diff --git a/Makefile b/Makefile
index f36c0a644a2..76b44e1c6df 100644
--- a/Makefile
+++ b/Makefile
@@ -3,7 +3,7 @@
 VERSION = 2026
 PATCHLEVEL = 10
 SUBLEVEL =
-EXTRAVERSION = -rc1
+EXTRAVERSION = -rc2
 NAME =
 
 # *DOCUMENTATION*
diff --git a/doc/develop/release_cycle.rst b/doc/develop/release_cycle.rst
index 0f593d8c986..a9f936c3dd8 100644
--- a/doc/develop/release_cycle.rst
+++ b/doc/develop/release_cycle.rst
@@ -58,7 +58,7 @@ Current Status
 * The Merge Window for the next release (|next_ver|) is **closed** with the -rc1
   release on Monday, 27 July 2026.
 
-* The next branch is now **closed** until the -rc2 release on Monday, 10
+* The next branch is now **open** with the -rc2 release on Monday, 10
   August 2026.
 
 * Release "|next_ver|" is scheduled for Monday, 05 October 2026.
@@ -73,7 +73,7 @@ For the next scheduled release, release candidates were made on:
 
 * U-Boot |next_ver|-rc1 was released on Mon 27 July 2026.
 
-.. * U-Boot |next_ver|-rc2 was released on Mon 10 August 2026.
+* U-Boot |next_ver|-rc2 was released on Mon 10 August 2026.
 
 .. * U-Boot |next_ver|-rc3 was released on Mon 24 August 2026.