diff --git a/CHANGELOG.md b/CHANGELOG.md
index 769d5fa2809..a286eab0c81 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,13 @@
+# [3.5.0-alpha.4](https://github.com/vuejs/core/compare/v3.4.34...v3.5.0-alpha.4) (2024-07-24)
+
+
+### Bug Fixes
+
+* **suspense/hydration:** fix hydration timing of async component inside suspense ([1b8e197](https://github.com/vuejs/core/commit/1b8e197a5b65d67a9703b8511786fb81df9aa7cc)), closes [#6638](https://github.com/vuejs/core/issues/6638)
+* **useId:** properly mark async boundary for already resolved async component ([cd28172](https://github.com/vuejs/core/commit/cd281725781ada2ab279e919031ae307e146a9d9))
+
+
+
 ## [3.4.34](https://github.com/vuejs/core/compare/v3.4.33...v3.4.34) (2024-07-24)
 
 * **defineModel:** correct update with multiple changes in same tick ([#11430](https://github.com/vuejs/core/issues/11430)) ([a18f1ec](https://github.com/vuejs/core/commit/a18f1ecf05842337f1eb39a6871adb8cb4024093)), closes [#11429](https://github.com/vuejs/core/issues/11429)
diff --git a/package.json b/package.json
index b41b771a9d0..7b544bdbed1 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "private": true,
-  "version": "3.5.0-alpha.3",
+  "version": "3.5.0-alpha.4",
   "packageManager": "pnpm@9.5.0",
   "type": "module",
   "scripts": {
diff --git a/packages/compiler-core/package.json b/packages/compiler-core/package.json
index 71d4d27467d..6495fa8bab9 100644
--- a/packages/compiler-core/package.json
+++ b/packages/compiler-core/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/compiler-core",
-  "version": "3.5.0-alpha.3",
+  "version": "3.5.0-alpha.4",
   "description": "@vue/compiler-core",
   "main": "index.js",
   "module": "dist/compiler-core.esm-bundler.js",
diff --git a/packages/compiler-dom/package.json b/packages/compiler-dom/package.json
index 86ce9bc5473..5e23372996b 100644
--- a/packages/compiler-dom/package.json
+++ b/packages/compiler-dom/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/compiler-dom",
-  "version": "3.5.0-alpha.3",
+  "version": "3.5.0-alpha.4",
   "description": "@vue/compiler-dom",
   "main": "index.js",
   "module": "dist/compiler-dom.esm-bundler.js",
diff --git a/packages/compiler-sfc/package.json b/packages/compiler-sfc/package.json
index 12497361847..99cbf6f1625 100644
--- a/packages/compiler-sfc/package.json
+++ b/packages/compiler-sfc/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/compiler-sfc",
-  "version": "3.5.0-alpha.3",
+  "version": "3.5.0-alpha.4",
   "description": "@vue/compiler-sfc",
   "main": "dist/compiler-sfc.cjs.js",
   "module": "dist/compiler-sfc.esm-browser.js",
diff --git a/packages/compiler-ssr/package.json b/packages/compiler-ssr/package.json
index 9b7d80ceb0d..69e80999a27 100644
--- a/packages/compiler-ssr/package.json
+++ b/packages/compiler-ssr/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/compiler-ssr",
-  "version": "3.5.0-alpha.3",
+  "version": "3.5.0-alpha.4",
   "description": "@vue/compiler-ssr",
   "main": "dist/compiler-ssr.cjs.js",
   "types": "dist/compiler-ssr.d.ts",
diff --git a/packages/reactivity/package.json b/packages/reactivity/package.json
index 0d310904ffe..0e80a82b92b 100644
--- a/packages/reactivity/package.json
+++ b/packages/reactivity/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/reactivity",
-  "version": "3.5.0-alpha.3",
+  "version": "3.5.0-alpha.4",
   "description": "@vue/reactivity",
   "main": "index.js",
   "module": "dist/reactivity.esm-bundler.js",
diff --git a/packages/runtime-core/package.json b/packages/runtime-core/package.json
index 1fd40724baa..e16edf75303 100644
--- a/packages/runtime-core/package.json
+++ b/packages/runtime-core/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/runtime-core",
-  "version": "3.5.0-alpha.3",
+  "version": "3.5.0-alpha.4",
   "description": "@vue/runtime-core",
   "main": "index.js",
   "module": "dist/runtime-core.esm-bundler.js",
diff --git a/packages/runtime-dom/package.json b/packages/runtime-dom/package.json
index 76d12c67207..5523c95701c 100644
--- a/packages/runtime-dom/package.json
+++ b/packages/runtime-dom/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/runtime-dom",
-  "version": "3.5.0-alpha.3",
+  "version": "3.5.0-alpha.4",
   "description": "@vue/runtime-dom",
   "main": "index.js",
   "module": "dist/runtime-dom.esm-bundler.js",
diff --git a/packages/server-renderer/package.json b/packages/server-renderer/package.json
index ea12b382d9d..37c204e41c0 100644
--- a/packages/server-renderer/package.json
+++ b/packages/server-renderer/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/server-renderer",
-  "version": "3.5.0-alpha.3",
+  "version": "3.5.0-alpha.4",
   "description": "@vue/server-renderer",
   "main": "index.js",
   "module": "dist/server-renderer.esm-bundler.js",
diff --git a/packages/shared/package.json b/packages/shared/package.json
index 97a941e2617..5225806761f 100644
--- a/packages/shared/package.json
+++ b/packages/shared/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/shared",
-  "version": "3.5.0-alpha.3",
+  "version": "3.5.0-alpha.4",
   "description": "internal utils shared across @vue packages",
   "main": "index.js",
   "module": "dist/shared.esm-bundler.js",
diff --git a/packages/vue-compat/package.json b/packages/vue-compat/package.json
index faf17db73d3..1c01588954c 100644
--- a/packages/vue-compat/package.json
+++ b/packages/vue-compat/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/compat",
-  "version": "3.5.0-alpha.3",
+  "version": "3.5.0-alpha.4",
   "description": "Vue 3 compatibility build for Vue 2",
   "main": "index.js",
   "module": "dist/vue.runtime.esm-bundler.js",
diff --git a/packages/vue/package.json b/packages/vue/package.json
index 2c9538298ae..cee6572aee4 100644
--- a/packages/vue/package.json
+++ b/packages/vue/package.json
@@ -1,6 +1,6 @@
 {
   "name": "vue",
-  "version": "3.5.0-alpha.3",
+  "version": "3.5.0-alpha.4",
   "description": "The progressive JavaScript framework for building modern web UI.",
   "main": "index.js",
   "module": "dist/vue.runtime.esm-bundler.js",