diff --git a/CHANGELOG.md b/CHANGELOG.md
index ffb09d8a43..3b1eb550a1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,17 +1,17 @@
 # Changelog
 
-## Unreleased
+## 7.8.0
 
 ### Features
 
 - Add description to OkHttp spans ([#3320](https://github.com/getsentry/sentry-java/pull/3320))
-- Update normalization of metrics keys, tags and values ([#3332](https://github.com/getsentry/sentry-java/pull/3332))
 - Enable backpressure management by default ([#3284](https://github.com/getsentry/sentry-java/pull/3284))
 
 ### Fixes
 
 - Add rate limit to Metrics ([#3334](https://github.com/getsentry/sentry-java/pull/3334))
 - Fix java.lang.ClassNotFoundException: org.springframework.web.servlet.HandlerMapping in Spring Boot Servlet mode without WebMVC ([#3336](https://github.com/getsentry/sentry-java/pull/3336))
+- Fix normalization of metrics keys, tags and values ([#3332](https://github.com/getsentry/sentry-java/pull/3332))
 
 ## 7.7.0
 
diff --git a/gradle.properties b/gradle.properties
index 7f71d3ac6e..cb85c1fd8b 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -10,7 +10,7 @@ android.useAndroidX=true
 android.defaults.buildfeatures.buildconfig=true
 
 # Release information
-versionName=7.7.0
+versionName=7.8.0
 
 # Override the SDK name on native crashes on Android
 sentryAndroidSdkName=sentry.native.android