diff --git a/traitlets/_version.py b/traitlets/_version.py
index f75993c7..6091af85 100644
--- a/traitlets/_version.py
+++ b/traitlets/_version.py
@@ -1,5 +1,5 @@
-version_info = (5, 2, 2)
-__version__ = "5.2.2"
+version_info = (5, 3, 0)
+__version__ = "5.3.0"
 
 # unlike `.dev`, alpha, beta and rc _must not_ have dots,
 # or the wheel and tgz won't look to pip like the same version.