diff --git a/CHANGELOG.md b/CHANGELOG.md
index b508d75a56..90b16b9841 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,47 @@
 # Changelog
 
+## 3.2.0 (2025-12-00)
+
+### vscode
+
+- **fix:** Vue TS highlighting when trailing type alias is missing semicolon (#5853) - Thanks to @serkodev!
+- **perf:** replace `fast-diff` with custom character-by-character alignment algorithm (#5849) (#5851)
+- **refactor:** update Vue grammar scope name to "text.html.vue" (#5856)
+- **test:** add test for embedded grammars (#5861) - Thanks to @serkodev!
+
+### component-meta
+
+- **feat:** add `tags` to slots and exposed (#5862) - Thanks to @aj-dev!
+- **feat:** filter out irrelevant properties from `exposed` (#5868) - Thanks to @aj-dev!
+
+### typescript-plugin
+
+- **feat:** include leading dot when finding references to CSS classes (#5852)
+- **fix:** missing module error after file rename (#5839) - Thanks to @serkodev!
+- **fix:** prioritize non-warning completion entries over warning ones (#5847)
+- **fix:** always pass rest parameters for future compatibility (#5859) - Thanks to @KazariEX!
+- **fix:** add nullish guards before accessing `ts.CompletionEntryData` (#5869) - Thanks to @KazariEX!
+- **fix:** handle import type nodes in definition proxy (#5873)
+
+### language-core
+
+- **feat:** revert overcorrection of `v-for` type inference (#5836)
+- **feat:** align `v-for` key type with `Object.keys` (#5837) - Thanks to @serkodev!
+- **feat:** narrow component and directive types (#5841)
+- **feat:** support `<!-- @strictTemplates -->` magic comment (#5845)
+- **fix:** correctly resolve `<script src="">` (#5838)
+- **fix:** preserve template slot wrappers during `createIfBranch` (#5844) - Thanks to @serkodev!
+- **fix:** include end tag locations when renaming global components
+- **refactor:** replace dynamic types generation with static files (#5872)
+
+### workspace
+
+- **chore:** update testing infrastructure (#5848)
+- **chore:** use tsgo in development (#5860)
+- **chore:** reduce local dependencies and update workflows (#5863)
+- **chore:** upgrade tsslint and vite to pre-release versions
+- **chore:** delete tests for Vue 3.4 (#5871)
+
 ## 3.1.8 (2025-12-09)
 
 ### Features
diff --git a/extensions/vscode/package.json b/extensions/vscode/package.json
index d7ab925c6b..e7d2aff03f 100644
--- a/extensions/vscode/package.json
+++ b/extensions/vscode/package.json
@@ -1,7 +1,7 @@
 {
 	"private": true,
 	"name": "volar",
-	"version": "3.1.8",
+	"version": "3.2.0",
 	"repository": {
 		"type": "git",
 		"url": "https://github.com/vuejs/language-tools.git",
diff --git a/extensions/vscode/src/generated-meta.ts b/extensions/vscode/src/generated-meta.ts
index 1c879f726c..af24f2dc0d 100644
--- a/extensions/vscode/src/generated-meta.ts
+++ b/extensions/vscode/src/generated-meta.ts
@@ -4,7 +4,7 @@
 // Meta info
 export const publisher = 'Vue';
 export const name = 'volar';
-export const version = '3.1.5';
+export const version = '3.2.0';
 export const displayName = 'Vue (Official)';
 export const description = 'Language Support for Vue';
 export const extensionId = `${publisher}.${name}`;
@@ -17,7 +17,7 @@ export type CommandKey =
 	| 'vue.action.restartServer';
 
 /**
- * Commands map registed by `Vue.volar`
+ * Commands map registered by `Vue.volar`
  */
 export const commands = {
 	/**
@@ -32,6 +32,25 @@ export const commands = {
 	actionRestartServer: 'vue.action.restartServer',
 } satisfies Record<string, CommandKey>;
 
+/**
+ * Type union of all languages
+ */
+export type LanguageKey =
+	| 'vue'
+	| 'markdown'
+	| 'html'
+	| 'jade';
+
+/**
+ * Languages map registed by `Vue.volar`
+ */
+export const languages = {
+	vue: 'vue',
+	markdown: 'markdown',
+	html: 'html',
+	jade: 'jade',
+} satisfies Record<string, LanguageKey>;
+
 /**
  * Type union of all configs
  */
diff --git a/lerna.json b/lerna.json
index a80b5972d1..95acf91e27 100644
--- a/lerna.json
+++ b/lerna.json
@@ -5,5 +5,5 @@
 		"extensions/**",
 		"packages/**"
 	],
-	"version": "3.1.8"
+	"version": "3.2.0"
 }
diff --git a/packages/component-meta/package.json b/packages/component-meta/package.json
index 48a4946fa1..ce5e105741 100644
--- a/packages/component-meta/package.json
+++ b/packages/component-meta/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "vue-component-meta",
-	"version": "3.1.8",
+	"version": "3.2.0",
 	"license": "MIT",
 	"files": [
 		"**/*.js",
diff --git a/packages/component-type-helpers/package.json b/packages/component-type-helpers/package.json
index e9cde60f46..ad14aee78f 100644
--- a/packages/component-type-helpers/package.json
+++ b/packages/component-type-helpers/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "vue-component-type-helpers",
-	"version": "3.1.8",
+	"version": "3.2.0",
 	"license": "MIT",
 	"files": [
 		"**/*.js",
diff --git a/packages/language-core/package.json b/packages/language-core/package.json
index ad6fe56f68..4c44c54158 100644
--- a/packages/language-core/package.json
+++ b/packages/language-core/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "@vue/language-core",
-	"version": "3.1.8",
+	"version": "3.2.0",
 	"license": "MIT",
 	"files": [
 		"**/*.js",
diff --git a/packages/language-plugin-pug/package.json b/packages/language-plugin-pug/package.json
index d0a3554cb5..bd235a8e90 100644
--- a/packages/language-plugin-pug/package.json
+++ b/packages/language-plugin-pug/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "@vue/language-plugin-pug",
-	"version": "3.1.8",
+	"version": "3.2.0",
 	"license": "MIT",
 	"files": [
 		"**/*.js",
diff --git a/packages/language-server/package.json b/packages/language-server/package.json
index b03ba4dfb4..6be4bb44fe 100644
--- a/packages/language-server/package.json
+++ b/packages/language-server/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "@vue/language-server",
-	"version": "3.1.8",
+	"version": "3.2.0",
 	"license": "MIT",
 	"files": [
 		"**/*.js",
diff --git a/packages/language-service/package.json b/packages/language-service/package.json
index 6373f8b0a2..d496b2db9c 100644
--- a/packages/language-service/package.json
+++ b/packages/language-service/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "@vue/language-service",
-	"version": "3.1.8",
+	"version": "3.2.0",
 	"license": "MIT",
 	"files": [
 		"data",
diff --git a/packages/tsc/package.json b/packages/tsc/package.json
index fca840481a..2c7d67677b 100644
--- a/packages/tsc/package.json
+++ b/packages/tsc/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "vue-tsc",
-	"version": "3.1.8",
+	"version": "3.2.0",
 	"license": "MIT",
 	"files": [
 		"bin",
diff --git a/packages/typescript-plugin/package.json b/packages/typescript-plugin/package.json
index 4e57f9071c..d278c67ec5 100644
--- a/packages/typescript-plugin/package.json
+++ b/packages/typescript-plugin/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "@vue/typescript-plugin",
-	"version": "3.1.8",
+	"version": "3.2.0",
 	"license": "MIT",
 	"files": [
 		"**/*.js",