SUSE developer Ludwig Nussel announced on Tuesday that Leap 42.3 development has started. This next non-rolling openSUSE Leap release will be based on SUSE Linux Enterprise 12 SP3.
Don't expect too many exciting breakthroughs though for openSUSE Leap 42.3 as no big changes are expected to the base system and it will continue the Long Term Support line. Ludwig commented on opensuse-factory, "42.3 should keep the promise of continuing an LTS line and mostly collect all 42.2 maintenance updates until then plus even more packages and selected updates from Tumbleweed."
An openSUSE Leap 42.3 schedule is still being decided upon. If you're looking for something more exciting than openSUSE Leap 42, the rolling-based openSUSE Tumbleweed continues updating frequently and is evolving quite nicely for those wanting a rolling-release Linux distribution.