diff --git a/CHANGELOG.md b/CHANGELOG.md
index 41c1821711..5852269af3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,8 @@
 
 Canonical reference for changes, improvements, and bugfixes for Boundary.
 
+## Next
+
 ## 0.7.5 (2022/02/17)
 
 ### New and Improved
diff --git a/version/version_base.go b/version/version_base.go
index bcb6c6d0dd..07be72151e 100644
--- a/version/version_base.go
+++ b/version/version_base.go
@@ -8,7 +8,7 @@ var (
 	// Whether cgo is enabled or not; set at build time
 	CgoEnabled bool
 
-	Version = "0.7.5"
+	Version = "0.8.0"
 
 	// VersionPrerelease is also set at compile time, similarly to Version.
 	VersionPrerelease = ""