diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1b83671f..8397e40d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,7 +1,7 @@
 FlatLaf Change Log
 ==================
 
-## Unreleased
+## 0.38
 
 - Hide focus indicator when window is inactive.
 - Custom window decorations: Improved/fixed window border color in dark themes.
diff --git a/build.gradle.kts b/build.gradle.kts
index b9fad16f..2e4f606b 100644
--- a/build.gradle.kts
+++ b/build.gradle.kts
@@ -14,8 +14,8 @@
  * limitations under the License.
  */
 
-val releaseVersion = "0.37"
-val developmentVersion = "0.38-SNAPSHOT"
+val releaseVersion = "0.38"
+val developmentVersion = "0.39-SNAPSHOT"
 
 version = if( java.lang.Boolean.getBoolean( "release" ) ) releaseVersion else developmentVersion