diff --git a/VERSION b/VERSION
index af55b7b8..0a4deb86 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-7.87.0-next
+7.88.0-next
diff --git a/tools/devworkspace-generator/package.json b/tools/devworkspace-generator/package.json
index 7311928e..d027ea83 100644
--- a/tools/devworkspace-generator/package.json
+++ b/tools/devworkspace-generator/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@eclipse-che/che-devworkspace-generator",
-  "version": "7.87.0-next",
+  "version": "7.88.0-next",
   "private": false,
   "description": "Generates DevWorkspaces by transforming existing devfiles",
   "main": "lib/entrypoint.js",