diff --git a/CHANGELOG.md b/CHANGELOG.md
index 359590467b..99d0d957c1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,14 @@
-### 1.7.1 (2023/05/14)
+### 1.7.2 (Next)
+
+#### Features
+
+* Your contribution here.
+
+#### Fixes
+
+* Your contribution here.
+
+## 1.7.1 (2023/05/14)
 
 #### Features
 
diff --git a/README.md b/README.md
index a476b9a1d2..8ff988925d 100644
--- a/README.md
+++ b/README.md
@@ -159,8 +159,10 @@ content negotiation, versioning and much more.
 
 ## Stable Release
 
-You're reading the documentation for the stable release of Grape, 1.7.1.
+You're reading the documentation for the next release of Grape, which should be **1.7.2**.
 Please read [UPGRADING](UPGRADING.md) when upgrading from a previous version.
+The current stable release is [1.7.1](https://github.com/ruby-grape/grape/blob/v1.7.1/README.md).
+
 
 ## Project Resources
 
diff --git a/lib/grape/version.rb b/lib/grape/version.rb
index 54cc420806..6b84a9611f 100644
--- a/lib/grape/version.rb
+++ b/lib/grape/version.rb
@@ -2,5 +2,5 @@
 
 module Grape
   # The current version of Grape.
-  VERSION = '1.7.1'
+  VERSION = '1.7.2'
 end