diff --git a/CHANGELOG b/CHANGELOG
index f24be680c2d..4c11cd39cf8 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -1,3 +1,9 @@
+v1.7.8
+  Version 1.7.8
+
+  Bugfix release
+  - Convert '$' in method name to '_' ([#616](https://github.com/googleapis/google-api-python-client/pull/616))
+  - Alias unitest2 import as unittest in test__auth.py ([#613](https://github.com/googleapis/google-api-python-client/pull/613))
 
 v1.7.7
   Version 1.7.7
diff --git a/googleapiclient/__init__.py b/googleapiclient/__init__.py
index a715f651c89..ee986d294d1 100644
--- a/googleapiclient/__init__.py
+++ b/googleapiclient/__init__.py
@@ -12,7 +12,7 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-__version__ = "1.7.7"
+__version__ = "1.7.8"
 
 # Set default logging handler to avoid "No handler found" warnings.
 import logging