Prepare for next release
diff --git a/README.md b/README.md
index 5463862..5a11f73 100644
--- a/README.md
+++ b/README.md
@@ -27,6 +27,9 @@
 
 *2.x*
 
+- 2.5.0
+  - Optional formatting of records in traces (thanks to @bartekgorny)
+  - Basic support for OTP-22 in `recon_alloc` (base handling of `foreign_blocks` type)
 - 2.4.0
   - Optional formatting of records in traces (thanks to @bartekgorny)
 - 2.3.6
diff --git a/mix.exs b/mix.exs
index 836cb60..0580395 100644
--- a/mix.exs
+++ b/mix.exs
@@ -5,7 +5,7 @@
     [
       app: :recon,
       description: "Diagnostic tools for production use",
-      version: "2.4.0",
+      version: "2.5.0",
       language: :erlang,
       deps: []
     ]
diff --git a/src/recon.app.src b/src/recon.app.src
index c7cea40..38a2e91 100644
--- a/src/recon.app.src
+++ b/src/recon.app.src
@@ -1,6 +1,6 @@
 {application, recon,
  [{description, "Diagnostic tools for production use"},
-  {vsn, "2.4.0"},
+  {vsn, "2.5.0"},
   {modules, [recon, recon_alloc, recon_lib, recon_trace, recon_rec]},
   {registered, []},
   {applications, [kernel, stdlib]},