diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 1c2e8d582fa..ef925d9c2d0 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1 +1 @@
-{".":"5.7.0","packages/phoenix-evals":"0.17.3","packages/phoenix-otel":"0.6.1"}
+{".":"5.8.0","packages/phoenix-evals":"0.17.3","packages/phoenix-otel":"0.6.1"}
diff --git a/CHANGELOG.md b/CHANGELOG.md
index a7ab87d0026..c270886b755 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,18 @@
 # Changelog
 
+## [5.8.0](https://github.com/Arize-ai/phoenix/compare/arize-phoenix-v5.7.0...arize-phoenix-v5.8.0) (2024-11-09)
+
+
+### Features
+
+* Add empty state, helper tooltips, when provider clients are not installed in Playground ([#5291](https://github.com/Arize-ai/phoenix/issues/5291)) ([6c33152](https://github.com/Arize-ai/phoenix/commit/6c33152acda24f11bdeac2c56b4c8492e5591e8e))
+* Add env var configuration for grpc interceptor extensions ([#5280](https://github.com/Arize-ai/phoenix/issues/5280)) ([6295586](https://github.com/Arize-ai/phoenix/commit/6295586bb75739b5231aa227c48590f3cd173143))
+* Add rate limiters to playground clients ([#5289](https://github.com/Arize-ai/phoenix/issues/5289)) ([0efb9f3](https://github.com/Arize-ai/phoenix/commit/0efb9f34acafc57b6864d74538f190a205427a29))
+* **playground:** add dataset selector and dataset examples table to playground ([#5297](https://github.com/Arize-ai/phoenix/issues/5297)) ([e403b90](https://github.com/Arize-ai/phoenix/commit/e403b90d766c09c6455f657359f302a266d2dd1d))
+* **playground:** add non streaming option to ui ([#5250](https://github.com/Arize-ai/phoenix/issues/5250)) ([5f6976c](https://github.com/Arize-ai/phoenix/commit/5f6976ca5b0f85d797a3055e9a52823a1d529758))
+* Support playground anthropic tool calls ([#5296](https://github.com/Arize-ai/phoenix/issues/5296)) ([b6e7499](https://github.com/Arize-ai/phoenix/commit/b6e74999a13d9428063ad73955a1df7a3390f616))
+* Support Response Format in Playground ([#5259](https://github.com/Arize-ai/phoenix/issues/5259)) ([d2ff57a](https://github.com/Arize-ai/phoenix/commit/d2ff57a1952ee0f62e155eb46893ba6fb45f5d6f))
+
 ## [5.7.0](https://github.com/Arize-ai/phoenix/compare/arize-phoenix-v5.6.0...arize-phoenix-v5.7.0) (2024-11-06)
 
 
diff --git a/src/phoenix/version.py b/src/phoenix/version.py
index 7f4ce2d4c31..e0b75277174 100644
--- a/src/phoenix/version.py
+++ b/src/phoenix/version.py
@@ -1 +1 @@
-__version__ = "5.7.0"
+__version__ = "5.8.0"