diff --git a/CHANGELOG.md b/CHANGELOG.md
index c2c28969..89e8786e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,13 @@
 # Version History
 
+## Release v2.5.0
+* `pyenv init -` performance improvements; recommend using `pyenv init - <shell>` by @ChristianFredrikJohnsen in https://github.com/pyenv/pyenv/pull/3136
+* Add miniconda3-24.11.1-0 by @binbjz in https://github.com/pyenv/pyenv/pull/3138
+* Add miniconda3-24.3.0-0 by @native-api in https://github.com/pyenv/pyenv/pull/3139
+* CI: only run macos_build_bundled_dependencies and ubuntu_build_tar_gz for CPython by @native-api in https://github.com/pyenv/pyenv/pull/3141
+* Add miniforge3 and mambaforge3 24.1.2-0, 24.3.0-0, 24.5.0-0, 24.7.1-0, 24.7.1-1, 24.7.1-2, 24.9.0-0, 24.9.2-0, 24.11.0-0, 24.11.0-1 by @native-api in https://github.com/pyenv/pyenv/pull/3142
+* Skip broken miniforge3/mambaforge3 22.11.0-0, 22.11.0-1, 22.11.0-2 in the generation script by @native-api in https://github.com/pyenv/pyenv/pull/3143
+
 ## Release v2.4.23
 * README: explain using multiple versions by @Finkregh in https://github.com/pyenv/pyenv/pull/3126
 * Support PACKAGE_CPPFLAGS and PACKAGE_LDFLAGS by @native-api in https://github.com/pyenv/pyenv/pull/3130
diff --git a/libexec/pyenv---version b/libexec/pyenv---version
index 5b0626ad..5a79601f 100755
--- a/libexec/pyenv---version
+++ b/libexec/pyenv---version
@@ -12,7 +12,7 @@
 set -e
 [ -n "$PYENV_DEBUG" ] && set -x
 
-version="2.4.23"
+version="2.5.0"
 git_revision=""
 
 if cd "${BASH_SOURCE%/*}" 2>/dev/null && git remote -v 2>/dev/null | grep -q pyenv; then