The new version will only be available for eight months, according to Mikeal Rogers, foundation community manager.
The new release also means status changes for older versions.
Rogers said bigger changes will be saved for version 8.
"Beyond v7, we'll be focusing our efforts on language compatibility, adopting modern Web standards, growth internally for VM neutrality, and API development and support for growing Node.js use cases,” Rogers told InfoWorld.
Node.js is used to develop a wide range of tools and applications and is utilized by companies including GoDaddy, IBM, Microsoft, Cisco, Netflix and several others.