diff --git a/imagify.php b/imagify.php
index a2b13abf..61ffaa56 100644
--- a/imagify.php
+++ b/imagify.php
@@ -3,7 +3,7 @@
  * Plugin Name: Imagify
  * Plugin URI: https://wordpress.org/plugins/imagify/
  * Description: Dramatically reduce image file sizes without losing quality, make your website load faster, boost your SEO and save money on your bandwidth using Imagify, the new most advanced image optimization tool.
- * Version: 2.3.4
+ * Version: 2.3.5
  * Requires at least: 5.3
  * Requires PHP: 7.4
  * Author: Imagify Image Optimizer – Optimize Images & Convert WebP & Avif
@@ -19,7 +19,7 @@
 defined( 'ABSPATH' ) || exit;
 
 // Imagify defines.
-define( 'IMAGIFY_VERSION', '2.3.4' );
+define( 'IMAGIFY_VERSION', '2.3.5' );
 define( 'IMAGIFY_SLUG', 'imagify' );
 define( 'IMAGIFY_FILE', __FILE__ );
 define( 'IMAGIFY_PATH', realpath( plugin_dir_path( IMAGIFY_FILE ) ) . '/' );
diff --git a/readme.txt b/readme.txt
index e1f506c8..a9b1936b 100644
--- a/readme.txt
+++ b/readme.txt
@@ -2,7 +2,7 @@
 Contributors: wp_rocket, imagify
 Tags: optimize images, image optimization, compress images, convert webp, convert AVIF
 Tested up to: 7.1
-Stable tag: 2.3.4
+Stable tag: 2.3.5
 Requires PHP: 7.4
 License: GPLv2 or later
 License URI: http://www.gnu.org/licenses/gpl-2.0.html
@@ -327,6 +327,14 @@ You can report any security bugs found in the source code of the site-reviews pl
 4. Other Media Page
 
 == Changelog ==
+= 2.3.5 =
+- Enhancement: Imagify no longer bundles the MCP Adapter. To keep using MCP, install the standalone MCP Adapter plugin; a dismissible notice guides existing MCP users.
+- Enhancement: Clearer Next-Gen display settings: rewrite rules are recommended for sites without a CDN, and the layout risks of `<picture>` tags are explained with a link to the documentation.
+- Fix: No more "Another version of MCP Adapter is already loaded" conflict with the standalone MCP Adapter plugin.
+- Fix: MCP abilities now use the same capability checks as the rest of Imagify.
+- Fix: Signing up with an email address containing a "+" alias now creates the account for the right address.
+- Fix: Imagify no longer causes a fatal error when installed as a Composer dependency (e.g. Bedrock).
+
 = 2.3.4 =
 - Fix: Optimization no longer stops when a next-gen destination path is unavailable.
 - Fix: The "Settings saved" notice is back on multisite when Imagify is network-activated.