diff --git a/frappe/__init__.py b/frappe/__init__.py
index a0eb02d432..538eb44bd2 100644
--- a/frappe/__init__.py
+++ b/frappe/__init__.py
@@ -14,7 +14,7 @@ import os, sys, importlib, inspect, json
 from .exceptions import *
 from .utils.jinja import get_jenv, get_template, render_template, get_email_from_template
 
-__version__ = '8.6.8'
+__version__ = '8.7.0'
 __title__ = "Frappe Framework"
 
 local = Local()