diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index c7e6aad61e9..d221c508ab0 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.8.7
+current_version = 1.8.8
 parse = (?P<major>[\d]+) # major version number
 	\.(?P<minor>[\d]+) # minor version number
 	\.(?P<patch>[\d]+) # patch version number
diff --git a/.changes/1.8.8.md b/.changes/1.8.8.md
new file mode 100644
index 00000000000..05e0bb476b3
--- /dev/null
+++ b/.changes/1.8.8.md
@@ -0,0 +1,16 @@
+## dbt-core 1.8.8 - October 23, 2024
+
+### Fixes
+
+- Fix unit tests for incremental model with alias ([#10754](https://github.com/dbt-labs/dbt-core/issues/10754))
+
+### Under the Hood
+
+- Remove support and testing for Python 3.8, which is now EOL. ([#10861](https://github.com/dbt-labs/dbt-core/issues/10861))
+
+### Dependencies
+
+- Pin dbt-common and dbt-adapters with upper bound. ([#10895](https://github.com/dbt-labs/dbt-core/issues/10895))
+
+### Contributors
+- [@katsugeneration](https://github.com/katsugeneration) ([#10754](https://github.com/dbt-labs/dbt-core/issues/10754))
diff --git a/.changes/unreleased/Dependencies-20241021-131923.yaml b/.changes/unreleased/Dependencies-20241021-131923.yaml
deleted file mode 100644
index 8baf3fc3559..00000000000
--- a/.changes/unreleased/Dependencies-20241021-131923.yaml
+++ /dev/null
@@ -1,6 +0,0 @@
-kind: Dependencies
-body: Pin dbt-common and dbt-adapters with upper bound.
-time: 2024-10-21T13:19:23.137466-05:00
-custom:
-  Author: emmyoop
-  Issue: "10895"
diff --git a/.changes/unreleased/Fixes-20240922-133527.yaml b/.changes/unreleased/Fixes-20240922-133527.yaml
deleted file mode 100644
index f31fe8c3365..00000000000
--- a/.changes/unreleased/Fixes-20240922-133527.yaml
+++ /dev/null
@@ -1,6 +0,0 @@
-kind: Fixes
-body: Fix unit tests for incremental model with alias
-time: 2024-09-22T13:35:27.991398741Z
-custom:
-    Author: katsugeneration
-    Issue: "10754"
diff --git a/.changes/unreleased/Under the Hood-20241016-144056.yaml b/.changes/unreleased/Under the Hood-20241016-144056.yaml
deleted file mode 100644
index 454724607cc..00000000000
--- a/.changes/unreleased/Under the Hood-20241016-144056.yaml	
+++ /dev/null
@@ -1,6 +0,0 @@
-kind: Under the Hood
-body: Remove support and testing for Python 3.8, which is now EOL.
-time: 2024-10-16T14:40:56.451972-04:00
-custom:
-  Author: gshank peterallenwebb
-  Issue: "10861"
diff --git a/CHANGELOG.md b/CHANGELOG.md
index a1c80251c92..9c5c29fdead 100755
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,20 +5,35 @@
 - "Breaking changes" listed under a version may require action from end users or external maintainers when upgrading to that version.
 - Do not edit this file directly. This file is auto-generated using [changie](https://github.com/miniscruff/changie). For details on how to document a change, see [the contributing guide](https://github.com/dbt-labs/dbt-core/blob/main/CONTRIBUTING.md#adding-changelog-entry)
 
+## dbt-core 1.8.8 - October 23, 2024
+
+### Fixes
+
+- Fix unit tests for incremental model with alias ([#10754](https://github.com/dbt-labs/dbt-core/issues/10754))
+
+### Under the Hood
+
+- Remove support and testing for Python 3.8, which is now EOL. ([#10861](https://github.com/dbt-labs/dbt-core/issues/10861))
+
+### Dependencies
+
+- Pin dbt-common and dbt-adapters with upper bound. ([#10895](https://github.com/dbt-labs/dbt-core/issues/10895))
+
+### Contributors
+- [@katsugeneration](https://github.com/katsugeneration) ([#10754](https://github.com/dbt-labs/dbt-core/issues/10754))
+
+
 ## dbt-core 1.8.7 - September 24, 2024
 
 ### Features
 
 - Add support for behavior flags ([#10618](https://github.com/dbt-labs/dbt-core/issues/10618))
 
-
-
 ## dbt-core 1.8.6 - August 29, 2024
 
 ### Fixes
 
 - Late render pre- and post-hooks configs in properties / schema YAML files ([#10603](https://github.com/dbt-labs/dbt-core/issues/10603))
-- Use model alias for the CTE identifier generated during ephemeral materialization ([#5273](https://github.com/dbt-labs/dbt-core/issues/5273))
 
 ### Under the Hood
 
@@ -26,7 +41,6 @@
 
 ### Contributors
 - [@ttusing](https://github.com/ttusing) ([#10434](https://github.com/dbt-labs/dbt-core/issues/10434))
-- [@jeancochrane](https://github.com/jeancochrane) ([#5273](https://github.com/dbt-labs/dbt-core/issues/5273))
 
 ## dbt-core 1.8.5 - August 07, 2024
 
diff --git a/core/dbt/version.py b/core/dbt/version.py
index 6665c78fde4..d5a1be82f20 100644
--- a/core/dbt/version.py
+++ b/core/dbt/version.py
@@ -229,5 +229,5 @@ def _get_adapter_plugin_names() -> Iterator[str]:
             yield plugin_name
 
 
-__version__ = "1.8.7"
+__version__ = "1.8.8"
 installed = get_installed_version()
diff --git a/core/setup.py b/core/setup.py
index cecc5748608..916fc47e3ed 100644
--- a/core/setup.py
+++ b/core/setup.py
@@ -25,7 +25,7 @@
 
 
 package_name = "dbt-core"
-package_version = "1.8.7"
+package_version = "1.8.8"
 description = """With dbt, data analysts and engineers can build analytics \
 the way engineers build applications."""