diff --git a/CHANGELOG.md b/CHANGELOG.md
index 127a998..23e59bb 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,11 +5,16 @@ All notable changes to this project will be documented in this file.
 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]
+[Unreleased]
+
+Nothing yet.
+
+## [1.8.0] - 2023-01-26
 
 ### Added
 
-- Introduce basic cache functionality
+- Performance improvements (multiple small changes) 
+- Introduce cache functionality
 
 ### Fixed
 
@@ -108,7 +113,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 - Validate type for generic collection fields
 
-[Unreleased]: https://github.com/konradhalas/dacite/compare/v1.7.0...HEAD
+[Unreleased]: https://github.com/konradhalas/dacite/compare/v1.8.0...HEAD
+[1.8.0]: https://github.com/konradhalas/dacite/compare/v1.7.0...v1.8.0
 [1.7.0]: https://github.com/konradhalas/dacite/compare/v1.6.0...v1.7.0
 [1.6.0]: https://github.com/konradhalas/dacite/compare/v1.5.1...v1.6.0
 [1.5.1]: https://github.com/konradhalas/dacite/compare/v1.5.0...v1.5.1
diff --git a/setup.py b/setup.py
index e1efd66..6458bdd 100644
--- a/setup.py
+++ b/setup.py
@@ -2,7 +2,7 @@
 
 setup(
     name="dacite",
-    version="1.7.0",
+    version="1.8.0",
     description="Simple creation of data classes from dictionaries.",
     long_description=open("README.md").read(),
     long_description_content_type="text/markdown",