diff --git a/changelog.md b/changelog.md
index 8551bac2c..fd18f8e59 100644
--- a/changelog.md
+++ b/changelog.md
@@ -4,7 +4,7 @@ This file contains all the notable changes done to the Ballerina Persist Tools t
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
-## Unreleased
+## [1.8.0] - 2025-01-07
 
 ### Added
 
diff --git a/gradle.properties b/gradle.properties
index 3644e1298..449bc252d 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,6 +1,6 @@
 org.gradle.caching=true
 group=io.ballerina
-version=1.8.0-SNAPSHOT
+version=1.8.1-SNAPSHOT
 
 # Java Dependencies
 ballerinaLangVersion=2201.13.0
diff --git a/persist-tool/BalTool.toml b/persist-tool/BalTool.toml
index 4d2fe57fa..411e63bae 100644
--- a/persist-tool/BalTool.toml
+++ b/persist-tool/BalTool.toml
@@ -2,7 +2,7 @@
 id = "persist"
 
 [[dependency]]
-path = "../persist-cli/build/libs/persist-cli-1.8.0-SNAPSHOT.jar"
+path = "../persist-cli/build/libs/persist-cli-1.8.0.jar"
 
 [[dependency]]
-path = "../persist-core/build/libs/persist-core-1.8.0-SNAPSHOT.jar"
+path = "../persist-core/build/libs/persist-core-1.8.0.jar"