diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9c905f1eb23d..3a2a55bf6adb 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,7 +4,9 @@ All notable changes to this project will be documented in this file.
 
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/).
 
-## [3.4] - TBD
+## [3.4] - 2021-11-05
+
+See the [release announcement](https://godotengine.org/article/godot-3-4-is-released) for details.
 
 ### Added
 
@@ -114,6 +116,7 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/).
 #### Localization
 
 - Add support for translating the class reference ([GH-53511](https://github.com/godotengine/godot/pull/53511)).
+  * Includes Chinese (Simplified) and Spanish translations with high completion ratio, and initial translations for French, Japanese, and German.
 - Allow overriding `get_message` with virtual method ([GH-53207](https://github.com/godotengine/godot/pull/53207)).
 
 #### Mono (C#)
diff --git a/version.py b/version.py
index ccbf8e40df7a..834acc8d774d 100644
--- a/version.py
+++ b/version.py
@@ -3,7 +3,7 @@
 major = 3
 minor = 4
 patch = 0
-status = "rc"
+status = "stable"
 module_config = ""
 year = 2021
 website = "https://godotengine.org"