diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1f189e2cb..fb6d7cd37 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,19 @@ 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).
 
+_10.1.0_
+- **[ENHANCEMENTS]**
+  - Add support for descendant and ancestor flutter locators [#2357](https://github.com/appium/java-client/pull/2357)
+- **[BUG FIX]**
+  - Fix `ListOutputStream.close()` to close all streams on failure [#2392](https://github.com/appium/java-client/pull/2392)
+  - Avoid using system default locale [#2352](https://github.com/appium/java-client/pull/2352)
+- **[REFACTOR]**
+  - Avoid using reflection to manage `AppiumCommandExecutor` state [#2356](https://github.com/appium/java-client/pull/2356)
+- **[DEPENDENCY CHANGE]**
+  - Bump minimum Selenium version from `4.35.0` to `4.40.0` [#2383](https://github.com/appium/java-client/pull/2383)
+  - Bump com.google.code.gson:gson from `2.13.1` to `2.13.2` [#2342](https://github.com/appium/java-client/pull/2342)
+  - Bump org.apache.commons:commons-lang3 from `3.18.0` to `3.20.0` [#2350](https://github.com/appium/java-client/pull/2350), [#2374](https://github.com/appium/java-client/pull/2374)
+
 _10.0.0_
 - **[DOCUMENTATION]**
   - Document the migration guide from v9 to v10 [#2331](https://github.com/appium/java-client/pull/2331) 
diff --git a/README.md b/README.md
index 4d235791a..148f67669 100644
--- a/README.md
+++ b/README.md
@@ -100,7 +100,7 @@ dependencies {
 ### Compatibility Matrix
  Appium Java Client                                                                                 | Selenium client
 ----------------------------------------------------------------------------------------------------|-----------------------------
-`next` (not released yet)                                                                           | `4.40.0`
+`10.1.0`                                                                                            | `4.40.0`
 `10.0.0`                                                                                            | `4.35.0`, `4.36.0`, `4.37.0`, `4.38.0`, `4.39.0`
 `9.5.0`                                                                                             | `4.34.0`
 `9.4.0`                                                                                             | `4.26.0`, `4.27.0`, `4.28.0`, `4.28.1`, `4.29.0`, `4.30.0`, `4.31.0`, `4.32.0`, `4.33.0`
diff --git a/gradle.properties b/gradle.properties
index 1540f2707..546fa68b0 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -2,4 +2,4 @@ org.gradle.daemon=true
 
 selenium.version=4.40.0
 # Please increment the value in a release
-appiumClient.version=10.0.0
+appiumClient.version=10.1.0