diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7835335486..420ef71e7f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -91,6 +91,7 @@ The minor version will be incremented upon a breaking change and the patch versi
 - cli: Use OS-agnostic paths ([#3307](https://github.com/coral-xyz/anchor/pull/3307)).
 - avm: Use `rustc 1.79.0` when installing versions older than v0.31 ([#3315](https://github.com/coral-xyz/anchor/pull/3315)).
 - cli: Fix priority fee calculation causing panic on localnet ([#3318](https://github.com/coral-xyz/anchor/pull/3318)).
+- cli: Fix `shell` command failing due to outdated program initialization ([#3351](https://github.com/coral-xyz/anchor/pull/3351)).
 
 ### Breaking