diff --git a/setup.py b/setup.py
index 32d33d9be..90d392037 100644
--- a/setup.py
+++ b/setup.py
@@ -11,7 +11,7 @@
     description='The Python implementation of the IPV8 library',
     long_description=long_description,
     long_description_content_type='text/markdown',
-    version='1.6.0',
+    version='1.7.0',
     url='https://github.com/Tribler/py-ipv8',
     package_data={'': ['*.*']},
     packages=find_packages(),