diff --git a/VERSION b/VERSION
index 00ddfef..6b60281 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-v0.16.1
+v0.17.0
diff --git a/common/version.go b/common/version.go
index bfc29ed..c2714d1 100644
--- a/common/version.go
+++ b/common/version.go
@@ -4,8 +4,8 @@ import "github.com/nspcc-dev/neo-go/pkg/interop/native/std"
 
 const (
 	major = 0
-	minor = 16
-	patch = 1
+	minor = 17
+	patch = 0
 
 	// Versions from which an update should be performed.
 	// These should be used in a group (so prevMinor can be equal to minor if there are