diff --git a/Cargo.lock b/Cargo.lock
index 0b6260c9..f51f67b2 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1452,7 +1452,7 @@ checksum = "e51733f11c9c4f72aa0c160008246859e340b00807569a0da0e7a1079b27ba85"
 
 [[package]]
 name = "v8"
-version = "0.106.0"
+version = "129.0.0"
 dependencies = [
  "align-data",
  "bindgen",
diff --git a/Cargo.toml b/Cargo.toml
index a94192af..3ab2b257 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "v8"
-version = "0.106.0"
+version = "129.0.0"
 description = "Rust bindings to V8"
 readme = "README.md"
 authors = ["the Deno authors"]
diff --git a/README.md b/README.md
index 09ba3797..a2a3741b 100644
--- a/README.md
+++ b/README.md
@@ -30,6 +30,18 @@ V8 Version: 12.9.202.18
    Due to the complexity and size of V8's build, this is nontrivial. For example
    the crate size must be kept under 10 MiB in order to publish.
 
+## Versioning
+
+Rusty V8's major version aligns with Chrome's major version, which corresponds
+to a specific V8 release. For example, Rusty V8 `129.0.0` maps to Chrome
+`129.x.y.z`, which uses V8 `12.9.a.b`. While the minor and patch numbers between
+Chrome and V8 may differ, Rusty V8 will follow Chrome's release schedule, with a
+new major version every 4 weeks.
+
+As a Rust crate, Rusty V8 follows semantic versioning (semver) and will not
+introduce breaking changes within a major version. However, major version bumps
+will occur regularly to stay in sync with Chrome's release cycle.
+
 ## Binary Build
 
 V8 is very large and takes a long time to compile. Many users will prefer to use
@@ -115,7 +127,9 @@ For Mac builds: You'll need Xcode and Xcode CLT installed. Recent macOS versions
 will also require you to pass PYTHON=python3 because macOS no longer ships with
 `python` simlinked to Python 3.
 
-For Android builds: You'll need to cross compile from a x86_64 host to the aarch64 or x64 android. You can use the following commands:
+For Android builds: You'll need to cross compile from a x86_64 host to the
+aarch64 or x64 android. You can use the following commands:
+
 ```bash
 rustup target add aarch64-linux-android  # or x86_64-linux-android
 V8_FROM_SOURCE=1 cargo build -vv --target aarch64-linux-android