diff --git a/build.gradle.kts b/build.gradle.kts
index d74d003d47ff1..ebfabd37c69a6 100644
--- a/build.gradle.kts
+++ b/build.gradle.kts
@@ -133,7 +133,7 @@ rootProject.apply {
 IdeVersionConfigurator.setCurrentIde(project)
 
 if (!project.hasProperty("versions.kotlin-native")) {
-    extra["versions.kotlin-native"] = "1.7.0-dev-1827"
+    extra["versions.kotlin-native"] = "1.7.0-RC2-253"
 }
 
 val useJvmFir by extra(project.kotlinBuildProperties.useFir)
diff --git a/compiler/util-klib/src/org/jetbrains/kotlin/library/KotlinAbiVersion.kt b/compiler/util-klib/src/org/jetbrains/kotlin/library/KotlinAbiVersion.kt
index af811c722e7ff..87ad2e077d748 100644
--- a/compiler/util-klib/src/org/jetbrains/kotlin/library/KotlinAbiVersion.kt
+++ b/compiler/util-klib/src/org/jetbrains/kotlin/library/KotlinAbiVersion.kt
@@ -60,6 +60,6 @@ data class KotlinAbiVersion(val major: Int, val minor: Int, val patch: Int) {
     override fun toString() = "$major.$minor.$patch"
 
     companion object {
-        val CURRENT = KotlinAbiVersion(1, 6, 0)
+        val CURRENT = KotlinAbiVersion(1, 7, 0)
     }
 }