diff --git a/CHANGELOG.md b/CHANGELOG.md
index c5f8172..560cea3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,10 @@
 # MockRedis Changelog
 
+### 0.47.0
+
+* Add support for `redis-rb` gem versions 5.x
+* Drop support for `redis-rb` gem versions < 5.x
+
 ### 0.46.0
 
 * Fix `hset` for array of key-value pairs
diff --git a/README.md b/README.md
index 9c03efe..2d06e89 100644
--- a/README.md
+++ b/README.md
@@ -10,9 +10,10 @@ for use in tests.
 
 ## Requirements
 
-Ruby 3.0+
+Ruby 3.x
+redis-rb 5.x
 
-The current implementation is tested against Redis 6.2. Older versions may work, but can also return different results or not support some commands.
+The current implementation is **tested against Redis 6.2 and 7.0**. Older versions may work, but can also return different results or not support some commands.
 
 ## Getting Started
 
diff --git a/lib/mock_redis/version.rb b/lib/mock_redis/version.rb
index bd74f33..e291e1e 100644
--- a/lib/mock_redis/version.rb
+++ b/lib/mock_redis/version.rb
@@ -2,5 +2,5 @@
 
 # Defines the gem version.
 class MockRedis
-  VERSION = '0.46.0'
+  VERSION = '0.47.0'
 end