diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9950ae39..12e890ff 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,15 +1,25 @@
 # Change Log
 
 ## Next Version
+
+## 2.39.0
+
 ### Added
 
 - Support Artifact Bundle #1388 @freddi-kit
+- Added support for `.xcstrings` String Catalogs #1421 @nicolasbosi95
+- Added default `LD_RUNPATH_SEARCH_PATHS` for visionOS #1444 @Dahlgren
+- Added `watchOS` as a supported cross platform destination #1438 @tatsuky
 
-### Added
-
-- Added support for String Catalogs (`.xcstrings`) #1421 @nicolasbosi95
+### Fixed
 
 - Fixed custom local package groups not being created #1416 @JaapManenschijn
+- Fixed spec validation error type #1439 @Lutzifer
+- Create parent group for local package groups if it does not exist already #1417 @JaapManenschijn
+
+### Internal
+
+- Updated Rainbow version #1424 @nysander
 
 ## 2.38.0
 
diff --git a/Makefile b/Makefile
index 959be62a..1c30de3c 100644
--- a/Makefile
+++ b/Makefile
@@ -1,6 +1,6 @@
 TOOL_NAME = XcodeGen
 export EXECUTABLE_NAME = xcodegen
-VERSION = 2.38.0
+VERSION = 2.39.0
 
 PREFIX = /usr/local
 INSTALL_PATH = $(PREFIX)/bin/$(EXECUTABLE_NAME)
diff --git a/README.md b/README.md
index 76a3b2af..ab45ff27 100644
--- a/README.md
+++ b/README.md
@@ -113,7 +113,7 @@ swift run xcodegen
 Add the following to your Package.swift file's dependencies:
 
 ```swift
-.package(url: "https://github.com/yonaskolb/XcodeGen.git", from: "2.38.0"),
+.package(url: "https://github.com/yonaskolb/XcodeGen.git", from: "2.39.0"),
 ```
 
 And then import wherever needed: `import XcodeGenKit`
diff --git a/Sources/XcodeGen/main.swift b/Sources/XcodeGen/main.swift
index d52d89cc..b9d72d5b 100644
--- a/Sources/XcodeGen/main.swift
+++ b/Sources/XcodeGen/main.swift
@@ -3,6 +3,6 @@ import ProjectSpec
 import XcodeGenCLI
 import Version
 
-let version = Version("2.38.0")
+let version = Version("2.39.0")
 let cli = XcodeGenCLI(version: version)
 cli.execute()