diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7c69b69d6..53e2c0bc7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -9,6 +9,25 @@ Changelog for FrostFS Node
 ### Removed
 ### Updated
 
+## [v0.39.0]
+
+### Added
+- Preliminary erasure coding support (#1065, #1112, #1103, #1120)
+- TTL cache for blobovnicza tree (#1004)
+- Cache for frostfsid and policy contracts (#1117)
+- Writecache path to metric labels (#966)
+- Documentation for authentication mechanisms (#1097, #1104)
+- Metrics for metabase resync status (#1029)
+
+### Changed
+- Speed up metabase resync (#1024)
+
+### Fixed
+- Possible panic in GET_RANGE (#1077)
+
+### Updated
+- Minimum required Go version to 1.21
+
 ## [v0.38.0]
 
 ### Added
diff --git a/VERSION b/VERSION
index 765098dc4..2302e306c 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-v0.38.0
+v0.39.0