diff --git a/VERSION b/VERSION
index 70bc9a9f6..4a96cce40 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-4.7.5
+4.8.0-rc.1
diff --git a/internal/updates/version.go b/internal/updates/version.go
index 8c0485ed9..799a02f83 100644
--- a/internal/updates/version.go
+++ b/internal/updates/version.go
@@ -164,7 +164,7 @@ func GetCurrentVersion() (*VersionInfo, error) {
 	}
 	
 	// Final fallback
-	version := "4.7.6"
+	version := "4.8.0-rc.1"
 	channel := "stable"
 	if strings.Contains(strings.ToLower(version), "rc") {
 		channel = "rc"