diff --git a/.github/ISSUE_TEMPLATE/bug_report.yaml b/.github/ISSUE_TEMPLATE/bug_report.yaml
index 3679e5db997..89f8a052056 100644
--- a/.github/ISSUE_TEMPLATE/bug_report.yaml
+++ b/.github/ISSUE_TEMPLATE/bug_report.yaml
@@ -26,7 +26,7 @@ body:
     attributes:
       label: NetBox Version
       description: What version of NetBox are you currently running?
-      placeholder: v3.7.7
+      placeholder: v3.7.8
     validations:
       required: true
   - type: dropdown
diff --git a/.github/ISSUE_TEMPLATE/feature_request.yaml b/.github/ISSUE_TEMPLATE/feature_request.yaml
index 0cf5229601e..1d5de717301 100644
--- a/.github/ISSUE_TEMPLATE/feature_request.yaml
+++ b/.github/ISSUE_TEMPLATE/feature_request.yaml
@@ -14,7 +14,7 @@ body:
     attributes:
       label: NetBox version
       description: What version of NetBox are you currently running?
-      placeholder: v3.7.7
+      placeholder: v3.7.8
     validations:
       required: true
   - type: dropdown
diff --git a/docs/release-notes/version-3.7.md b/docs/release-notes/version-3.7.md
index d3ae2c3eab3..caf8b65e494 100644
--- a/docs/release-notes/version-3.7.md
+++ b/docs/release-notes/version-3.7.md
@@ -1,12 +1,19 @@
 # NetBox v3.7
 
-## v3.7.8 (FUTURE)
+## v3.7.8 (2024-05-06)
+
+### Enhancements
+
+* [#12127](https://github.com/netbox-community/netbox/issues/12127) - Enable adding new cables directly from navigation menu
 
 ### Bug Fixes
 
 * [#15877](https://github.com/netbox-community/netbox/issues/15877) - Account for virtual chassis membership when assigning related interfaces via bulk edit
 * [#15917](https://github.com/netbox-community/netbox/issues/15917) - Fix pagination through search results within dropdown fields
 * [#15925](https://github.com/netbox-community/netbox/issues/15925) - Fix SVG rendering of cable traces to circuit terminations
+* [#15948](https://github.com/netbox-community/netbox/issues/15948) - Fix cable trace SVG generation for cables with multiple terminations at both ends
+* [#15960](https://github.com/netbox-community/netbox/issues/15960) - Replace CSV export formatting for several many-to-many fields
+* [#15961](https://github.com/netbox-community/netbox/issues/15961) - Fix secret toggle button for IKE policies
 
 ---
 
diff --git a/netbox/netbox/settings.py b/netbox/netbox/settings.py
index 23803ccc155..2e64acf765b 100644
--- a/netbox/netbox/settings.py
+++ b/netbox/netbox/settings.py
@@ -28,7 +28,7 @@
 # Environment setup
 #
 
-VERSION = '3.7.8-dev'
+VERSION = '3.7.8'
 
 # Hostname
 HOSTNAME = platform.node()
diff --git a/netbox/translations/ja/LC_MESSAGES/django.mo b/netbox/translations/ja/LC_MESSAGES/django.mo
index da77c423a93..ff1727e47b5 100644
Binary files a/netbox/translations/ja/LC_MESSAGES/django.mo and b/netbox/translations/ja/LC_MESSAGES/django.mo differ
diff --git a/requirements.txt b/requirements.txt
index 0cf22c7d8a2..2040bf42250 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -19,10 +19,10 @@ drf-spectacular-sidecar==2024.5.1
 feedparser==6.0.11
 graphene-django==3.0.0
 gunicorn==22.0.0
-Jinja2==3.1.3
+Jinja2==3.1.4
 Markdown==3.6
-mkdocs-material==9.5.20
-mkdocstrings[python-legacy]==0.25.0
+mkdocs-material==9.5.21
+mkdocstrings[python-legacy]==0.25.1
 netaddr==1.2.1
 Pillow==10.3.0
 psycopg[binary,pool]==3.1.18