diff --git a/.release-plan.json b/.release-plan.json
index 4d037b880..35bf4ec6f 100644
--- a/.release-plan.json
+++ b/.release-plan.json
@@ -13,10 +13,28 @@
       "oldVersion": "1.0.1"
     },
     "@embroider/compat": {
-      "oldVersion": "3.7.1"
+      "impact": "minor",
+      "oldVersion": "3.7.1",
+      "newVersion": "3.8.0",
+      "constraints": [
+        {
+          "impact": "minor",
+          "reason": "Appears in changelog section :rocket: Enhancement"
+        }
+      ],
+      "pkgJSONPath": "./packages/compat/package.json"
     },
     "@embroider/core": {
-      "oldVersion": "3.4.20"
+      "impact": "minor",
+      "oldVersion": "3.4.20",
+      "newVersion": "3.5.0",
+      "constraints": [
+        {
+          "impact": "minor",
+          "reason": "Appears in changelog section :rocket: Enhancement"
+        }
+      ],
+      "pkgJSONPath": "./packages/core/package.json"
     },
     "@embroider/hbs-loader": {
       "oldVersion": "3.0.3"
@@ -43,17 +61,8 @@
       "oldVersion": "0.2.1"
     },
     "@embroider/webpack": {
-      "impact": "patch",
-      "oldVersion": "4.0.8",
-      "newVersion": "4.0.9",
-      "constraints": [
-        {
-          "impact": "patch",
-          "reason": "Appears in changelog section :bug: Bug Fix"
-        }
-      ],
-      "pkgJSONPath": "./packages/webpack/package.json"
+      "oldVersion": "4.0.9"
     }
   },
-  "description": "## Release (2024-12-20)\n\n@embroider/webpack 4.0.9 (patch)\n\n#### :bug: Bug Fix\n* `@embroider/webpack`\n  * [#2220](https://github.com/embroider-build/embroider/pull/2220) Set MiniCssExtractPlugin ignoreOrder to true for default config ([@lfloyd117](https://github.com/lfloyd117))\n\n#### Committers: 1\n- Liam Floyd ([@lfloyd117](https://github.com/lfloyd117))\n"
+  "description": "## Release (2025-01-07)\n\n@embroider/compat 3.8.0 (minor)\n@embroider/core 3.5.0 (minor)\n\n#### :rocket: Enhancement\n* `@embroider/compat`, `@embroider/core`, `@embroider/test-scenarios`\n  * [#2210](https://github.com/embroider-build/embroider/pull/2210) Deprecate staticHelpers, staticModifiers, and staticComponents in favour of staticInvokables  ([@mansona](https://github.com/mansona))\n\n#### Committers: 1\n- Chris Manson ([@mansona](https://github.com/mansona))\n"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3c89c444a..81957c361 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,17 @@
 # Embroider Changelog
 
+## Release (2025-01-07)
+
+@embroider/compat 3.8.0 (minor)
+@embroider/core 3.5.0 (minor)
+
+#### :rocket: Enhancement
+* `@embroider/compat`, `@embroider/core`, `@embroider/test-scenarios`
+  * [#2210](https://github.com/embroider-build/embroider/pull/2210) Deprecate staticHelpers, staticModifiers, and staticComponents in favour of staticInvokables  ([@mansona](https://github.com/mansona))
+
+#### Committers: 1
+- Chris Manson ([@mansona](https://github.com/mansona))
+
 ## Release (2024-12-20)
 
 @embroider/webpack 4.0.9 (patch)
diff --git a/packages/compat/package.json b/packages/compat/package.json
index bffcd4a71..fef54a054 100644
--- a/packages/compat/package.json
+++ b/packages/compat/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@embroider/compat",
-  "version": "3.7.1",
+  "version": "3.8.0",
   "private": false,
   "description": "Backward compatibility layer for the Embroider build system.",
   "repository": {
diff --git a/packages/core/package.json b/packages/core/package.json
index e98ea0464..7dff43f51 100644
--- a/packages/core/package.json
+++ b/packages/core/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@embroider/core",
-  "version": "3.4.20",
+  "version": "3.5.0",
   "private": false,
   "description": "A build system for EmberJS applications.",
   "repository": {