diff --git a/Cargo.toml b/Cargo.toml
index 535c1a4e..4590d455 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "indexmap"
 edition = "2021"
-version = "2.4.0"
+version = "2.5.0"
 documentation = "https://docs.rs/indexmap/"
 repository = "https://github.com/indexmap-rs/indexmap"
 license = "Apache-2.0 OR MIT"
diff --git a/RELEASES.md b/RELEASES.md
index daf4493e..bfe8ce83 100644
--- a/RELEASES.md
+++ b/RELEASES.md
@@ -1,5 +1,12 @@
 # Releases
 
+## 2.5.0
+
+- Added an `insert_before` method to `IndexMap` and `IndexSet`, as an
+  alternative to `shift_insert` with different behavior on existing entries.
+- Added `first_entry` and `last_entry` methods to `IndexMap`.
+- Added `From` implementations between `IndexedEntry` and `OccupiedEntry`.
+
 ## 2.4.0
 
 - Added methods `IndexMap::append` and `IndexSet::append`, moving all items from