diff --git a/version b/version
index a0f9ae94..b5283235 100644
--- a/version
+++ b/version
@@ -1,5 +1,5 @@
 
 # Copyright (C) NGINX, Inc.
 
-NXT_VERSION=1.16.0
-NXT_VERNUM=11600
+NXT_VERSION=1.17.0
+NXT_VERNUM=11700