diff --git a/Cargo.lock b/Cargo.lock
index 1c2be23c4b7..04d9254b9e5 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2509,7 +2509,7 @@ checksum = "b4668fb0ea861c1df094127ac5f1da3409a82116a4ba74fca2e58ef927159bb3"
 
 [[package]]
 name = "libp2p"
-version = "0.52.3"
+version = "0.52.4"
 dependencies = [
  "async-std",
  "async-trait",
@@ -3188,7 +3188,7 @@ dependencies = [
 
 [[package]]
 name = "libp2p-swarm"
-version = "0.43.3"
+version = "0.43.4"
 dependencies = [
  "async-std",
  "either",
diff --git a/Cargo.toml b/Cargo.toml
index 97c8c10adfa..8c3d84d0501 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -64,7 +64,7 @@ resolver = "2"
 rust-version = "1.65.0"
 
 [workspace.dependencies]
-libp2p = { version = "0.52.3", path = "libp2p" }
+libp2p = { version = "0.52.4", path = "libp2p" }
 libp2p-allow-block-list = { version = "0.2.0", path = "misc/allow-block-list" }
 libp2p-autonat = { version = "0.11.0", path = "protocols/autonat" }
 libp2p-connection-limits = { version = "0.2.1", path = "misc/connection-limits" }
@@ -92,7 +92,7 @@ libp2p-relay = { version = "0.16.1", path = "protocols/relay" }
 libp2p-rendezvous = { version = "0.13.0", path = "protocols/rendezvous" }
 libp2p-request-response = { version = "0.25.1", path = "protocols/request-response" }
 libp2p-server = { version = "0.12.2", path = "misc/server" }
-libp2p-swarm = { version = "0.43.3", path = "swarm" }
+libp2p-swarm = { version = "0.43.4", path = "swarm" }
 libp2p-swarm-derive = { version = "0.33.0", path = "swarm-derive" }
 libp2p-swarm-test = { version = "0.2.0", path = "swarm-test" }
 libp2p-tcp = { version = "0.40.0", path = "transports/tcp" }
diff --git a/libp2p/CHANGELOG.md b/libp2p/CHANGELOG.md
index 414c11058cb..11075907720 100644
--- a/libp2p/CHANGELOG.md
+++ b/libp2p/CHANGELOG.md
@@ -1,3 +1,12 @@
+## 0.52.4
+
+- Introduce the new `libp2p::SwarmBuilder`.
+  Users should use the new `libp2p::SwarmBuilder` instead of the now deprecated `libp2p::swarm::SwarmBuilder`.
+  See `libp2p::SwarmBuilder` docs on how to use the new builder.
+  Also see [PR 4120].
+
+[PR 4120]: https://github.com/libp2p/rust-libp2p/pull/4120
+
 ## 0.52.3
 
 - Add `libp2p-quic` stable release.
diff --git a/libp2p/Cargo.toml b/libp2p/Cargo.toml
index 5c68dc69517..df9f7f64a7b 100644
--- a/libp2p/Cargo.toml
+++ b/libp2p/Cargo.toml
@@ -3,7 +3,7 @@ name = "libp2p"
 edition = "2021"
 rust-version = { workspace = true }
 description = "Peer-to-peer networking library"
-version = "0.52.3"
+version = "0.52.4"
 authors = ["Parity Technologies <admin@parity.io>"]
 license = "MIT"
 repository = "https://github.com/libp2p/rust-libp2p"
diff --git a/swarm/CHANGELOG.md b/swarm/CHANGELOG.md
index 37a5cbc6157..613567980d8 100644
--- a/swarm/CHANGELOG.md
+++ b/swarm/CHANGELOG.md
@@ -1,3 +1,12 @@
+## 0.43.4 - unreleased
+
+- Deprecate old `libp2p::swarm::SwarmBuilder`.
+  Most users should use the new `libp2p::SwarmBuilder`.
+  In some special cases, users may need to use `Swarm::new_with_config` and `SwarmConfig` instead of the new `libp2p::SwarmBuilder`.
+  See [PR 4120].
+
+[PR 4120]: https://github.com/libp2p/rust-libp2p/pull/4120
+
 ## 0.43.3
 
 - Implement `Display` for `ConnectionId`.
diff --git a/swarm/Cargo.toml b/swarm/Cargo.toml
index c2b959eea01..b739aa8dabb 100644
--- a/swarm/Cargo.toml
+++ b/swarm/Cargo.toml
@@ -3,7 +3,7 @@ name = "libp2p-swarm"
 edition = "2021"
 rust-version = { workspace = true }
 description = "The libp2p swarm"
-version = "0.43.3"
+version = "0.43.4"
 authors = ["Parity Technologies <admin@parity.io>"]
 license = "MIT"
 repository = "https://github.com/libp2p/rust-libp2p"