diff --git a/CHANGELOG.md b/CHANGELOG.md
index bf46ebf0..518843dd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,14 @@
 
 All notable changes to this project will be documented in this file. See [standard-version](https://github.com/conventional-changelog/standard-version) for commit guidelines.
 
+### [0.3.4](https://github.com/rhobs/monitoring-stack-operator/commit/) (2024-07-29)
+
+
+### Bug Fixes
+
+* add support for ConsolePlugin v1 ([#530](https://github.com/rhobs/monitoring-stack-operator/issues/530)) ([dc492f6](https://github.com/rhobs/monitoring-stack-operator/commit/dc492f6fefcbe3a5b3388960c3351d7d75f8ed44))
+* bump obo-prometheus-operator to v0.75.2-rhobs ([#537](https://github.com/rhobs/monitoring-stack-operator/issues/537)) ([386a780](https://github.com/rhobs/monitoring-stack-operator/commit/386a7808b47576f8179c8b0c152d603a7c42e95a))
+
 ### [0.3.3](https://github.com/rhobs/monitoring-stack-operator/commit/) (2024-06-28)
 
 
diff --git a/VERSION b/VERSION
index 87a08711..448a0fa1 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.3.3
\ No newline at end of file
+0.3.4
\ No newline at end of file
diff --git a/bundle/manifests/observability-operator.clusterserviceversion.yaml b/bundle/manifests/observability-operator.clusterserviceversion.yaml
index badac756..d75c74f3 100644
--- a/bundle/manifests/observability-operator.clusterserviceversion.yaml
+++ b/bundle/manifests/observability-operator.clusterserviceversion.yaml
@@ -41,8 +41,8 @@ metadata:
     capabilities: Basic Install
     categories: Monitoring
     certified: "false"
-    containerImage: observability-operator:0.3.3
-    createdAt: "2024-07-29T09:38:02Z"
+    containerImage: observability-operator:0.3.4
+    createdAt: "2024-07-29T15:10:24Z"
     description: A Go based Kubernetes operator to setup and manage highly available
       Monitoring Stack using Prometheus, Alertmanager and Thanos Querier.
     operators.operatorframework.io/builder: operator-sdk-v1.34.1
@@ -53,7 +53,7 @@ metadata:
       ]
     operators.operatorframework.io/project_layout: unknown
     repository: https://github.com/rhobs/observability-operator
-  name: observability-operator.v0.3.3
+  name: observability-operator.v0.3.4
   namespace: placeholder
 spec:
   apiservicedefinitions: {}
@@ -804,7 +804,7 @@ spec:
                   valueFrom:
                     fieldRef:
                       fieldPath: metadata.namespace
-                image: observability-operator:0.3.3
+                image: observability-operator:0.3.4
                 imagePullPolicy: Always
                 livenessProbe:
                   httpGet:
@@ -865,7 +865,7 @@ spec:
   maturity: alpha
   provider:
     name: Red Hat
-  version: 0.3.3
+  version: 0.3.4
   webhookdefinitions:
   - admissionReviewVersions:
     - v1
diff --git a/deploy/olm/kustomization.yaml b/deploy/olm/kustomization.yaml
index 273bec77..d86911c1 100644
--- a/deploy/olm/kustomization.yaml
+++ b/deploy/olm/kustomization.yaml
@@ -12,7 +12,7 @@ resources:
 images:
 - name: observability-operator
   newName: observability-operator
-  newTag: 0.3.3
+  newTag: 0.3.4
 
 patches:
 - patch: |-
diff --git a/deploy/package-operator/operator/kustomization.yaml b/deploy/package-operator/operator/kustomization.yaml
index 1bb3e556..5e016246 100644
--- a/deploy/package-operator/operator/kustomization.yaml
+++ b/deploy/package-operator/operator/kustomization.yaml
@@ -4,7 +4,7 @@ namespace: observability-operator
 images:
 - name: observability-operator
   newName: observability-operator
-  newTag: 0.3.3
+  newTag: 0.3.4
 commonAnnotations:
   package-operator.run/phase: operator
 resources: