diff --git a/CMakeLists.txt b/CMakeLists.txt
index b9dbf8f82c295f358f31b484eb396fe029d7f7f4..d2ad0be56a9230281236c830b19a19b4c9e429ee 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -14,7 +14,7 @@ include(FindPkgConfig)
 include(cmake/CheckAtomic.cmake)
 
 set (opendht_VERSION_MAJOR 2)
-set (opendht_VERSION_MINOR 4.7)
+set (opendht_VERSION_MINOR 4.8)
 set (opendht_VERSION ${opendht_VERSION_MAJOR}.${opendht_VERSION_MINOR})
 set (PACKAGE_VERSION ${opendht_VERSION})
 set (VERSION "${opendht_VERSION}")
diff --git a/configure.ac b/configure.ac
index 48f4aa528beabedf49cb9e06fd965d5b70ed6582..d211bc2bad5ca80d0e67b020c13c096e7ace0151 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,7 +1,7 @@
 dnl define macros
 m4_define([opendht_major_version], 2)
 m4_define([opendht_minor_version], 4)
-m4_define([opendht_patch_version], 7)
+m4_define([opendht_patch_version], 8)
 m4_define([opendht_version],
 		  [opendht_major_version.opendht_minor_version.opendht_patch_version])