diff --git a/instrumentation/all/CHANGELOG.md b/instrumentation/all/CHANGELOG.md
index d197bf474..aaab5c4bc 100644
--- a/instrumentation/all/CHANGELOG.md
+++ b/instrumentation/all/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Release History: opentelemetry-instrumentation-all
 
+### v0.53.0 / 2023-11-28
+
+* CHANGED: Performance optimization cache attribute hashes [#723](https://github.com/open-telemetry/opentelemetry-ruby-contrib/pull/723)
+
 ### v0.52.0 / 2023-11-21
 
 * BREAKING CHANGE: Drop Support for EoL Rails 6.0 [#680](https://github.com/open-telemetry/opentelemetry-ruby-contrib/pull/680)
diff --git a/instrumentation/all/lib/opentelemetry/instrumentation/all/version.rb b/instrumentation/all/lib/opentelemetry/instrumentation/all/version.rb
index 8a7d32207..45c5ecae8 100644
--- a/instrumentation/all/lib/opentelemetry/instrumentation/all/version.rb
+++ b/instrumentation/all/lib/opentelemetry/instrumentation/all/version.rb
@@ -7,7 +7,7 @@
 module OpenTelemetry
   module Instrumentation
     module All
-      VERSION = '0.52.0'
+      VERSION = '0.53.0'
     end
   end
 end
diff --git a/instrumentation/all/opentelemetry-instrumentation-all.gemspec b/instrumentation/all/opentelemetry-instrumentation-all.gemspec
index 61d225be8..6b18c7ad6 100644
--- a/instrumentation/all/opentelemetry-instrumentation-all.gemspec
+++ b/instrumentation/all/opentelemetry-instrumentation-all.gemspec
@@ -36,7 +36,7 @@ Gem::Specification.new do |spec|
   spec.add_dependency 'opentelemetry-instrumentation-excon', '~> 0.21.1'
   spec.add_dependency 'opentelemetry-instrumentation-faraday', '~> 0.23.1'
   spec.add_dependency 'opentelemetry-instrumentation-grape', '~> 0.1.3'
-  spec.add_dependency 'opentelemetry-instrumentation-graphql', '~> 0.26.2'
+  spec.add_dependency 'opentelemetry-instrumentation-graphql', '~> 0.27.0'
   spec.add_dependency 'opentelemetry-instrumentation-gruf', '~> 0.1.0'
   spec.add_dependency 'opentelemetry-instrumentation-http', '~> 0.23.1'
   spec.add_dependency 'opentelemetry-instrumentation-http_client', '~> 0.22.1'
diff --git a/instrumentation/graphql/CHANGELOG.md b/instrumentation/graphql/CHANGELOG.md
index a9834fcec..c75886695 100644
--- a/instrumentation/graphql/CHANGELOG.md
+++ b/instrumentation/graphql/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Release History: opentelemetry-instrumentation-graphql
 
+### v0.27.0 / 2023-11-28
+
+* CHANGED: Performance optimization cache attribute hashes [#723](https://github.com/open-telemetry/opentelemetry-ruby-contrib/pull/723)
+
 ### v0.26.8 / 2023-11-23
 
 * CHANGED: Applied Rubocop Performance Recommendations [#727](https://github.com/open-telemetry/opentelemetry-ruby-contrib/pull/727)
diff --git a/instrumentation/graphql/lib/opentelemetry/instrumentation/graphql/version.rb b/instrumentation/graphql/lib/opentelemetry/instrumentation/graphql/version.rb
index eb3e1d541..db8496fff 100644
--- a/instrumentation/graphql/lib/opentelemetry/instrumentation/graphql/version.rb
+++ b/instrumentation/graphql/lib/opentelemetry/instrumentation/graphql/version.rb
@@ -7,7 +7,7 @@
 module OpenTelemetry
   module Instrumentation
     module GraphQL
-      VERSION = '0.26.8'
+      VERSION = '0.27.0'
     end
   end
 end