diff --git a/CHANGELOG.md b/CHANGELOG.md
index f21d4e73..9c5b5e86 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,27 @@
 # Changelog
 
+## v0.17.0
+
+[compare changes](https://github.com/wxt-dev/wxt/compare/v0.16.11...v0.17.0)
+
+### 🚀 Enhancements
+
+- **storage:** ⚠️  Improved support for default values on storage items ([#477](https://github.com/wxt-dev/wxt/pull/477))
+
+### 🩹 Fixes
+
+- **storage:** ⚠️  Only run migrations when the extension is updated ([#478](https://github.com/wxt-dev/wxt/pull/478))
+- Improve dev mode for content scripts registered at runtime ([#474](https://github.com/wxt-dev/wxt/pull/474))
+
+### 📖 Documentation
+
+- **storage:** Update docs ([91fc41c](https://github.com/wxt-dev/wxt/commit/91fc41c))
+
+#### ⚠️ Breaking Changes
+
+- **storage:** ⚠️  Improved support for default values on storage items ([#477](https://github.com/wxt-dev/wxt/pull/477))
+- **storage:** ⚠️  Only run migrations when the extension is updated ([#478](https://github.com/wxt-dev/wxt/pull/478))
+
 ## v0.16.11
 
 [compare changes](https://github.com/wxt-dev/wxt/compare/v0.16.10...v0.16.11)
diff --git a/package.json b/package.json
index e6607552..d19d2569 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "wxt",
   "type": "module",
-  "version": "0.16.11",
+  "version": "0.17.0",
   "description": "Next gen framework for developing web extensions",
   "engines": {
     "node": ">=18",