diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index aa90e93bec20..cbdedb1236bf 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -555,7 +555,7 @@
   "google-cloud-memcache-v1beta2+FILLER": "0.0.0",
   "google-cloud-memorystore": "1.1.0",
   "google-cloud-memorystore+FILLER": "0.0.0",
-  "google-cloud-memorystore-v1": "1.7.0",
+  "google-cloud-memorystore-v1": "1.8.0",
   "google-cloud-memorystore-v1+FILLER": "0.0.0",
   "google-cloud-memorystore-v1beta": "0.11.0",
   "google-cloud-memorystore-v1beta+FILLER": "0.0.0",
diff --git a/google-cloud-memorystore-v1/CHANGELOG.md b/google-cloud-memorystore-v1/CHANGELOG.md
index 7d439e034906..c5b83c3708b4 100644
--- a/google-cloud-memorystore-v1/CHANGELOG.md
+++ b/google-cloud-memorystore-v1/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+### 1.8.0 (2026-05-07)
+
+#### Features
+
+* [Memorystore for Valkey] Updating new node types added 
+* support grpc transport in memorystore v1 ([#33887](https://github.com/googleapis/google-cloud-ruby/issues/33887)) 
+
 ### 1.7.0 (2026-04-02)
 
 #### Features
diff --git a/google-cloud-memorystore-v1/lib/google/cloud/memorystore/v1/version.rb b/google-cloud-memorystore-v1/lib/google/cloud/memorystore/v1/version.rb
index 69ec362e2cfb..17664e2768a1 100644
--- a/google-cloud-memorystore-v1/lib/google/cloud/memorystore/v1/version.rb
+++ b/google-cloud-memorystore-v1/lib/google/cloud/memorystore/v1/version.rb
@@ -21,7 +21,7 @@ module Google
   module Cloud
     module Memorystore
       module V1
-        VERSION = "1.7.0"
+        VERSION = "1.8.0"
       end
     end
   end
diff --git a/google-cloud-memorystore-v1/snippets/snippet_metadata_google.cloud.memorystore.v1.json b/google-cloud-memorystore-v1/snippets/snippet_metadata_google.cloud.memorystore.v1.json
index 77fa356e651f..304b8a660e5c 100644
--- a/google-cloud-memorystore-v1/snippets/snippet_metadata_google.cloud.memorystore.v1.json
+++ b/google-cloud-memorystore-v1/snippets/snippet_metadata_google.cloud.memorystore.v1.json
@@ -1,7 +1,7 @@
 {
   "client_library": {
     "name": "google-cloud-memorystore-v1",
-    "version": "1.7.0",
+    "version": "1.8.0",
     "language": "RUBY",
     "apis": [
       {