diff --git a/CHANGELOG.md b/CHANGELOG.md
index fc1462d..12f4c27 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,18 @@ The versioning of this gem follows ActiveRecord versioning, and does not follow
 
 ## [Unreleased]
 
+## [7.0.0] - 2024-07-30
+
+* Use Arel.literal [#154](https://github.com/ManageIQ/activerecord-virtual_attributes/pull/154)
+* drop attribute_builder [#153](https://github.com/ManageIQ/activerecord-virtual_attributes/pull/153)
+* dropped virtual_aggregate [#152](https://github.com/ManageIQ/activerecord-virtual_attributes/pull/152)
+* resolve rubocops (also fix bin/console) [#151](https://github.com/ManageIQ/activerecord-virtual_attributes/pull/151)
+* Rails 7.0 support / dropping 6.1 [#150](https://github.com/ManageIQ/activerecord-virtual_attributes/pull/150)
+* condense includes produced by replace_virtual_fields [#150](https://github.com/ManageIQ/activerecord-virtual_attributes/pull/150)
+* fix bin/console [#148](https://github.com/ManageIQ/activerecord-virtual_attributes/pull/148)
+* Rails 7.0 support pt1 [#146](https://github.com/ManageIQ/activerecord-virtual_attributes/pull/146)
+* Fix sqlite3 v2 and rails [#140](https://github.com/ManageIQ/activerecord-virtual_attributes/pull/140)
+
 ## [6.1.2] - 2023-10-26
 
 * Fix bind variables for joins with static strings [#124](https://github.com/ManageIQ/activerecord-virtual_attributes/pull/124)
@@ -93,7 +105,8 @@ The versioning of this gem follows ActiveRecord versioning, and does not follow
 * Initial Release
 * Extracted from ManageIQ/manageiq
 
-[Unreleased]: https://github.com/ManageIQ/activerecord-virtual_attributes/compare/v6.1.2...HEAD
+[Unreleased]: https://github.com/ManageIQ/activerecord-virtual_attributes/compare/v7.0.0...HEAD
+[7.0.0]: https://github.com/ManageIQ/activerecord-virtual_attributes/compare/v6.1.2...v7.0.0
 [6.1.2]: https://github.com/ManageIQ/activerecord-virtual_attributes/compare/v6.1.1...v6.1.2
 [6.1.1]: https://github.com/ManageIQ/activerecord-virtual_attributes/compare/v6.1.0...v6.1.1
 [6.1.0]: https://github.com/ManageIQ/activerecord-virtual_attributes/compare/v3.0.0...v6.1.0
diff --git a/activerecord-virtual_attributes.gemspec b/activerecord-virtual_attributes.gemspec
index 5f9afa7..738e005 100644
--- a/activerecord-virtual_attributes.gemspec
+++ b/activerecord-virtual_attributes.gemspec
@@ -28,7 +28,7 @@ Gem::Specification.new do |spec|
 
   spec.require_paths = ["lib"]
 
-  spec.add_runtime_dependency "activerecord", ">=6.1.7.8", "<7.1"
+  spec.add_runtime_dependency "activerecord", "~> 7.0"
 
   spec.add_development_dependency "byebug"
   spec.add_development_dependency "database_cleaner-active_record", "~> 2.1"