diff --git a/VERSION.md b/VERSION.md
index 5f4882e1249..9f19a9e59dd 100644
--- a/VERSION.md
+++ b/VERSION.md
@@ -1 +1 @@
-libspdm version 3.6.0
+libspdm version 3.7.0 (pending and unreleased)
diff --git a/include/library/spdm_common_lib.h b/include/library/spdm_common_lib.h
index 992cef2465a..9fefa6caa00 100644
--- a/include/library/spdm_common_lib.h
+++ b/include/library/spdm_common_lib.h
@@ -17,9 +17,9 @@ extern "C" {
 #include "library/spdm_return_status.h"
 
 #define LIBSPDM_MAJOR_VERSION 0x03
-#define LIBSPDM_MINOR_VERSION 0x06
+#define LIBSPDM_MINOR_VERSION 0x07
 #define LIBSPDM_PATCH_VERSION 0x00
-#define LIBSPDM_ALPHA         0x00
+#define LIBSPDM_ALPHA         0xFF
 
 /* Connection: When a host sends messages to a device, they create a connection.
  *             The host can and only can create one connection with one device.