pull/5943))
+- Warn when there are missing bounds on transitive dependencies with `--resolution-strategy lowest` ([#5953](https://github.com/astral-sh/uv/pull/5953))
+
+### Configuration
+
+- Add support for `no-build-isolation-package` ([#5894](https://github.com/astral-sh/uv/pull/5894))
+
+### Performance
+
+- Enable LTO optimizations in release builds to reduce binary size ([#5904](https://github.com/astral-sh/uv/pull/5904))
+- Prefetch metadata in `--no-deps` mode ([#5918](https://github.com/astral-sh/uv/pull/5918))
+
+### Bug fixes
+
+- Display portable paths in POSIX virtual environment activation commands ([#5956](https://github.com/astral-sh/uv/pull/5956))
+- Respect subdirectories when locating Git workspaces ([#5944](https://github.com/astral-sh/uv/pull/5944))
+
+### Documentation
+
+- Improve the `uv venv` CLI documentation ([#5963](https://github.com/astral-sh/uv/pull/5963))
+
 ## 0.2.34
 
 ### Enhancements
@@ -1779,3 +1807,4 @@ pass the `--native-tls` command-line flag to enable this behavior.
 - Fix diagram alignment ([#1354](https://github.com/astral-sh/uv/pull/1354))
 - Grammar nit ([#1345](https://github.com/astral-sh/uv/pull/1345))
 <!-- prettier-ignore-end -->
+
diff --git a/Cargo.lock b/Cargo.lock
index 9423dbd38261..5c9e779c207e 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4464,7 +4464,7 @@ checksum = "81dfa00651efa65069b0b6b651f4aaa31ba9e3c3ce0137aaad053604ee7e0314"
 
 [[package]]
 name = "uv"
-version = "0.2.34"
+version = "0.2.35"
 dependencies = [
  "anstream",
  "anyhow",
@@ -5206,7 +5206,7 @@ dependencies = [
 
 [[package]]
 name = "uv-version"
-version = "0.2.34"
+version = "0.2.35"
 
 [[package]]
 name = "uv-virtualenv"
diff --git a/Cargo.toml b/Cargo.toml
index 1da88e1e21fe..87d43c895785 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -210,6 +210,11 @@ rest_pat_in_fully_bound_structs = "warn"
 strip = true
 lto = "fat"
 
+# This profile disables LTO and is used for ppc64le musl cross builds which fail otherwise
+[profile.release-no-lto]
+inherits = "release"
+lto = false
+
 # This profile is meant to mimic the `release` profile as closely as
 # possible, but using settings that are more beneficial for iterative
 # development. That is, the `release` profile is intended for actually
diff --git a/PREVIEW-CHANGELOG.md b/PREVIEW-CHANGELOG.md
index 2bba03b405b7..0adc3b0208c3 100644
--- a/PREVIEW-CHANGELOG.md
+++ b/PREVIEW-CHANGELOG.md
@@ -1,5 +1,42 @@
 # Changelog
 
+## 0.2.35
+
+### Preview features
+
+- Add CLI flags to reference documentation ([#5926](https://github.com/astral-sh/uv/pull/5926))
+- Add `update` alias for `uv tool upgrade` ([#5948](https://github.com/astral-sh/uv/pull/5948))
+- Add caveat about pip interface name ([#5940](https://github.com/astral-sh/uv/pull/5940))
+- Add hint for long help to `uvx` ([#5971](https://github.com/astral-sh/uv/pull/5971))
+- Avoid requires-python warning in virtual-only workspace ([#5895](https://github.com/astral-sh/uv/pull/5895))
+- Discard forks when using `--upgrade` ([#5905](https://github.com/astral-sh/uv/pull/5905))
+- Document the `tool upgrade` command ([#5947](https://github.com/astral-sh/uv/pull/5947))
+- Document virtual environment discovery ([#5965](https://github.com/astral-sh/uv/pull/5965))
+- Enable mirror for `python-build-standalone` downloads ([#5719](https://github.com/astral-sh/uv/pull/5719))
+- Fix reuse of Git commits in lockfile ([#5908](https://github.com/astral-sh/uv/pull/5908))
+- Ignore local configuration in tool commands ([#5923](https://github.com/astral-sh/uv/pull/5923))
+- Improve the CLI documentation for `uv add` ([#5914](https://github.com/astral-sh/uv/pull/5914))
+- Improve the CLI documentation for `uv remove` ([#5916](https://github.com/astral-sh/uv/pull/5916))
+- Improve the `uv lock` CLI documentation ([#5932](https://github.com/astral-sh/uv/pull/5932))
+- Improve the `uv python` CLI documentation ([#5961](https://github.com/astral-sh/uv/pull/5961))
+- Improve the `uv sync` CLI documentation ([#5930](https://github.com/astral-sh/uv/pull/5930))
+- Improve the `uv tree` CLI documentation ([#5917](https://github.com/astral-sh/uv/pull/5917))
+- Fix link to tools concept page ([#5906](https://github.com/astral-sh/uv/pull/5906))
+- Add `uv tool upgrade` command ([#5197](https://github.com/astral-sh/uv/pull/5197))
+- Implement marker trees using algebraic decision diagrams ([#5898](https://github.com/astral-sh/uv/pull/5898))
+- Make repeated `uv add` operations simpler ([#5922](https://github.com/astral-sh/uv/pull/5922))
+- Move some documents to relevant sections ([#5968](https://github.com/astral-sh/uv/pull/5968))
+- Rename `distribution` to `packages` in lockfile ([#5861](https://github.com/astral-sh/uv/pull/5861))
+- Respect `--upgrade-package` in tool install ([#5941](https://github.com/astral-sh/uv/pull/5941))
+- Respect `--upgrade-package` when resolving from lockfile ([#5907](https://github.com/astral-sh/uv/pull/5907))
+- Retain and respect settings in tool upgrades ([#5937](https://github.com/astral-sh/uv/pull/5937))
+- Search beyond workspace root when discovering configuration ([#5931](https://github.com/astral-sh/uv/pull/5931))
+- Show build and install summaries in `uv run` and `uv tool run` ([#5899](https://github.com/astral-sh/uv/pull/5899))
+- Support relative path wheels ([#5969](https://github.com/astral-sh/uv/pull/5969))
+- Update the interface for declaring Python download preferences ([#5936](https://github.com/astral-sh/uv/pull/5936))
+- Use cached environments for `--with` layers ([#5897](https://github.com/astral-sh/uv/pull/5897))
+- Warn when project-specific settings are passed to non-project `uv run` commands ([#5977](https://github.com/astral-sh/uv/pull/5977))
+
 ## 0.2.34
 
 ### Preview features
diff --git a/README.md b/README.md
index 8709d82b21aa..baf293c551d1 100644
--- a/README.md
+++ b/README.md
@@ -54,8 +54,8 @@ curl -LsSf https://astral.sh/uv/install.sh | sh
 powershell -c "irm https://astral.sh/uv/install.ps1 | iex"
 
 # For a specific version.
-curl -LsSf https://astral.sh/uv/0.2.34/install.sh | sh
-powershell -c "irm https://astral.sh/uv/0.2.34/install.ps1 | iex"
+curl -LsSf https://astral.sh/uv/0.2.35/install.sh | sh
+powershell -c "irm https://astral.sh/uv/0.2.35/install.ps1 | iex"
 
 # With pip.
 pip install uv
diff --git a/crates/uv-version/Cargo.toml b/crates/uv-version/Cargo.toml
index 335d17fc7bea..a6c4035c86cb 100644
--- a/crates/uv-version/Cargo.toml
+++ b/crates/uv-version/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "uv-version"
-version = "0.2.34"
+version = "0.2.35"
 edition = { workspace = true }
 rust-version = { workspace = true }
 homepage = { workspace = true }
diff --git a/crates/uv/Cargo.toml b/crates/uv/Cargo.toml
index a2858c454386..fc20c539bb12 100644
--- a/crates/uv/Cargo.toml
+++ b/crates/uv/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "uv"
-version = "0.2.34"
+version = "0.2.35"
 edition = { workspace = true }
 rust-version = { workspace = true }
 homepage = { workspace = true }
diff --git a/docs/guides/integration/pre-commit.md b/docs/guides/integration/pre-commit.md
index e92eb2dab560..77c3cfe85e7d 100644
--- a/docs/guides/integration/pre-commit.md
+++ b/docs/guides/integration/pre-commit.md
@@ -8,7 +8,7 @@ To compile requirements via pre-commit, add the following to the `.pre-commit-co
 ```yaml title=".pre-commit-config.yaml"
 - repo: https://github.com/astral-sh/uv-pre-commit
   # uv version.
-  rev: 0.2.34
+  rev: 0.2.35
   hooks:
     # Compile requirements
     - id: pip-compile
@@ -20,7 +20,7 @@ To compile alternative files, modify `args` and `files`:
 ```yaml title=".pre-commit-config.yaml"
 - repo: https://github.com/astral-sh/uv-pre-commit
   # uv version.
-  rev: 0.2.34
+  rev: 0.2.35
   hooks:
     # Compile requirements
     - id: pip-compile
@@ -33,7 +33,7 @@ To run the hook over multiple files at the same time:
 ```yaml title=".pre-commit-config.yaml"
 - repo: https://github.com/astral-sh/uv-pre-commit
   # uv version.
-  rev: 0.2.34
+  rev: 0.2.35
   hooks:
     # Compile requirements
     - id: pip-compile
diff --git a/pyproject.toml b/pyproject.toml
index 7b603f0cfdf3..50025b21ee27 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "maturin"
 
 [project]
 name = "uv"
-version = "0.2.34"
+version = "0.2.35"
 description = "An extremely fast Python package installer and resolver, written in Rust."
 authors = [{ name = "Astral Software Inc.", email = "hey@astral.sh" }]
 requires-python = ">=3.8"