diff --git a/GITALY_SERVER_VERSION b/GITALY_SERVER_VERSION
index 4c2a8041846..4db8830b115 100644
--- a/GITALY_SERVER_VERSION
+++ b/GITALY_SERVER_VERSION
@@ -1 +1 @@
-0.128.0
+0.129.0
diff --git a/changelogs/unreleased/fj-bump-gitaly-0-129-0.yml b/changelogs/unreleased/fj-bump-gitaly-0-129-0.yml
new file mode 100644
index 00000000000..9d44e46c0ed
--- /dev/null
+++ b/changelogs/unreleased/fj-bump-gitaly-0-129-0.yml
@@ -0,0 +1,5 @@
+---
+title: Bump Gitaly to 0.129.0
+merge_request: 22868
+author:
+type: added