diff --git a/CHANGELOG.md b/CHANGELOG.md
index 58ffc4b9..6fda972a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,9 @@ Dalli Changelog
 Unreleased
 ==========
 
+5.1.0
+==========
+
 Features:
 
 - Add opaque routing tokens: `:p_token` and `:l_token` request options (#1147)
diff --git a/lib/dalli/version.rb b/lib/dalli/version.rb
index 501feabc..4b201134 100644
--- a/lib/dalli/version.rb
+++ b/lib/dalli/version.rb
@@ -1,7 +1,7 @@
 # frozen_string_literal: true
 
 module Dalli
-  VERSION = '5.0.6'
+  VERSION = '5.1.0'
 
   MIN_SUPPORTED_MEMCACHED_VERSION = '1.6.27'
 end