diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index f6c1863d..65f558e7 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "1.22.2"
+  ".": "2.0.0"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 98aa1718..a36c8af8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,36 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## [2.0.0](https://github.com/microsoft/kiota-dotnet/compare/v1.22.2...v2.0.0) (2026-05-06)
+
+
+### ⚠ BREAKING CHANGES
+
+* net5.0 and net6.0 TFMs dropped; net8.0 and net10.0 added.
+* update target frameworks, merge IAsyncParseNodeFactory, and remove obsolete APIs ([#708](https://github.com/microsoft/kiota-dotnet/issues/708))
+* **abstractions:** IAsyncParseNodeFactory removed; implement IParseNodeFactory.GetRootParseNodeAsync directly.
+* **abstractions:** Use DeserializeAsync/DeserializeCollectionAsync instead.
+* **abstractions:** GetPartValue<T>(string) and RemovePart(string) removed; use the overloads that accept (partName, contentType).
+
+### Features
+
+* update target frameworks to net8.0 and net10.0, drop net5.0 and net6.0 ([c41f7e0](https://github.com/microsoft/kiota-dotnet/commit/c41f7e0c10b30dbc5d9b17633efad91f035fce5d))
+* update target frameworks, merge IAsyncParseNodeFactory, and remove obsolete APIs ([#708](https://github.com/microsoft/kiota-dotnet/issues/708)) ([c41f7e0](https://github.com/microsoft/kiota-dotnet/commit/c41f7e0c10b30dbc5d9b17633efad91f035fce5d))
+
+
+### Bug Fixes
+
+* **build:** update package version lower bounds from 6.0 to 8.0 ([c41f7e0](https://github.com/microsoft/kiota-dotnet/commit/c41f7e0c10b30dbc5d9b17633efad91f035fce5d))
+* **ci:** use glob pattern for timestamped coverlet coverage report paths ([c41f7e0](https://github.com/microsoft/kiota-dotnet/commit/c41f7e0c10b30dbc5d9b17633efad91f035fce5d))
+* resolve trim analysis warnings and pin PublicApiAnalyzers to net8.0 ([c41f7e0](https://github.com/microsoft/kiota-dotnet/commit/c41f7e0c10b30dbc5d9b17633efad91f035fce5d))
+
+
+### Code Refactoring
+
+* **abstractions:** merge IAsyncParseNodeFactory into IParseNodeFactory ([c41f7e0](https://github.com/microsoft/kiota-dotnet/commit/c41f7e0c10b30dbc5d9b17633efad91f035fce5d))
+* **abstractions:** remove deprecated single-param MultipartBody.GetPartValue and RemovePart overloads ([c41f7e0](https://github.com/microsoft/kiota-dotnet/commit/c41f7e0c10b30dbc5d9b17633efad91f035fce5d))
+* **abstractions:** remove synchronous Deserialize and DeserializeCollection from KiotaSerializer ([c41f7e0](https://github.com/microsoft/kiota-dotnet/commit/c41f7e0c10b30dbc5d9b17633efad91f035fce5d))
+
 ## [1.22.2](https://github.com/microsoft/kiota-dotnet/compare/v1.22.1...v1.22.2) (2026-05-05)
 
 
diff --git a/Directory.Build.props b/Directory.Build.props
index 26ce24a9..7f1d7d65 100644
--- a/Directory.Build.props
+++ b/Directory.Build.props
@@ -1,7 +1,7 @@
 <Project>
   <!-- Common default project properties for ALL projects-->
   <PropertyGroup>
-    <VersionPrefix>1.22.2</VersionPrefix>
+    <VersionPrefix>2.0.0</VersionPrefix>
     <VersionSuffix/>
     <!-- This is overidden in test projects by setting to true-->
     <IsTestProject>false</IsTestProject>