diff --git a/CHANGELOG.md b/CHANGELOG.md
index ee4ea60c47..e4a9829b1e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,26 @@
 # PowerShell Extension Release History
 
+## v2025.0.0
+### Tuesday, January 21, 2025
+
+With PowerShell Editor Services [v4.2.0](https://github.com/PowerShell/PowerShellEditorServices/releases/tag/v4.2.0)!
+
+New Year Update!
+
+PowerShell 7.4+ and Windows PowerShell 5.1 (on a best-effort basis)
+are now solely supported as 7.3 LTS and 7.2 are past end-of-support.
+
+A major bug due to a Global Assembly Cache conflict with Serilog
+when using Windows PowerShell has been resolved by removing the
+troublesome dependency. This also came with a wonderful logging
+overhaul for both the server and client. Thanks Justin!
+
+Dependencies and VS Code engine have been updated. Snippets fixed.
+Extension settings are now categorized. Additional PowerShell
+executable path verification fixed.
+
+See more details at the GitHub Release for [v2025.0.0](https://github.com/PowerShell/vscode-powershell/releases/tag/v2025.0.0).
+
 ## v2025.1.0-preview
 ### Thursday, January 16, 2025
 
diff --git a/package.json b/package.json
index fc698ded92..59bae72db2 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "powershell",
   "displayName": "PowerShell",
-  "version": "2025.1.0",
+  "version": "2025.0.0",
   "preview": false,
   "publisher": "ms-vscode",
   "description": "Develop PowerShell modules, commands and scripts in Visual Studio Code!",