diff --git a/.github/ISSUE_TEMPLATE/bug_report.md b/.github/ISSUE_TEMPLATE/bug_report.md
index e8eb256d..0eb90b0d 100644
--- a/.github/ISSUE_TEMPLATE/bug_report.md
+++ b/.github/ISSUE_TEMPLATE/bug_report.md
@@ -24,7 +24,7 @@ If this is not feasible, give an example of the code on which the problem manife
 If applicable, report files or screenshots.
 
 **Environment**
- - Kover Gradle Plugin version: [e.g. 0.6.1]
+ - Kover Gradle Plugin version: [e.g. 0.7.0-Alpha]
  - Gradle version: [e.g. 7.5.1]
  - Kotlin project type: [e.g. Kotlin/JVM, Kotlin/Multiplatform, Kotlin/Android]
  - Coverage Engine version (if customized in build script): [e.g. DefaultJacocoEngine, KoverEngine("1.0.656")]
diff --git a/CHANGELOG.md b/CHANGELOG.md
index bda8701f..7b90485b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,21 @@
+0.7.0-Alpha / 2023-02-27
+===================
+This is a preview version of new major release with the API rework in order to support configuration cache, project isolation model, Android Gradle plugin and source-set level granularity of configuration.
+This release is incompatible with the previous version, and we provide best-effort migration assistance as well as [migration guide](https://github.com/Kotlin/kotlinx-kover/blob/v0.7.0-Alpha/docs/migration-to-0.7.0.md)
+### Features
+* Implemented improved Kover DSL (#284)
+* Added Gradle project isolation support (#144)
+* Introduced API for Coverage Tools (#195)
+* Added support of Android build variants (#18)
+* Implemented support filtering of source sets for Kotlin JVM and Kotlin compilations for Kotlin multiplatform (#245)
+* Added customizable header in HTML report for Kover and JaCoCo report generator (#194)
+* Minimal and default Kover Tool versions upgraded to 1.0.709
+
+### Bugfixes
+* Fixed `Cannot run Project.afterEvaluate` (#221)
+* Fixed missing report path in logs for cached HTML task (#283)
+
+
 0.6.1 / 2022-10-03
 ===================
 
diff --git a/examples/android/minimal_groovy/build.gradle b/examples/android/minimal_groovy/build.gradle
index 714e6519..8376225a 100644
--- a/examples/android/minimal_groovy/build.gradle
+++ b/examples/android/minimal_groovy/build.gradle
@@ -2,5 +2,5 @@ plugins {
     id 'com.android.application' version '7.2.2' apply false
     id 'com.android.library' version '7.2.2' apply false
     id 'org.jetbrains.kotlin.android' version '1.7.21' apply false
-    id 'org.jetbrains.kotlinx.kover' version '0.6.1' apply false
+    id 'org.jetbrains.kotlinx.kover' version '0.7.0-Alpha' apply false
 }
diff --git a/examples/android/minimal_kts/build.gradle.kts b/examples/android/minimal_kts/build.gradle.kts
index 4501de44..47b5ac68 100644
--- a/examples/android/minimal_kts/build.gradle.kts
+++ b/examples/android/minimal_kts/build.gradle.kts
@@ -2,5 +2,5 @@ plugins {
     id("com.android.application") version "7.2.2" apply false
     id("com.android.library") version "7.2.2" apply false
     id("org.jetbrains.kotlin.android") version "1.7.21" apply false
-    id("org.jetbrains.kotlinx.kover") version "0.6.1" apply false
+    id("org.jetbrains.kotlinx.kover") version "0.7.0-Alpha" apply false
 }
diff --git a/examples/android/multiproject/build.gradle.kts b/examples/android/multiproject/build.gradle.kts
index 4501de44..47b5ac68 100644
--- a/examples/android/multiproject/build.gradle.kts
+++ b/examples/android/multiproject/build.gradle.kts
@@ -2,5 +2,5 @@ plugins {
     id("com.android.application") version "7.2.2" apply false
     id("com.android.library") version "7.2.2" apply false
     id("org.jetbrains.kotlin.android") version "1.7.21" apply false
-    id("org.jetbrains.kotlinx.kover") version "0.6.1" apply false
+    id("org.jetbrains.kotlinx.kover") version "0.7.0-Alpha" apply false
 }
diff --git a/examples/jvm/defaults/build.gradle.kts b/examples/jvm/defaults/build.gradle.kts
index e60298a7..6ef3b570 100644
--- a/examples/jvm/defaults/build.gradle.kts
+++ b/examples/jvm/defaults/build.gradle.kts
@@ -1,6 +1,6 @@
 plugins {
     kotlin("jvm") version "1.7.10"
-    id("org.jetbrains.kotlinx.kover") version "0.6.1"
+    id("org.jetbrains.kotlinx.kover") version "0.7.0-Alpha"
 }
 
 repositories {
diff --git a/examples/jvm/merged/build.gradle.kts b/examples/jvm/merged/build.gradle.kts
index bb761cc4..76edc35f 100644
--- a/examples/jvm/merged/build.gradle.kts
+++ b/examples/jvm/merged/build.gradle.kts
@@ -1,6 +1,6 @@
 plugins {
     kotlin("jvm") version "1.7.10"
-    id("org.jetbrains.kotlinx.kover") version "0.6.1"
+    id("org.jetbrains.kotlinx.kover") version "0.7.0-Alpha"
 }
 
 repositories {
diff --git a/examples/jvm/minimal/build.gradle.kts b/examples/jvm/minimal/build.gradle.kts
index 372840c1..5a22f0f9 100644
--- a/examples/jvm/minimal/build.gradle.kts
+++ b/examples/jvm/minimal/build.gradle.kts
@@ -1,6 +1,6 @@
 plugins {
     kotlin("jvm") version "1.7.10"
-    id("org.jetbrains.kotlinx.kover") version "0.6.1"
+    id("org.jetbrains.kotlinx.kover") version "0.7.0-Alpha"
 }
 
 repositories {
diff --git a/gradle.properties b/gradle.properties
index 0e43ec87..e751212b 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -2,6 +2,6 @@ version=0.7.0-SNAPSHOT
 group=org.jetbrains.kotlinx
 
 # version of the latest release
-kover.release.version=0.6.1
+kover.release.version=0.7.0-Alpha
 kotlinVersion=1.7.10
 kotlin.code.style=official
diff --git a/src/main/kotlin/kotlinx/kover/gradle/plugin/dsl/KoverVersions.kt b/src/main/kotlin/kotlinx/kover/gradle/plugin/dsl/KoverVersions.kt
index 21844735..0cedfe8c 100644
--- a/src/main/kotlin/kotlinx/kover/gradle/plugin/dsl/KoverVersions.kt
+++ b/src/main/kotlin/kotlinx/kover/gradle/plugin/dsl/KoverVersions.kt
@@ -15,12 +15,12 @@ public object KoverVersions {
     /**
      * Minimal supported Kover coverage tool version.
      */
-    public const val KOVER_TOOL_MINIMAL_VERSION = "1.0.708"
+    public const val KOVER_TOOL_MINIMAL_VERSION = "1.0.709"
 
     /**
      * Kover coverage tool version used by default.
      */
-    public const val KOVER_TOOL_DEFAULT_VERSION = "1.0.708"
+    public const val KOVER_TOOL_DEFAULT_VERSION = "1.0.709"
 
     /**
      * JaCoCo coverage tool version used by default.