diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index b348c21d628b0..0f7310dd0ca10 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,4 +1,4 @@
 {
-  ".": "3.4.0",
+  ".": "3.5.0",
   "operator": "0.7.1"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1e6d5701d4257..2f28cf4ae00ba 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [3.5.0](https://github.com/grafana/loki/compare/v3.4.0...v3.5.0) (2025-02-24)
+
+
+### Features
+
+* add a config option for custom GCS endpoints (backport k239) ([#16420](https://github.com/grafana/loki/issues/16420)) ([b84f3e4](https://github.com/grafana/loki/commit/b84f3e4544d084b92200a90cb3e28f26f9db85f4))
+
 ## [3.4.0](https://github.com/grafana/loki/compare/v3.3.0...v3.4.0) (2025-02-12)