diff --git a/packages/core/CHANGELOG.md b/packages/core/CHANGELOG.md
index 866beb00f..d85f58be1 100644
--- a/packages/core/CHANGELOG.md
+++ b/packages/core/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Changelog
 
+## 1.34.2 (2024-07-18)
+
+- Fix Hardhat compile error when constants have references to other constants. ([#1046](https://github.com/OpenZeppelin/openzeppelin-upgrades/pull/1046))
+
 ## 1.34.1 (2024-06-18)
 
 - Fix unexpected validation error when function parameter has internal function pointer. ([#1038](https://github.com/OpenZeppelin/openzeppelin-upgrades/pull/1038))
diff --git a/packages/core/package.json b/packages/core/package.json
index e5dce6b1a..5a4a9c88f 100644
--- a/packages/core/package.json
+++ b/packages/core/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@openzeppelin/upgrades-core",
-  "version": "1.34.1",
+  "version": "1.34.2",
   "description": "",
   "repository": "https://github.com/OpenZeppelin/openzeppelin-upgrades/tree/master/packages/core",
   "license": "MIT",