diff --git a/VERSION b/VERSION
index 4e0d755440b..d72a3cbc1e9 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-v1.8.6
+v1.8.7
diff --git a/dist/images/install.sh b/dist/images/install.sh
index dc786e7b74c..cff9f345868 100755
--- a/dist/images/install.sh
+++ b/dist/images/install.sh
@@ -19,7 +19,7 @@ CNI_CONF_DIR="/etc/cni/net.d"
 CNI_BIN_DIR="/opt/cni/bin"
 
 REGISTRY="kubeovn"
-VERSION="v1.8.6"
+VERSION="v1.8.7"
 IMAGE_PULL_POLICY="IfNotPresent"
 POD_CIDR="10.16.0.0/16"                # Do NOT overlap with NODE/SVC/JOIN CIDR
 POD_GATEWAY="10.16.0.1"