diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0beea4989279..70c05b01e9f9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,14 +1,14 @@
 # Svelte changelog
 
-## Unreleased
+## 3.49.0
 
-* Faster SSR ([#5701](https://github.com/sveltejs/svelte/pull/5701))
-* Fix `class:` directive updates with `<svelte:element>` ([#7521](https://github.com/sveltejs/svelte/issues/7521), [#7571](https://github.com/sveltejs/svelte/issues/7571))
-* Harden attribute escaping during ssr ([#7530](https://github.com/sveltejs/svelte/pull/7530))
+* Improve performance of string escaping during SSR ([#5701](https://github.com/sveltejs/svelte/pull/5701))
 * Add `ComponentType` and `ComponentProps` convenience types ([#6770](https://github.com/sveltejs/svelte/pull/6770))
-* Fix empty component not properly destroyed ([#7488](https://github.com/sveltejs/svelte/issues/7488))
-* Add CSS at-rule `@layer` support ([#7504](https://github.com/sveltejs/svelte/issues/7504))
+* Add support for CSS `@layer` ([#7504](https://github.com/sveltejs/svelte/issues/7504))
 * Export `CompileOptions` from `svelte/compiler` ([#7658](https://github.com/sveltejs/svelte/pull/7658))
+* Fix DOM-less components not being properly destroyed ([#7488](https://github.com/sveltejs/svelte/issues/7488))
+* Fix `class:` directive updates with `<svelte:element>` ([#7521](https://github.com/sveltejs/svelte/issues/7521), [#7571](https://github.com/sveltejs/svelte/issues/7571))
+* Harden attribute escaping during SSR ([#7530](https://github.com/sveltejs/svelte/pull/7530))
 
 ## 3.48.0
 
diff --git a/package-lock.json b/package-lock.json
index 83d963b827ec..38abdfc3306f 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "svelte",
-  "version": "3.48.0",
+  "version": "3.49.0",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "svelte",
-      "version": "3.48.0",
+      "version": "3.49.0",
       "license": "MIT",
       "devDependencies": {
         "@ampproject/remapping": "^0.3.0",
diff --git a/package.json b/package.json
index a1c9ae9a5d92..de712b9bab94 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "svelte",
-  "version": "3.48.0",
+  "version": "3.49.0",
   "description": "Cybernetically enhanced web apps",
   "module": "index.mjs",
   "main": "index",