diff --git a/CHANGELOG.md b/CHANGELOG.md
index 444429393c7..1bdedced0fc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -8,6 +8,8 @@ This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.htm
 
 ## [Unreleased]
 
+## [1.7.0/0.30.0] - 2022-04-28
+
 ### Added
 
 - Add the `go.opentelemetry.io/otel/semconv/v1.8.0` package.
@@ -20,14 +22,12 @@ This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.htm
 
 ### Fixed
 
-- Delegated instruments are unwrapped before delegating Callbacks. (#2784)
-- Resolve supply-chain failure for the markdown-link-checker GitHub action by calling the CLI directly. (#2834)
-- Remove import of `testing` package in non-tests builds. (#2786)
+- Globally delegated instruments are unwrapped before delegating asynchronous callbacks. (#2784)
+- Remove import of `testing` package in non-tests builds of the `go.opentelemetry.io/otel` package. (#2786)
 
 ### Changed
 
 - The `WithLabelEncoder` option from the `go.opentelemetry.io/otel/exporters/stdout/stdoutmetric` package is renamed to `WithAttributeEncoder`. (#2790)
-- The `Batch.Labels` field from the `go.opentelemetry.io/otel/sdk/metric/metrictest` package is renamed to `Batch.Attributes`. (#2790)
 - The `LabelFilterSelector` interface from `go.opentelemetry.io/otel/sdk/metric/processor/reducer` is renamed to `AttributeFilterSelector`.
   The method included in the renamed interface also changed from `LabelFilterFor` to `AttributeFilterFor`. (#2790)
 - The `Metadata.Labels` method from the `go.opentelemetry.io/otel/sdk/metric/export` package is renamed to `Metadata.Attributes`.
@@ -1852,7 +1852,8 @@ It contains api and sdk for trace and meter.
 - CircleCI build CI manifest files.
 - CODEOWNERS file to track owners of this project.
 
-[Unreleased]: https://github.com/open-telemetry/opentelemetry-go/compare/metric/v0.29.0...HEAD
+[Unreleased]: https://github.com/open-telemetry/opentelemetry-go/compare/v1.7.0...HEAD
+[1.7.0/0.30.0]: https://github.com/open-telemetry/opentelemetry-go/releases/tag/v1.7.0
 [0.29.0]: https://github.com/open-telemetry/opentelemetry-go/releases/tag/metric/v0.29.0
 [1.6.3]: https://github.com/open-telemetry/opentelemetry-go/releases/tag/v1.6.3
 [1.6.2]: https://github.com/open-telemetry/opentelemetry-go/releases/tag/v1.6.2
diff --git a/bridge/opencensus/go.mod b/bridge/opencensus/go.mod
index 468ec0fb503..8acc612e542 100644
--- a/bridge/opencensus/go.mod
+++ b/bridge/opencensus/go.mod
@@ -4,11 +4,11 @@ go 1.16
 
 require (
 	go.opencensus.io v0.22.6-0.20201102222123-380f4078db9f
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/metric v0.29.0
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/sdk/metric v0.29.0
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/metric v0.30.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/sdk/metric v0.30.0
+	go.opentelemetry.io/otel/trace v1.7.0
 )
 
 replace go.opentelemetry.io/otel => ../..
diff --git a/bridge/opencensus/test/go.mod b/bridge/opencensus/test/go.mod
index 2780a4ddb21..7ac137e1291 100644
--- a/bridge/opencensus/test/go.mod
+++ b/bridge/opencensus/test/go.mod
@@ -4,10 +4,10 @@ go 1.16
 
 require (
 	go.opencensus.io v0.23.0
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/bridge/opencensus v0.29.0
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/bridge/opencensus v0.30.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/trace v1.7.0
 )
 
 replace go.opentelemetry.io/otel => ../../..
diff --git a/bridge/opentracing/go.mod b/bridge/opentracing/go.mod
index 5d669f351c4..58504ffe18d 100644
--- a/bridge/opentracing/go.mod
+++ b/bridge/opentracing/go.mod
@@ -6,8 +6,8 @@ replace go.opentelemetry.io/otel => ../..
 
 require (
 	github.com/opentracing/opentracing-go v1.2.0
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/trace v1.7.0
 )
 
 replace go.opentelemetry.io/otel/bridge/opencensus => ../opencensus
diff --git a/example/fib/go.mod b/example/fib/go.mod
index a4418942414..579478f06b5 100644
--- a/example/fib/go.mod
+++ b/example/fib/go.mod
@@ -3,10 +3,10 @@ module go.opentelemetry.io/otel/example/fib
 go 1.16
 
 require (
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.6.3
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.7.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/trace v1.7.0
 )
 
 replace go.opentelemetry.io/otel => ../..
diff --git a/example/jaeger/go.mod b/example/jaeger/go.mod
index 7f4bfc853ae..a3aa6e7a2c9 100644
--- a/example/jaeger/go.mod
+++ b/example/jaeger/go.mod
@@ -9,9 +9,9 @@ replace (
 )
 
 require (
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/exporters/jaeger v1.6.3
-	go.opentelemetry.io/otel/sdk v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/exporters/jaeger v1.7.0
+	go.opentelemetry.io/otel/sdk v1.7.0
 )
 
 replace go.opentelemetry.io/otel/bridge/opencensus => ../../bridge/opencensus
diff --git a/example/namedtracer/go.mod b/example/namedtracer/go.mod
index 2759dc8fb80..2e7fbe73c1a 100644
--- a/example/namedtracer/go.mod
+++ b/example/namedtracer/go.mod
@@ -9,10 +9,10 @@ replace (
 
 require (
 	github.com/go-logr/stdr v1.2.2
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.6.3
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.7.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/trace v1.7.0
 )
 
 replace go.opentelemetry.io/otel/bridge/opencensus => ../../bridge/opencensus
diff --git a/example/opencensus/go.mod b/example/opencensus/go.mod
index 9ae6e9d54bb..d595ae6a99b 100644
--- a/example/opencensus/go.mod
+++ b/example/opencensus/go.mod
@@ -10,12 +10,12 @@ replace (
 
 require (
 	go.opencensus.io v0.22.6-0.20201102222123-380f4078db9f
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/bridge/opencensus v0.29.0
-	go.opentelemetry.io/otel/exporters/stdout/stdoutmetric v0.29.0
-	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.6.3
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/sdk/metric v0.29.0
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/bridge/opencensus v0.30.0
+	go.opentelemetry.io/otel/exporters/stdout/stdoutmetric v0.30.0
+	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.7.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/sdk/metric v0.30.0
 )
 
 replace go.opentelemetry.io/otel/bridge/opentracing => ../../bridge/opentracing
diff --git a/example/otel-collector/go.mod b/example/otel-collector/go.mod
index d1d13628dd7..3c6f108a3dd 100644
--- a/example/otel-collector/go.mod
+++ b/example/otel-collector/go.mod
@@ -8,10 +8,10 @@ replace (
 )
 
 require (
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.6.3
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc v1.7.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/trace v1.7.0
 	google.golang.org/grpc v1.46.0
 )
 
diff --git a/example/passthrough/go.mod b/example/passthrough/go.mod
index 266846853bc..09df93d9fd3 100644
--- a/example/passthrough/go.mod
+++ b/example/passthrough/go.mod
@@ -3,10 +3,10 @@ module go.opentelemetry.io/otel/example/passthrough
 go 1.16
 
 require (
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.6.3
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/exporters/stdout/stdouttrace v1.7.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/trace v1.7.0
 )
 
 replace (
diff --git a/example/prometheus/go.mod b/example/prometheus/go.mod
index 80b68b0351d..0a4d2c1236c 100644
--- a/example/prometheus/go.mod
+++ b/example/prometheus/go.mod
@@ -9,10 +9,10 @@ replace (
 )
 
 require (
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/exporters/prometheus v0.29.0
-	go.opentelemetry.io/otel/metric v0.29.0
-	go.opentelemetry.io/otel/sdk/metric v0.29.0
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/exporters/prometheus v0.30.0
+	go.opentelemetry.io/otel/metric v0.30.0
+	go.opentelemetry.io/otel/sdk/metric v0.30.0
 )
 
 replace go.opentelemetry.io/otel/bridge/opencensus => ../../bridge/opencensus
diff --git a/example/zipkin/go.mod b/example/zipkin/go.mod
index bee194c5a8c..d11b2597ea5 100644
--- a/example/zipkin/go.mod
+++ b/example/zipkin/go.mod
@@ -9,10 +9,10 @@ replace (
 )
 
 require (
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/exporters/zipkin v1.6.3
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/exporters/zipkin v1.7.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/trace v1.7.0
 )
 
 replace go.opentelemetry.io/otel/bridge/opencensus => ../../bridge/opencensus
diff --git a/exporters/jaeger/go.mod b/exporters/jaeger/go.mod
index 724a3a07816..4f43d3dee94 100644
--- a/exporters/jaeger/go.mod
+++ b/exporters/jaeger/go.mod
@@ -5,9 +5,9 @@ go 1.16
 require (
 	github.com/google/go-cmp v0.5.7
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/trace v1.7.0
 )
 
 replace go.opentelemetry.io/otel/bridge/opencensus => ../../bridge/opencensus
diff --git a/exporters/otlp/otlpmetric/go.mod b/exporters/otlp/otlpmetric/go.mod
index 71c1a59480c..14df2170083 100644
--- a/exporters/otlp/otlpmetric/go.mod
+++ b/exporters/otlp/otlpmetric/go.mod
@@ -5,11 +5,11 @@ go 1.16
 require (
 	github.com/google/go-cmp v0.5.7
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.6.3
-	go.opentelemetry.io/otel/metric v0.29.0
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/sdk/metric v0.29.0
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.7.0
+	go.opentelemetry.io/otel/metric v0.30.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/sdk/metric v0.30.0
 	go.opentelemetry.io/proto/otlp v0.16.0
 	google.golang.org/grpc v1.46.0
 	google.golang.org/protobuf v1.28.0
diff --git a/exporters/otlp/otlpmetric/otlpmetricgrpc/go.mod b/exporters/otlp/otlpmetric/otlpmetricgrpc/go.mod
index d26194c2489..9cb6acc30db 100644
--- a/exporters/otlp/otlpmetric/otlpmetricgrpc/go.mod
+++ b/exporters/otlp/otlpmetric/otlpmetricgrpc/go.mod
@@ -4,12 +4,12 @@ go 1.16
 
 require (
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.6.3
-	go.opentelemetry.io/otel/exporters/otlp/otlpmetric v0.29.0
-	go.opentelemetry.io/otel/metric v0.29.0
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/sdk/metric v0.29.0
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.7.0
+	go.opentelemetry.io/otel/exporters/otlp/otlpmetric v0.30.0
+	go.opentelemetry.io/otel/metric v0.30.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/sdk/metric v0.30.0
 	go.opentelemetry.io/proto/otlp v0.16.0
 	google.golang.org/genproto v0.0.0-20211118181313-81c1377c94b1
 	google.golang.org/grpc v1.46.0
diff --git a/exporters/otlp/otlpmetric/otlpmetrichttp/go.mod b/exporters/otlp/otlpmetric/otlpmetrichttp/go.mod
index 5a5daa5aaf1..7515cc11d9a 100644
--- a/exporters/otlp/otlpmetric/otlpmetrichttp/go.mod
+++ b/exporters/otlp/otlpmetric/otlpmetrichttp/go.mod
@@ -4,9 +4,9 @@ go 1.16
 
 require (
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.6.3
-	go.opentelemetry.io/otel/exporters/otlp/otlpmetric v0.29.0
-	go.opentelemetry.io/otel/sdk v1.6.3
+	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.7.0
+	go.opentelemetry.io/otel/exporters/otlp/otlpmetric v0.30.0
+	go.opentelemetry.io/otel/sdk v1.7.0
 	go.opentelemetry.io/proto/otlp v0.16.0
 	google.golang.org/protobuf v1.28.0
 )
diff --git a/exporters/otlp/otlptrace/go.mod b/exporters/otlp/otlptrace/go.mod
index 5501c87ca07..d4914ea0b93 100644
--- a/exporters/otlp/otlptrace/go.mod
+++ b/exporters/otlp/otlptrace/go.mod
@@ -5,10 +5,10 @@ go 1.16
 require (
 	github.com/google/go-cmp v0.5.7
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.6.3
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.7.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/trace v1.7.0
 	go.opentelemetry.io/proto/otlp v0.16.0
 	google.golang.org/grpc v1.46.0
 	google.golang.org/protobuf v1.28.0
diff --git a/exporters/otlp/otlptrace/otlptracegrpc/go.mod b/exporters/otlp/otlptrace/otlptracegrpc/go.mod
index 129b7e830a1..2a760b0320f 100644
--- a/exporters/otlp/otlptrace/otlptracegrpc/go.mod
+++ b/exporters/otlp/otlptrace/otlptracegrpc/go.mod
@@ -4,10 +4,10 @@ go 1.16
 
 require (
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.6.3
-	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.6.3
-	go.opentelemetry.io/otel/sdk v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.7.0
+	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.7.0
+	go.opentelemetry.io/otel/sdk v1.7.0
 	go.opentelemetry.io/proto/otlp v0.16.0
 	go.uber.org/goleak v1.1.12
 	google.golang.org/genproto v0.0.0-20211118181313-81c1377c94b1
diff --git a/exporters/otlp/otlptrace/otlptracehttp/go.mod b/exporters/otlp/otlptrace/otlptracehttp/go.mod
index 60091c2507a..a49ca02e574 100644
--- a/exporters/otlp/otlptrace/otlptracehttp/go.mod
+++ b/exporters/otlp/otlptrace/otlptracehttp/go.mod
@@ -4,11 +4,11 @@ go 1.16
 
 require (
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.6.3
-	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.6.3
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/exporters/otlp/internal/retry v1.7.0
+	go.opentelemetry.io/otel/exporters/otlp/otlptrace v1.7.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/trace v1.7.0
 	go.opentelemetry.io/proto/otlp v0.16.0
 	google.golang.org/protobuf v1.28.0
 )
diff --git a/exporters/prometheus/go.mod b/exporters/prometheus/go.mod
index 4db0f072a95..bdd037be053 100644
--- a/exporters/prometheus/go.mod
+++ b/exporters/prometheus/go.mod
@@ -5,10 +5,10 @@ go 1.16
 require (
 	github.com/prometheus/client_golang v1.12.1
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/metric v0.29.0
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/sdk/metric v0.29.0
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/metric v0.30.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/sdk/metric v0.30.0
 )
 
 replace go.opentelemetry.io/otel => ../..
diff --git a/exporters/stdout/stdoutmetric/go.mod b/exporters/stdout/stdoutmetric/go.mod
index 82efdb5dea7..3902d39bc3a 100644
--- a/exporters/stdout/stdoutmetric/go.mod
+++ b/exporters/stdout/stdoutmetric/go.mod
@@ -9,10 +9,10 @@ replace (
 
 require (
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/metric v0.29.0
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/sdk/metric v0.29.0
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/metric v0.30.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/sdk/metric v0.30.0
 )
 
 replace go.opentelemetry.io/otel/bridge/opencensus => ../../../bridge/opencensus
diff --git a/exporters/stdout/stdouttrace/go.mod b/exporters/stdout/stdouttrace/go.mod
index 8a960973ac4..586949a1157 100644
--- a/exporters/stdout/stdouttrace/go.mod
+++ b/exporters/stdout/stdouttrace/go.mod
@@ -9,9 +9,9 @@ replace (
 
 require (
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/trace v1.7.0
 )
 
 replace go.opentelemetry.io/otel/bridge/opencensus => ../../../bridge/opencensus
diff --git a/exporters/zipkin/go.mod b/exporters/zipkin/go.mod
index 9522e3bb11d..ed86a58d189 100644
--- a/exporters/zipkin/go.mod
+++ b/exporters/zipkin/go.mod
@@ -6,9 +6,9 @@ require (
 	github.com/google/go-cmp v0.5.7
 	github.com/openzipkin/zipkin-go v0.4.0
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/sdk v1.6.3
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/sdk v1.7.0
+	go.opentelemetry.io/otel/trace v1.7.0
 )
 
 replace go.opentelemetry.io/otel/bridge/opencensus => ../../bridge/opencensus
diff --git a/go.mod b/go.mod
index 34e9276f6fa..cb026c095e3 100644
--- a/go.mod
+++ b/go.mod
@@ -7,7 +7,7 @@ require (
 	github.com/go-logr/stdr v1.2.2
 	github.com/google/go-cmp v0.5.7
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel/trace v1.7.0
 )
 
 replace go.opentelemetry.io/otel => ./
diff --git a/metric/go.mod b/metric/go.mod
index cbc5cf20905..02e82e3601f 100644
--- a/metric/go.mod
+++ b/metric/go.mod
@@ -4,7 +4,7 @@ go 1.16
 
 require (
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel v1.6.3
+	go.opentelemetry.io/otel v1.7.0
 )
 
 replace go.opentelemetry.io/otel => ../
diff --git a/sdk/go.mod b/sdk/go.mod
index b839715678c..00e876eead3 100644
--- a/sdk/go.mod
+++ b/sdk/go.mod
@@ -8,8 +8,8 @@ require (
 	github.com/go-logr/logr v1.2.3
 	github.com/google/go-cmp v0.5.7
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/trace v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/trace v1.7.0
 	golang.org/x/sys v0.0.0-20210423185535-09eb48e85fd7
 )
 
diff --git a/sdk/metric/go.mod b/sdk/metric/go.mod
index 14031ee16d6..f81c840dfc0 100644
--- a/sdk/metric/go.mod
+++ b/sdk/metric/go.mod
@@ -41,9 +41,9 @@ replace go.opentelemetry.io/otel/trace => ../../trace
 require (
 	github.com/benbjohnson/clock v1.3.0
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel v1.6.3
-	go.opentelemetry.io/otel/metric v0.29.0
-	go.opentelemetry.io/otel/sdk v1.6.3
+	go.opentelemetry.io/otel v1.7.0
+	go.opentelemetry.io/otel/metric v0.30.0
+	go.opentelemetry.io/otel/sdk v1.7.0
 )
 
 replace go.opentelemetry.io/otel/example/passthrough => ../../example/passthrough
diff --git a/trace/go.mod b/trace/go.mod
index 2c8851bb0d1..7496b0f2dac 100644
--- a/trace/go.mod
+++ b/trace/go.mod
@@ -41,7 +41,7 @@ replace go.opentelemetry.io/otel/trace => ./
 require (
 	github.com/google/go-cmp v0.5.7
 	github.com/stretchr/testify v1.7.1
-	go.opentelemetry.io/otel v1.6.3
+	go.opentelemetry.io/otel v1.7.0
 )
 
 replace go.opentelemetry.io/otel/example/passthrough => ../example/passthrough
diff --git a/version.go b/version.go
index e36a226325a..da940c6323f 100644
--- a/version.go
+++ b/version.go
@@ -16,5 +16,5 @@ package otel // import "go.opentelemetry.io/otel"
 
 // Version is the current release version of OpenTelemetry in use.
 func Version() string {
-	return "1.6.3"
+	return "1.7.0"
 }
diff --git a/versions.yaml b/versions.yaml
index 286c8c077b9..b992d0fb06d 100644
--- a/versions.yaml
+++ b/versions.yaml
@@ -14,7 +14,7 @@
 
 module-sets:
   stable-v1:
-    version: v1.6.3
+    version: v1.7.0
     modules:
       - go.opentelemetry.io/otel
       - go.opentelemetry.io/otel/bridge/opentracing
@@ -34,7 +34,7 @@ module-sets:
       - go.opentelemetry.io/otel/trace
       - go.opentelemetry.io/otel/sdk
   experimental-metrics:
-    version: v0.29.0
+    version: v0.30.0
     modules:
       - go.opentelemetry.io/otel/example/prometheus
       - go.opentelemetry.io/otel/exporters/otlp/otlpmetric
@@ -49,7 +49,7 @@ module-sets:
     modules:
       - go.opentelemetry.io/otel/schema
   bridge:
-    version: v0.29.0
+    version: v0.30.0
     modules:
       - go.opentelemetry.io/otel/bridge/opencensus
       - go.opentelemetry.io/otel/bridge/opencensus/test