diff --git a/ballerina/Ballerina.toml b/ballerina/Ballerina.toml
index dc5e9d72..cd6e30d4 100644
--- a/ballerina/Ballerina.toml
+++ b/ballerina/Ballerina.toml
@@ -2,7 +2,7 @@
 distribution = "2201.8.0"
 org = "ballerinax"
 name = "asb"
-version = "3.7.0"
+version = "3.8.0-SNAPSHOT"
 license= ["Apache-2.0"]
 authors = ["Ballerina"]
 keywords = ["IT Operations/Message Brokers", "Cost/Paid", "Vendor/Microsoft"]
@@ -19,5 +19,5 @@ graalvmCompatible = true
 groupId = "org.ballerinax"
 artifactId = "asb-native"
 module = "asb-native" 
-version = "3.7.0"
-path = "../native/build/libs/asb-native-3.7.0.jar"
+version = "3.8.0-SNAPSHOT"
+path = "../native/build/libs/asb-native-3.8.0-SNAPSHOT.jar"
diff --git a/ballerina/Dependencies.toml b/ballerina/Dependencies.toml
index 6fbb0e53..9b8a7d9e 100644
--- a/ballerina/Dependencies.toml
+++ b/ballerina/Dependencies.toml
@@ -127,7 +127,7 @@ modules = [
 [[package]]
 org = "ballerinax"
 name = "asb"
-version = "3.7.0"
+version = "3.8.0-SNAPSHOT"
 dependencies = [
 	{org = "ballerina", name = "jballerina.java"},
 	{org = "ballerina", name = "lang.runtime"},
diff --git a/gradle.properties b/gradle.properties
index f1da800b..44b86db4 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,6 +1,6 @@
 org.gradle.caching=true
 group=org.ballerinax.azure.servicebus
-version=3.7.0
+version=3.8.0-SNAPSHOT
 
 checkstylePluginVersion=10.12.0
 spotbugsPluginVersion=5.0.14