diff --git a/CHANGELOG.md b/CHANGELOG.md
index cd1119064..224bebb58 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,7 @@
 # Unreleased
 
+# 4.8.0
+
 * Introduce `sadd?` and `srem?` as boolean returning versions of `sadd` and `srem`.
 * Deprecate `sadd` and `srem` returning a boolean when called with a single argument.
   To enable the redis 5.0 behavior you can set `Redis.sadd_returns_boolean = true`.
diff --git a/lib/redis/version.rb b/lib/redis/version.rb
index 9f1b99e24..b0cbed457 100644
--- a/lib/redis/version.rb
+++ b/lib/redis/version.rb
@@ -1,5 +1,5 @@
 # frozen_string_literal: true
 
 class Redis
-  VERSION = '4.7.1'
+  VERSION = '4.8.0'
 end