diff --git a/README.md b/README.md
index a01e6f4a7be..ef44167a1fc 100644
--- a/README.md
+++ b/README.md
@@ -56,7 +56,7 @@ Make sure you activated the full features of the tokio crate on Cargo.toml:
 
 ```toml
 [dependencies]
-tokio = { version = "1.45.1", features = ["full"] }
+tokio = { version = "1.46.0", features = ["full"] }
 ```
 Then, on your main.rs:
 
diff --git a/tokio/CHANGELOG.md b/tokio/CHANGELOG.md
index 27f84c867f4..0e528581ce5 100644
--- a/tokio/CHANGELOG.md
+++ b/tokio/CHANGELOG.md
@@ -1,3 +1,59 @@
+# 1.46.0 (July 2nd, 2025)
+
+### Fixed
+
+- net: fixed `TcpStream::shutdown` incorrectly returning an error on macOS ([#7290])
+
+## Added
+
+- sync: `mpsc::OwnedPermit::{same_channel, same_channel_as_sender}` methods ([#7389])
+- macros: `biased` option for `join!` and `try_join!`, similar to `select!` ([#7307])
+- net: support for cygwin ([#7393])
+- net: support `pope::OpenOptions::read_write` on Android ([#7426])
+- net: add `Clone` implementation for `net::unix::SocketAddr` ([#7422])
+
+## Changed
+
+- runtime: eliminate unnecessary lfence while operating on `queue::Local<T>` ([#7340])
+- task: disallow blocking in `LocalSet::{poll,drop}` ([#7372])
+
+## Unstable
+
+- runtime: add `TaskMeta::spawn_location` tracking where a task was spawned ([#7417])
+- runtime: removed borrow from `LocalOptions` parameter to `runtime::Builder::build_local` ([#7346])
+
+## Documented
+
+- io: clarify behavior of seeking when `start_seek` is not used ([#7366])
+- io: document cancellation safety of `AsyncWriteExt::flush` ([#7364])
+- net: fix docs for `recv_buffer_size` method ([#7336])
+- net: fix broken link of `RawFd` in `TcpSocket` docs ([#7416])
+- net: update `AsRawFd` doc link to current Rust stdlib location ([#7429])
+- readme: fix double period in reactor description ([#7363])
+- runtime: add doc note that `on_*_task_poll` is unstable ([#7311])
+- sync: update broadcast docs on allocation failure ([#7352])
+- time: add a missing panic scenario of `time::advance` ([#7394])
+
+[#7290]: https://github.com/tokio-rs/tokio/pull/7290
+[#7307]: https://github.com/tokio-rs/tokio/pull/7307
+[#7311]: https://github.com/tokio-rs/tokio/pull/7311
+[#7336]: https://github.com/tokio-rs/tokio/pull/7336
+[#7340]: https://github.com/tokio-rs/tokio/pull/7340
+[#7346]: https://github.com/tokio-rs/tokio/pull/7346
+[#7352]: https://github.com/tokio-rs/tokio/pull/7352
+[#7363]: https://github.com/tokio-rs/tokio/pull/7363
+[#7364]: https://github.com/tokio-rs/tokio/pull/7364
+[#7366]: https://github.com/tokio-rs/tokio/pull/7366
+[#7372]: https://github.com/tokio-rs/tokio/pull/7372
+[#7389]: https://github.com/tokio-rs/tokio/pull/7389
+[#7393]: https://github.com/tokio-rs/tokio/pull/7393
+[#7394]: https://github.com/tokio-rs/tokio/pull/7394
+[#7416]: https://github.com/tokio-rs/tokio/pull/7416
+[#7422]: https://github.com/tokio-rs/tokio/pull/7422
+[#7426]: https://github.com/tokio-rs/tokio/pull/7426
+[#7429]: https://github.com/tokio-rs/tokio/pull/7429
+[#7417]: https://github.com/tokio-rs/tokio/pull/7417
+
 # 1.45.1 (May 24th, 2025)
 
 This fixes a regression on the wasm32-unknown-unknown target, where code that
diff --git a/tokio/Cargo.toml b/tokio/Cargo.toml
index 8444de7a934..0b850350e98 100644
--- a/tokio/Cargo.toml
+++ b/tokio/Cargo.toml
@@ -6,7 +6,7 @@ name = "tokio"
 #   - README.md
 # - Update CHANGELOG.md.
 # - Create "v1.x.y" git tag.
-version = "1.45.1"
+version = "1.46.0"
 edition = "2021"
 rust-version = "1.70"
 authors = ["Tokio Contributors <team@tokio.rs>"]
diff --git a/tokio/README.md b/tokio/README.md
index a01e6f4a7be..ef44167a1fc 100644
--- a/tokio/README.md
+++ b/tokio/README.md
@@ -56,7 +56,7 @@ Make sure you activated the full features of the tokio crate on Cargo.toml:
 
 ```toml
 [dependencies]
-tokio = { version = "1.45.1", features = ["full"] }
+tokio = { version = "1.46.0", features = ["full"] }
 ```
 Then, on your main.rs: