diff --git a/docs/gitbook/python/changelog.md b/docs/gitbook/python/changelog.md
index a610c5e725..f7a97d5568 100644
--- a/docs/gitbook/python/changelog.md
+++ b/docs/gitbook/python/changelog.md
@@ -2,6 +2,13 @@
 
 <!--next-version-placeholder-->
 
+## v2.7.4 (2024-04-26)
+### Fix
+* **redis-connection:** Increase redis retry strategy backoff (#2546) [python] ([`6cf7712`](https://github.com/taskforcesh/bullmq/commit/6cf77122da845e5b0afa1607348cf06602679329))
+
+### Documentation
+* **queue:** Minor styling changes for consistency ([#2541](https://github.com/taskforcesh/bullmq/issues/2541)) ([`a7a7f4f`](https://github.com/taskforcesh/bullmq/commit/a7a7f4f34b147490a713d8b4cef7c6941f3f3eed))
+
 ## v2.7.3 (2024-04-24)
 ### Fix
 * **stalled:** Consider ignoreDependencyOnFailure option (python) (#2540) fixes #2531 ([`0140959`](https://github.com/taskforcesh/bullmq/commit/0140959cabd2613794631e41ebe4c2ddee6f91da))
diff --git a/python/bullmq/__init__.py b/python/bullmq/__init__.py
index 45dd6db458..04638f5f7b 100644
--- a/python/bullmq/__init__.py
+++ b/python/bullmq/__init__.py
@@ -3,7 +3,7 @@
 
 A background job processor and message queue for Python based on Redis.
 """
-__version__ = "2.7.3"
+__version__ = "2.7.4"
 __author__ = 'Taskforce.sh Inc.'
 __credits__ = 'Taskforce.sh Inc.'
 
diff --git a/python/pyproject.toml b/python/pyproject.toml
index 42a0ac401f..623d73bfd0 100644
--- a/python/pyproject.toml
+++ b/python/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "setuptools.build_meta"
 
 [project]
 name = "bullmq"
-version = "2.7.3"
+version = "2.7.4"
 description='BullMQ for Python'
 readme="README.md"
 authors = [